DaHui Lawyers

English  |  中文

rss feed

Search

Search This Section

18 Jun 2014

DaHui Advises on China’s Landmark Outbound Investment in Mexico

The national oil company of Mexico, PEMEX, has announced a deal with Chinese parties to establish an energy-sector investment fund.  Sino-Mex Energy Fund, with a capital commitment of up to US$5 billion, may become the biggest Chinese investment project in Latin America to date.  DaHui is lead counsel in this project.

Sino-Mex Energy Fund is established pursuant to a framework agreement signed by Mexican President Pena Nieto with the Chinese government to increase economic ties between China and Mexico, particularly in the energy and natural resources industry. It is also one of the key projects contemplated during Chinese President Xi’s visit to Mexico in June 2013. The fund primarily targets investing in energy infrastructure (such as offshore jack-ups drilling platforms, oil and gas pipelines, LNG liquefaction plants and export ports, in Mexico and the Gulf of Mexico area) as well as exploration and production of oil and natural gas. 

The DaHui Private Equity Fund team for this project was led by Owen Yang and the Outbound Investment team was led by Zheng Zha.

› More News