New investment instruments in energy and infrastructure projects: Fibras E

The implementation of these types of instruments seeks to create a legal framework that grants certain tax benefits in order to promote investment not only in the real estate sector, but also in the energy and infrastructure sector.

 

October 21st, 2015.

 

Dear clients and friends,

During his third government report, President Enrique Peña Nieto announced the implementation of a new investment instrument for the development of energy and infrastructure projects which he called "Fibra E".
Fibra E was legally implemented through amendments to the Tax Omnibus Bill for 2015 (RMF 2015) enacted on October 1, 2015, and to the General Provisions Applicable to Securities Issuers and other Participants in the Securities Market (Single Circular for Issuers) published in the Official Federal Gazette yesterday and which enters into force today.

With the Fibra E it is sought, as with the master limited partnerships or "MLPs" in the United States, to promote development of the energy and infrastructure sector by the granting of certain tax benefits to those trusts that comply with the rules set forth in the RMF 2015.

To read the full document please click here.

 

For additional information, contact our experts:

Luis Burgueño, Partner:
+ 52 (55) 5258-1003, lburgueno@vwys.com.mx 
Andres Nieto, Partner:
+ 52 (55) 5258-1027, anieto@vwys.com.mx