First year of the Second Floor of Transformation

On September 1st, for the first time, a woman delivered her State of the Nation address. This historic event, led by President Claudia Sheinbaum, culminated decades of struggle for equality and marked the beginning of a cycle in which women lead the Mexican government. Yes, we've all arrived.

Our President had much to report on: poverty reduction, profound changes in the Mexican justice system, firmness and prudence in international relations, and much more, the result of her will and commitment to the people of Mexico.

In terms of energy, the message was unequivocal: this country has regained its sovereignty. Petróleos Mexicanos (Pemex) and the Federal Electricity Commission (CFE) are once again strategic public companies for national development.

With renewed instruments, the Mexican State today positions itself as the center of strategic activities by developing infrastructure projects and promoting investment aimed at well-being and growth with justice.

The record level of foreign direct investment during the first half of 2025 ($36 billion), the active participation of the private sector in the Economic Package to Combat Inflation and High Costs, and the Voluntary Strategy to Prevent Gasoline Price Increases are no coincidence.

In the first months of the administration, 19 constitutional reforms and 40 legislative reforms were approved, 13 of which were in the energy sector. With this foundation, we presented Pemex's 2025-2035 Strategic Plan, with innovative financial instruments to address debt maturities and, at the same time, free up resources for new investments.

Pemex currently produces approximately 1.2 million barrels of refined petroleum products per day through the joint operation of the Olmeca and Deer Park refineries and the Tula Coke Plant; fertilizer production has increased by 17 percent compared to 2024, thus contributing to food sovereignty.

Our president reported that the CFE will close 2025 with four new generating plants totaling 2,000 megawatts, and plans to add another 3,193 megawatts next year with the launch of five more plants. Added to this is the private expansion with an additional 6,400 megawatts by 2030, confirming that the Mexican energy transition requires public stewardship accompanied by private initiative.

In addition, 16 transmission projects are being developed this year with an investment of 90 billion pesos, and we aspire to fulfill our international commitment to boost Mexico with 35 percent renewable energy by 2030.

After a year of work, we've also carried out energy justice initiatives, such as the electrification of indigenous communities in the Sierra de Durango and the efficient stove program for Purépecha families in Michoacán. Access to energy is not only an economic issue, but also a tool for equity and well-being.

The results of this first report are also reflected in the international assessment of our country: Standard & Poor's reaffirmed Mexico's sovereign debt rating at BBB, while Moody's Ratings raised Pemex's rating from B3 to B1 with a stable outlook.

The above reflects that our country maintains a solid investment-grade position and maintains the confidence of the agencies that evaluate our debt. This recognition confirms Mexico's fiscal discipline, monetary prudence, and institutional strength, which translates into an Economic Package for 2026 that continues the economic and budgetary responsibility of this Government.

President Sheinbaum's first year in office embodied the second phase of the transformation committed to the green transition, recovering strategic companies and assuming that energy is a social right. In short, this is what energy sovereignty embodies.