Mexico"s Enova will invest $800 million in 2017 on eight jobs: CEO

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Mexico’s IEnova will invest $800 million in 2017 on eight jobs: CEO

MEXICO Metropolis – Mexican power infrastructure business IEnova (MX:), a device of U.S.-centered Sempra Power (N:), will invest $800 million this 12 months on eight jobs, the company’s main executive claimed on Monday.

Carlos Ruiz Sacristan claimed the most important challenge is an underwater pipeline concerning Texas and the Mexican Gulf port of Tuxpan. That challenge will call for a full financial investment of $two billion, and will be made with TransCanada Corp.

Talking at an event at Mexico’s stock trade, he claimed IEnova will invest $five hundred million in the pipeline challenge.