CFECapital, as a subsidiary of the Federal Electricity Commission, processes personal data in strict accordance with the Federal Law on the Protection of Personal Data Held by Individuals, its Regulations and other applicable provisions, as well as the institutional guidelines and policies of the CFE regarding the protection of personal data. This website is for informational purposes only and is not designed for the systematic collection of personal data. However, in the event that any person provides information through the institutional contact channels published on this site, such data will be treated in a lawful, controlled and confidential manner, only for the purpose of institutional contact, attention and follow-up to investors, management of requests, and compliance with legal, administrative and regulatory obligations under the responsibility of CFECapital. The processing of personal data is carried out under the principles of legality, purpose, proportionality, quality, security and responsibility, and CFECapital implements the administrative, technical and physical security measures that are necessary for their protection, in accordance with the institutional regulatory framework of the CFE. Individuals who hold personal data may at any time exercise their rights of Access, Rectification, Cancellation or Opposition (ARCO), as well as to know the Comprehensive Privacy Notice and the treatment given to their information, through the official channels that CFECapital makes available to them.
The only financial vehicle with access to the National Transmission Network
Dividend Yield 2025
11.5%
Minimum quarterly distribution
CFE Fibra E explora nueva emisión de capital para la expansión de la Red Nacional de Transmisión
GBM Award for Best Debut Transaction in Quasi-Sovereign Bonds
CFE Fibra E: Strengthens Financial Stability Through Q4 2025
Information for the 4th quarter of 2025
Quality Indicators
Average monthly energy volume
29,490 MWh
Percentage of time the electric service has been working properly (IDP)
99.45%
Transformative Capacity
171.159 MVA
Infrastructure
Electrical substations
2,339
Transmission lines
111.195 km
2026 Transmission Rates ($/kWh)
Generators ≥220 kV
0.0607
Generators <220 kV
0.1100
Consumers ≥220 kV
0.0791
Consumers <220 kV
0.1801
Dividend Yield 2025
11.5%
Average distributions 2019-2025
$3,386 million pesos
Form of Payment
Quarterly according to the Issuing Trust Agreement.
Annual distribution
At least 95% of the fiscal result, no later than March 15.
Form of Payment
Payments in cash, Mexican pesos and through Indeval.
CFE Fibra E offers certainty, stability and transparency to its investors.
Exclusive access
The only vehicle with direct participation in the National Transmission Network, a key infrastructure for Mexico's electrical system.
Public revenues, clear rules
Right to receive income from the electric transmission service under a regulated scheme that provides stability and certainty.
Shared value for Mexico
It strengthens the CFE and the national electricity system, allowing Mexican investors and workers through their Afores to invest in a solid instrument, with quarterly distributions.
First Energy and Infrastructure Investment Trust to be listed in the Mexican capital market.
Constitution and structure
• On February 8, 2018, the Global Initial Public Offering of Energy and Infrastructure Investment Trust Certificates (Series A CBFEs) was completed.
• CFECapital acts as Settlor and Administrator.
• 6.78% of the Trust Rights of the Promoted Trust were acquired.
An unprecedented vehicle
• The only instrument that allows institutional investors and individuals to participate in the revenues of the National Transmission Network.
• It opened access to strategic electrical infrastructure through the capital market.
• Listed on the Mexican Stock Exchange under the slate code FCFE18.
Placement results
• Amount of the Global Offer: $16.3 billion pesos (considering overallocation).
• Placement Price: $19.00 per CBFE Series A.
• CBFEs Series A placed: 862.5 million.
• CBFEs Series B: 287.5 million (considering overallocation).
First issue of debt in domestic and international markets
2025 bond issue
• Accelerates the modernization of the National Transmission Network.
• It attracts global capital.
• Diversify funding sources.
Infrastructure with real impact
• Promotes priority projects, strengthening the reliability of the electrical system and expanding infrastructure where it is most needed.
Benchmark results
• Increased placement, demand and oversubscription for a Fiber in Mexico.
• Consolidation as a reference vehicle for the financing of electrical infrastructure.
• Total investment: $5.461 million pesos.
• Increase in the share of Trust Rights in the Promoted Trust, from 6.78% to 9.5%.
Nine projects have been funded to ensure a reliable electricity supply for homes, businesses, and industry.
Strategic Sector in accordance with the Constitution
No risk of competition or substitution
No commercial risk
100% of transmission assets subject to regulated fees
It generates stable and transparent flows, based on the regulated use of RNT, with clear rules for the allocation and distribution of resources.
CFE FIBRA E distributes at least annually 95% of its net income, prioritizing debt repayment and complying with a prudent financial policy.
The structure has solid control mechanisms and corporate governance, which provide long-term stability, trust and predictability.
Fees cover operating costs and ensure a fair and regulated return on assets.
Annually updated by the regulator, with the possibility of interim reviews.
They distribute costs and risks in a balanced way between generators and consumers.
This scheme promotes financial stability and the sustainability of the electrical system for the benefit of the entire country.
Independent oversight, financial discipline and clear rules that build long-term trust.
Independent and transparent oversight by the Technical Committee
Strong financial discipline
Robust corporate governance
Operation backed by the Mexican energy and financial framework, with long-term legal and financial certainty.
88
years of operational excellence from the CFE
30+
years of independence from the energy regulator
65
years of exclusive experience in electrical transmission
10+
years of consistent application of the current tariff scheme
Strategic activity of the State
The transmission and supply of electrical energy are reserved to the Mexican State, in accordance with articles 27 and 28 of the Mexican Constitution, which guarantee the management and control of the National Electrical System.
Electricity Sector Act
The Electricity Sector Act and its regulatory provisions govern the organization, operation and development of the sector, establishing the legal bases of the public broadcasting service, the tariff regime and the operating conditions of the SEN.
Authorities in the electricity sector
The electricity sector operates under comprehensive regulation by specialized federal authorities:
• Secretariat of Energy (SENER)
It defines the national energy policy.
• National Energy Commission (CNE)
It regulates and supervises the electricity sector technically and economically.
• National Energy Control Center (CENACE)
It operates and controls the National Electricity System and the Electricity Market.
Regulated regime, reliable operation
The transmission of electrical energy operates under a regulated tariff scheme and a national operating framework that integrates technical standards, reliability criteria and provisions applicable to the National Electric System (SEN), ensuring the continuity, safety and quality of the service.
Institutional strength
La Federal Electricity Commission with more than 88 years of continuous operation, it has operations and activities along the entire value chain of the electricity sector. Strong internal regulations, statutes and institutional documentation.
Contractual certainty
The contractual relationships associated with the assets of CFE Fibra E are backed by applicable sectoral legislation and internal regulations of the CFE, providing long-term legal and operational certainty.
CFE Fibra E operates under a clearly defined fiscal framework for trusts and Fibras E, which provides certainty and clear rules for investors.
It regulates compliance with the trust's tax obligations: RFCs, declarations, accounting, withholding, and formal compliance.
It establishes the special tax regime for Fibres E, the eligibility requirements and the tax treatment of holders of CBFes.
They complement the LISR and detail the operating rules to preserve the tax regime, including minimum investment, eligible projects, flows and distribution.
CFE Fibra E is governed by the LMV and its secondary provisions, which establish the regulatory framework for issuers, investors and stock market participants.
Supervision of the CNBV
La National Banking and Securities Commission (CNBV) oversees compliance with applicable regulations regarding financial information, disclosure, corporate governance and investor protection.
• Provisions of the CNBV As a listed issuer in matters of corporate governance: reports, continuous disclosure and obligations of the issuing trust.
Stock market regulations
• National Securities Register (RNV) - CNBV
Registration of CBFes for their public offering in Mexico.
• General Issuers Regulation (CUE) — CNBV
It establishes the disclosure guidelines, reporting and obligations of the listed issuers.
General Securities and Credit Transactions Act (LGTOC)
La LGTOC regulates the concept of the trust and the issuance of CBFEs that Fibra E places in the stock markets.
International 144A/Reg S Regimes
The 144 A/Reg S Regime is applied to placements aimed at foreign investors, allowing the offer of CBFes in international markets under the standards of Securities and Exchange Commission (SEC).
Avenida Paseo de la Reforma #412, 4th Floor, Col. Cuauhtémoc, Cuauhtémoc, Mexico City, C.P. 06600, Mexico
