Mexican government pushes ahead with plans to buy European-funded power plants A number of banks are interested in financing

[Mexican government promotes plans to buy European-funded power plants] several banks are interested in financing] the Mexican government is actively promoting its plan to buy the Spanish energy giant Evello Electric Power Company in Mexico for 6 billion US dollars. According to Bloomberg on April 13, several banks have expressed their willingness to raise capital, including BBVA, Spain's largest bank, Banco Santander and Bank of America Ltd. BBVA intends to provide up to $2 billion, but has yet to finalise the plan, according to people familiar with the matter. A number of Mexican development banks, including the Barnault Financial Group of Mexico, the Inbosa Financial Group of telecom tycoon Carlos Slim, and the National Bank of Engineering and Public Services of Mexico, are also interested in joining.