Iberdrola agreed to sell 13 power plants to a fund at a price of $6 billion. The plants, said the president, will be operated by the state company Compañía Federal de Electricidad (CFE) The 2013 energy reform, which opened the market to private companies for the first time in 70 years, is the raison d'être of Morena, the political party that López Obrador founded.

The politician managed to mobilize thousands who opposed hydrocarbon and renewable resources being exploited by private parties.