page_title: Comisión Federal de Electricidad
section_title: Takeover of Luz y Fuerza del Centro
hierarchical_section_title: Comisión Federal de Electricidad / Takeover of Luz y Fuerza del Centro
context_page_description: The Comisión Federal de Electricidad is the state-owned electric utility of Mexico, widely known as CFE. It is the country's dominant electric company, and the country's second most powerful state-owned company after Pemex. The Mexican constitution states that the government is responsible for the control and development of the national electric industry, and CFE carries out this mission. The company's slogan is "Una empresa de clase mundial".
context_section_description: On 12 October 2009, President Felipe Calderón issued a decree dissolving Luz y Fuerza del Centro (LFC, also rendered on logo as "LyF"), the state-owned power company serving most of central Mexico—including Mexico City, most of the State of Mexico and some communities in the states of Morelos, Hidalgo and Puebla.  The government claimed that spending had outpaced sales due in part to massive featherbedding, and it no longer made sense for the company to stay afloat. According to the government, spending at the company was increasingly outpacing sales  CFE went on to control the national electric system and expand its operations nationwide, while the smaller LFC kept a low profile, maintaining its operations in the central region of Mexico.
  LFC provided electricity to several states where, by virtue of a federal law, CFE had no operations (a 1985 agreement between CFE and LFC increased the areas served by the former).  As of March 2010, LFC's operations have been fully absorbed by CFE.
caption: Logo of Luz y Fuerza del Centro