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Xignux, S.A. de C.V. announces the extension of its joint venture agreement with General Electric Company.

May 1, 2020

After obtaining the regulatory approvals required, Xignux has signed the closing agreements of the transaction through which it extends the joint venture agreement it has with GE, through its subsidiaries Prolec, S.A. de C.V. and Prolec, LLC. This joint venture, through the subsidiary companies in Mexico, Brazil and United States, shall continue participating in the segment of manufacture and commercialization of transformers and other related products.

Prolec a 10-10 Company: Infonavit

May 15, 2019

The Mexico National Workers Housing Institute Fund (INFONAVIT) gave Prolec, a leading company in electrical energy transformation and delivery, the “Ten-Ten Company” award, for being a company that looks after its workers by paying its contributions and amortizations fully and promptly over more than 10 continuous two month periods and not having any outstanding INFONAVIT debts.