GIP buys Mexican power firm

GIP buys Mexican power firm

Equity M&A United States Mexico Project & Infrastructure Finance Energy United Kingdom Electricity Gas Funds

The US infrastructure investment firm Global Infrastructure Partners (GIP) announced on Friday that it acquired a 100% stake in the Mexican power producer Saavi Energía from British emerging markets investor Actis. “The acquisition was paid for from the capital managed by GIP for its limited partner investors. No outside capital was contributed,” a source told LatinFinance on Friday without disclosing further details. Saavi, which serves mainly the Mexican power market as well as providing reser

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial