November 15, 2022
Credit Suisse has supplied financing for Saavi Energía to acquire the Tierra Mojada power plant in Mexico, according to its legal adviser.
Saavi, a Mexico City-based power generation company owned by US infrastructure investment firm Global Infrastructure Partners (GIP), announced last week that it had agreed to buy the 874 MW natural gas-fired plant in the state of Jalisco from Fisterra Energy, a division of US investment manager Blackstone.
Saavi and Credit Suisse singed a letter of credit on
Swiss bank provides financing for GIP's Saavi to buy Tierra Mojada from Blackstone's Fisterra