Grupo México is a Mexican conglomerate and one of the world's largest integrated copper producers, with additional operations in rail, infrastructure, and energy. Its energy division operates combined-cycle gas plants and wind farms through subsidiary CIEM, and is merging these assets with BlackRock-backed Saavi Energía to create Mexico's largest private power generation platform, with Grupo México retaining a 70% stake and operational control.
“Private equity is actively consolidating energy assets (Cleco Group acquisition, Saavi Energia merger with Grupo Mexico's electricity unit).”
Source→“Private equity is actively consolidating energy assets (Cleco Group acquisition, Saavi Energia merger with Grupo Mexico's electricity unit)”
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