# Grupo Mexico's infrastructure division has signed a definitive agreement to combine its power generation assets with BlackRock-backed Saavi Energia.

*business · news · 2026-04-27 · Devdiscourse*

## Key points

- Grupo Mexico will combine its power generation assets with Saavi Energia under a definitive agreement.
- The merged platform will encompass 14 plants in Mexico totaling 4,510 MW and a 5,000 MW pipeline.
- After the deal, Saavi will be 70% owned by Grupo Mexico and 30% by BlackRock's GIP.
- Transaction closure is expected by Q3 2026, pending regulatory approvals.

**Companies:** Grupo Mexico, Saavi Energia, Global Infrastructure Partners
**Countries:** Mexico

[Read the full story on Devdiscourse](https://www.devdiscourse.com/article/headlines/3888734-grupo-mexico-to-combine-power-generation-assets-with-blackrock-backed-saavi)

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