Finance

Grupo Mexico to Merge Power Unit With BlackRock-Backed Saavi

Mexican mining and railroad conglomerate Grupo Mexico has struck a deal to merge its electricity generation operations with a BlackRock Inc. unit, creating one of the country’s biggest private power operators.

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Bloomberg
April 27, 2026·1 min read
Grupo Mexico to Merge Power Unit With BlackRock-Backed Saavi

Image: Bloomberg

Mexican mining and railroad conglomerate Grupo Mexico has struck a deal to merge its electricity generation operations with a BlackRock Inc. unit, creating one of the country’s biggest private power operators.

Original article

Grupo Mexico to Merge Power Unit With BlackRock-Backed Saavi

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