Grupo Mexico closes Saavi deal as Grupo Mexico stock trades at EUR 11.44

Published on 10/08/2026 at 16:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Saavi's platform spans 4.50 GW and gives Grupo Mexico a 70 percent stake. Grupo Mexico stock costs EUR 11.44 on October 8, 2026 after EUR 11.50.

Key points in brief

Grupo Mexico completed the Saavi Energia transaction on September 8, 2026, taking a 70 percent stake in the power platform.
Second-quarter 2026 revenue reached USD 5.72 billion, up 35.00 percent from USD 4.24 billion a year earlier.
The Lang & Schwarz quote was EUR 11.44 on October 8, 2026, down 0.52 percent from the EUR 11.50 prior close.

FEMSA, MXP370841019, Illustration mit AI erstellt.

Grupo Mexico stock (ISIN MXP370841019) was trading at EUR 11.44 at Lang & Schwarz on October 8, 2026 at 4:34 p.m. CEST, down 0.52 percent versus the EUR 11.50 prior close. The company had completed its Saavi Energia transaction on September 8, 2026, creating a power platform with 4.50 GW of combined capacity, according to PR Newswire.

Saavi adds 4.50 GW capacity

Grupo Mexico owns 70 percent of Saavi Energia after the closing, while Global Infrastructure Partners owns the remaining 30 percent. The combined platform includes power plants, mobile generation and gas compression assets, giving the infrastructure division a larger role alongside mining and transportation.

The transaction broadens the earnings mix, but the stock remains closely tied to metals. In the first quarter of 2026, copper production fell 2.80 percent to 258,138 tonnes even as revenue increased 32.70 percent to USD 5.57 billion, according to Frontier.

What did quarterly growth deliver?

Second-quarter 2026 revenue reached USD 5.72 billion, up 35.00 percent from USD 4.24 billion in the second quarter of 2025. Net profit rose to USD 2.20 billion from USD 1.23 billion, a 78.50 percent increase, while operating cash flow climbed to USD 3.65 billion from USD 1.27 billion, according to Frontier. The comparison points to substantial cash generation, but the production decline makes commodity prices an important part of the result.

Three milestones shape the story

On April 24, 2026, Grupo Mexico declared a cash dividend of MXN 1.65 per share. On April 28, 2026, first-quarter revenue reached USD 5.57 billion, up 32.70 percent year over year. On September 8, 2026, the Saavi transaction closed with a 70 percent Grupo Mexico stake and 4.50 GW of capacity, according to PR Newswire and Frontier.

Upcoming reporting date

Yahoo Finance lists October 20, 2026 as the estimated earnings date for the next report, with second-quarter 2026 revenue at USD 5.72 billion and earnings at USD 2.09 billion, according to Yahoo Finance.

Stock remains below the BMV high

Grupo Mexico's BMV quote was MXN 232.55 on October 8, 2026, compared with a 52-week high of MXN 239.73 and a 52-week low of MXN 139.00. Its market capitalization stood at MXN 1.8 trillion on the same date. The separate euro quote at Lang & Schwarz was EUR 11.44 at 4:34 p.m. CEST, down 0.52 percent from the EUR 11.50 prior close. The further course of trading is shown by the continuously updated real-time quote of Grupo Mexico stock.