Grupo Mexico completed Saavi deal: 70 percent stake shapes Grupo Mexico stock

Published on 10/15/2026 at 10:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Saavi closed on September 8 with Grupo Mexico taking 70 percent. Grupo Mexico stock stood at EUR 11.64 in Berlin trading on October 15, 2026.

Energy expansion before earnings

Grupo Mexico completed the Saavi transaction on September 8, 2026, securing majority control.
The combined platform has installed capacity of 4,510 megawatts in the second half of 2026.
MarketBeat estimates the next earnings announcement for October 20, 2026.
Grupo Mexico stock stood at EUR 11.64 at 10:00 a.m. CEST at Lang & Schwarz on October 15, 2026.

FEMSA, MXP370841019, Illustration mit AI erstellt.

Grupo Mexico (ISIN MXP370841019) completed the Saavi Energia transaction on September 8, 2026, taking a 70 percent stake in a combined power-generation platform, according to Legal Desire. Grupo Mexico stock stood at EUR 11.64 at Lang & Schwarz on October 15, 2026 at 10:00 a.m. CEST.

Saavi adds 4,510 megawatts

The deal combines Grupo Mexico's infrastructure assets with Saavi Energia and other power-generation assets linked to Global Infrastructure Partners. The resulting platform has 14 facilities and 4,510 megawatts of installed capacity, while its development pipeline totals 5,000 megawatts, Apartado Mex reported on September 19, 2026.

What did the latest quarter show?

Grupo Mexico reported second-quarter 2026 revenue of USD 5.72 billion and net income of USD 2.20 billion. Compared with the second quarter of 2025, revenue increased 35.0 percent and net income increased 78.5 percent, according to Frontier Investment. Operating cash flow reached USD 3.65 billion in the quarter, up 188.0 percent from USD 1.27 billion a year earlier.

Three dates shape the timeline

On April 27, 2026, Grupo Mexico and Global Infrastructure Partners announced the combination. On June 30, 2026, Grupo Mexico ended the second quarter with USD 5.72 billion in revenue. On September 8, 2026, the transaction closed with Grupo Mexico holding 70 percent, according to Apartado Mex.

When are earnings due?

MarketBeat estimates October 20, 2026 as the next earnings announcement date. Its consensus points to quarterly revenue of USD 5.95 billion and earnings per share of USD 0.2257.

Stock price and valuation

Grupo Mexico has a market capitalization of MXN 1.9 trillion as of October 14, 2026. Its BMV-listed Class B shares had a 52-week range of MXN 139.28 to MXN 246.54, while the latest quoted MXN price was MXN 241.15.

For investors, the Saavi transaction broadens the group's exposure beyond mining while the second-quarter figures show the importance of metal prices and volumes to near-term earnings. The stock was trading at EUR 11.64 at Lang & Schwarz on October 15, 2026 at 10:00 a.m. CEST.