# Valia Energía acquires EVM Energía with 950 MW of gas-fired plants

Valia Energía, a portfolio company of Actis, acquired EVM Energía, adding two natural gas-fired power plants (850 MW combined cycle and 100 MW simple cycle) in Mexico, and purchased GE Energy Financial Services' 40% stake in EVM II.

- Type: Acquisition
- Announced: 2023-07-18
- Where: State of Mexico, Tamaulipas, Coahuila, Mexico
- Status: announced
- Capacity: 950 MW (850 MW combined cycle + 100 MW simple cycle)
- Products: natural gas-fired power generation
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [GE Energy Financial Services](https://endata.com/companies/25514.md) (partner)
- [Actis](https://endata.com/companies/27319.md) (investor)
- [Valia Energía](https://endata.com/companies/67935.md) (acquirer)
- [EVM Energía](https://endata.com/companies/67936.md) (target)

## Sources

- [milbank.com](https://www.milbank.com/en/news/milbank-advises-valia-energia-a-portfolio-company-of-actis-on-acquisition-of-evm-energia-evm.html), 2023-07-18: "This transaction consolidates Valia's platform, with seven natural gas-fired generation plants with a total installed capacity of 3.2 GW located in the states of Tamaulipas, Coahuila and Estado de México along with an adjacent natural gas pipeline."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.