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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.
Valia Energía announced the acquisition of EVM Energía's portfolio, which includes two power generation assets with a combined capacity of 950 MW near Mexico City. The transaction is expected to close in Q2 2023, pending regulatory approval.