SPIC completed the acquisition of Zuma Energia.

China’s State Power Investment completed the acquisition of Zuma Energia, a Mexican independent power producer. Financial terms were not disclosed. SPIC’s acquisition represents the company’s commitment and support for clean and renewable energy generation, as well as confidence in the Mexican economy. SPIC chairman Qian Zhimin added that Zuma will contribute to the operational development and investment in the countries in the region.