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Announced

Completed

SPIC completed the acquisition of Zuma Energia.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Renewable Energy Equipment

Completed

Friendly

independent power producer

Majority

Cross Border

Private

Single Bidder

Acquisition

Mexico

Private Equity

Synopsis

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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.

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