BlackRock, Inc.

Stocks

BLK

US09290D1019

Investment Management & Fund Operators

Market Closed - NYSE Other stock markets 04:00:02 2026-06-29 pm EDT			After hours 08:00:00 pm
950.17 ^USD	-1.51%		939.14	-1.16%

Jun. 19	Abu Dhabi's MGX weighs multi-billion deal for data centre operator DayOne, sources say	RE
Jun. 19	Private credit roundup: Private markets face renewed scrutiny over liquidity and valuations	RE

Grupo Mexico to Combine Power-Generation Assets With Saavi Energia

Published on 04/27/2026 at 10:45 am EDT

Dow Jones

BLACKROCK, INC.

-1.51%

GRUPO MÉXICO, S.A.B. DE C.V.

+0.52%

By Anthony Harrup

MEXICO CITY--Mining, railroad and infrastructure company Grupo Mexico said Monday it has agreed to combine its electricity-generation assets with private power producer Saavi Energia.

The operation would create a platform with 14 power stations in Mexico with generation capacity of 4,510 megawatts, as well as a portfolio of growth projects for an additional 5,000 megawatts, Grupo Mexico said in a release.

Following the combination, which the company expects will close in the third quarter, Grupo Mexico would own 70% of Saavi Energia. Global Infrastructure Partners, part of BlackRock, would own the other 30%.

Grupo Mexico said it expects the alliance will lead to a long-term commercial relationship with Global Infrastructure Partners to explore collaboration in the infrastructure sector in Mexico and abroad.

Write to Anthony Harrup at anthony.harrup@wsj.com

(END) Dow Jones Newswires

04-27-26 1044ET

Stocks mentioned in the article

	Add to a list 0 selected To use this feature you must be a member Log in Sign up	Off-Hours Price	Change	5-day change	Capi.
	BLACKROCK, INC.	950.17USD	-1.51%	-9.66%	147B
	GRUPO MÉXICO, S.A.B. DE C.V.	201.18MXN	+0.52%	-4.21%	89.35B

Latest news about BlackRock, Inc.

Jun. 19	Abu Dhabi's MGX weighs multi-billion deal for data centre operator DayOne, sources say	RE
Jun. 19	Private credit roundup: Private markets face renewed scrutiny over liquidity and valuations	RE
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Jun. 18	Financial Shares Fall On Rate Hike Worries -- Financials Roundup	DJ
Jun. 18	Exchange-Traded Funds, US Equities Higher After Midday	MT
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Jun. 17	GNW-Voting Rights: Deutsche Lufthansa AG: Release according to Article 40, Section 1 of the WpHG with the objective of Europe-wide distribution	DP
Jun. 17	Blackrock emerging companies head Dan Whitestone leaves	AN
Jun. 17	Blackrock emerging companies head Dan Whitesone leaves	AN
Jun. 16	A consortium led by William McMorrow, Chairman and Chief Executive Officer, other senior executives of Kennedy Wilson and Fairfax Financial Holdings Limited completed the acquisition of remaining 77.59% stake in Kennedy-Wilson Holdings, Inc. (NYSE:KW) from BlackRock, Inc., The Vanguard Group, Inc., Eldridge Industries LLC, and others.	CI
Jun. 16	BlackRock Launches iShares Bitcoin Premium Income ETF	CI
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Company Profile

BlackRock, Inc. is an investment management company. The Company provides a range of investment management and technology and subscription services to institutional and retail clients. Its diverse platforms of alpha-seeking active, private markets, index and cash management investment strategies across asset classes enable it to tailor investment outcomes and asset allocation solutions for clients. Its product offerings include single- and multi-asset portfolios investing in equities, fixed income, alternatives, and money market instruments. Its products are offered directly and through intermediaries in a range of vehicles, including open-end and closed-end mutual funds, iShares exchange-traded funds, separate accounts, collective investment funds and other pooled investment vehicles. It also offers technology services, including the investment and risk management technology platform, Aladdin, Aladdin Wealth, eFront, and Cachematrix, as well as advisory services and solutions.

Employees

25,400

Sector

Investment Management & Fund Operators

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