Actis buys InterGen's Mexican portfolio for over $1.2 bln

Actis has acquired InterGen’s Mexican portfolio of businesses for $1.256 billion. The portfolio will rebrand as Saavi Energia. BofA Merrill Lynch and Barclays Capital provided financial advice to InterGen on the deal while Scotia Capital did likewise for Actis. InterGen is owned by the Ontario Teachers’ Pension Plan and China Huaneng Group/Guangdong Yudean Group.

DealsNorth AmericaUSBriefs