A US counterparty
Power Management International, Inc., Tampa, Florida, since 2001: contracts and governance familiar to US and international investors.
The investment case
Why energy infrastructure in Latin America, why now, and why through PMI
- Global demand
- +3.6%a year in electricity, 2026–2030 (IEA)
- Data centers
- 950 TWhin 2030, double 2025 (IEA)
- Emerging economies
- ~80%of new demand to 2030 (IEA)
- Mexico–US
- #1US trading partner, 16.8% of goods trade (US Census)
Electricity demand is growing faster than the grids and plants that serve it, and most of that growth is in emerging economies, where capital is scarcer. For an investor, that gap is the opportunity: essential assets with long-term contracts, in markets where knowing how to structure and build makes the difference.
The asset class
Large-scale energy, energy infrastructure, data centers and countries’ critical infrastructure01
An essential service
Industry, data centers and cities consume power whatever the economic cycle. A plant that supplies it is paid for its output, not for a fashion.
02
Contracted cash flows
Energy contracts of 48 to 180 months, and mixed schemes of up to 30 years in Mexico, with a defined counterparty and rate.
03
Structural demand
Electrification, nearshoring, data centers and AI add load that stays for decades.
04
High barriers to entry
Permits, interconnection, engineering and operations favor those with a track record and a team on the ground.
Why now
Demand is growing faster than supply
Official figures+3.6%
Global electricity demand, a year
Average annual growth forecast for 2026–2030. IEA, Electricity 2026.
485 → 950
TWh used by data centers
Roughly doubling from 2025 to 2030; AI-focused data centers triple their consumption. IEA, Key Questions on Energy and AI, 2026.
+50%
Grid investment needed
Annual grid investment has to rise by about half by 2030, from USD 400 billion today. IEA, Electricity 2026.
Why Latin America
Where demand grows and capital is scarcestEmerging economies account for nearly 80% of the additional electricity consumption expected to 2030 (IEA, Electricity 2026). Yet capital reaches them at a much higher cost: nominal financing costs up to seven times higher than in the United States and Europe, and clean energy investment that needs to grow more than sevenfold, to above USD 1 trillion a year, by the end of the decade (IEA, Financing Clean Energy Transitions in Emerging and Developing Economies, 2021).
That gap rewards those who reduce risk with structure: a project in its own SPV, a creditworthy offtaker, a payment trust and a builder with a track record.
The opportunity, in one line
Where demand grows fastest and capital is scarcest, a well-structured project can earn more per unit of risk.
Mexico, first
The market where the group has built and operated since 200916.8%
of US goods trade
Mexico is the top US trading partner, January–August 2026. US Census Bureau.
2.5%
annual consumption growth
Gross electricity consumption, 2025–2039, planning scenario. SENER, DOF Oct 17, 2025.
~4 of 5
pesos for new generation, mixed or private
Of the 794 billion pesos for generation in the plan presented on Oct 7, 2026, about 652 billion would come from mixed projects or private capital.
30years
maximum term of a mixed scheme
With CFE holding at least 54%. Electricity Sector Law, art. 40; Regulations, art. 73.
Mexico’s electricity demand will grow 41% by 2039
Gross electricity consumption, index 2025 = 100, at the planning scenario’s 2.5% a year.
Takeaway
Growth of 2.5% a year compounds to 41% over 14 years. Generation has to keep pace, and not all of it can wait for the grid.
That is the space for on-site generation under long-term contracts.
SENER, Electricity Sector Development Plan, DOF Oct 17, 2025.
In a mixed scheme, private capital can reach 46%, with terms of up to 30 years
Minimum public-partner stake in mixed-development generation projects.
Takeaway
The law opens the door to private capital as the State’s minority partner, with a public counterparty and an infrastructure horizon.
Electricity Sector Law, art. 40 (DOF Mar 18, 2025); Regulations, art. 73 (DOF Oct 3, 2025).
Why through PMI
A US company with Latin roots, and its own builders
The bridge between international capital and assets in operationLatin roots since 1983
Work executed in the United States, Mexico, Brazil and the Bahamas; offices in Mexico City, Querétaro and León; a team that works in both languages.
Builders on the ground
GIS Power and GTO Energy develop, obtain permits, build and operate within the group. Power plants operating in Mexico since 2009.
A track record to check
USD 500 M+ in critical infrastructure, 13 mission-critical facilities and 56+ MW of cogeneration developed in Mexico.
01Intelligence
02Origination
03Structuring
04Capital
05Construction
06Operation
The bridge: how capital reaches the asset
- Capital from US and international investors
- PMI structures the project and its SPV
- GIS Power or GTO Energy build and operate
- Asset in operation under long-term contracts
- Cash flow returns to investors through the trust
The risks, said plainly
And how each project addresses them- Regulatory change. Rules change; contracts and permits are structured under the framework in force and documented for due diligence.
- Construction. Delays and overruns are covered with single-point EPC, bonds, equipment guarantees and an independent engineer.
- Offtaker credit. Payments go into a trust that serves debt first; the counterparty is assessed before close.
- Currency. Exchange-rate exposure is assessed in each structure, and the currency of each contract is part of the term sheet.
- 1One SPV per projectRisk ring-fenced in each asset.
- 2Payment trustThe user pays into a trust that serves debt first.
- 3EPC bonds and guaranteesContractor and equipment answer for delivery and performance.
- 4Construction and operation insurancePolicies cover physical damage and lost revenue.
- 5Independent engineerA third party reviews design, progress and start-up.
PMI Energy Brief summarizes public information and links to each source. It is not investment, legal or tax advice, nor an offer to buy or sell securities.
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For funds and investors: a USD 1.5 B identified energy portfolio in the Americas, 15 projects in their own SPVs with long-term contracts. Teaser under NDA.
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One SPV per project, BOOT and BOO schemes, long-term energy contracts and a bankable package for equity and project debt. How PMI structures energy projects.
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