Gemex
Grupo GEMEX is a privately held Mexican diversified group operating across energy, infrastructure, finance, and mobility through seven subsidiaries, serving industrial, commercial, and institutional clients across nine states with renewable generation, energy supply, asset management, private credit, and EV charging.
- Company typePrivate
- Founded2008
- HeadquartersMexico City, Mexico
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Gemex does
Grupo GEMEX (legal name Grupo Energía México S.A. de C.V.) is a privately held Mexican diversified business group founded in 2008, operating across four strategic sectors—energy, infrastructure, finance, and mobility—through seven subsidiary companies. The group is headquartered in Mexico and serves industrial, commercial, and institutional clients across nine Mexican states, covering approximately 38% of the country's population. Its core activities span renewable energy generation and operations, energy supply and gas trading, infrastructure investment and asset management, construction supervision, environmental and social management, private credit, and ultra-fast electric vehicle charging. Cumulative impact metrics include 5.22 million tons of CO2 avoided since inception.
The company's renewable energy arm, GEMEX Energía, develops and operates 271 MW of owned wind capacity alongside a 979 MW solar pipeline. Through its 2017 joint venture with Factor Energía (Luxem Energía), the group has supplied more than 12 TWh of electricity and gas and currently serves over 270 MW of demand. EXUS México, formed in 2020 as a joint venture with EXUS Partners, manages an additional 2,205 MW of third-party renewable assets, bringing total operational capacity under GEMEX influence to 2,476 MW. BEEL Infrastructure Partners, founded in 2019, deploys private credit into Latin American real-asset projects, with over $600 million in assets under management and a track record of 120+ structured financings with zero defaults. INVER México provides construction supervision services, and Marcol delivers environmental and social management consulting.
In 2023, GEMEX entered electric mobility through Fazt, an ultra-fast EV charging business that reached 240 charging points by 2025 and is targeting 5,000 points nationally by 2030, supported by a strategic distribution alliance with Soriana and its 800+ retail locations. The 2025 acquisition of the San Quintín SPV for the Kenton Desalination project extends the group into the water-energy nexus. The revenue model combines long-term renewable energy PPAs, asset management fees on multi-gigawatt managed capacity, energy supply margins on multi-terawatt-hour volumes, private credit interest and fees on $600M+ of AUM, construction supervision contracts, environmental consulting engagements, and EV charging service revenue.
Gemex firmographics
Firmographics- Name
- Gemex
- Legal name
- Grupo Energía México S.A. de C.V.
- Website
- https://gemex.mx
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Grupo GEMEX is a privately held Mexican diversified group operating across energy, infrastructure, finance, and mobility through seven subsidiaries, serving industrial, commercial, and institutional clients across nine states with renewable generation, energy supply, asset management, private credit, and EV charging.
- Ownership category
- akta.pro rank
Gemex industry classification
Industry- Product category
- Renewable Energy & Infrastructure
- NAICS
- Electric Power Generation, Transmission and Distribution (2211), Corporate, Subsidiary, and Regional Managing Offices (551114)
- SIC
- Electric, Gas & Sanitary Services (4900)
- akta.pro primary industry
- Wind Turbines & Nacelle Prime Movers (IMAHAFAE)
- akta.pro secondary industries
- Energy & Renewables Specialty Contracting (Solar PV, Storage, EV Charging) (IMAFALAJ), Wind Balance-of-Plant EPC (Crane Pads, Turbine Foundations, Internal Roads) (EUAEADAI)
Keywords
Where Gemex is headquartered
LocationHeadquarters
- HQ city
- Mexico City
- HQ country
- Mexico
- HQ region
- Latin America
Offices1 record
Markets served
Gemex business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Technology or R&D, Supply Chain, Marketing or Sales
Revenue model
- Renewable Energy Development & Operations: Development, construction, and operation of utility-scale wind and solar farms. Revenue from energy generation sales through PPAs and spot market. Portfolio includes 271 MW operational wind capacity and 979 MW solar under development.
- Energy Supply (Luxem Energía): Electricity and natural gas commercialization for B2B clients. Joint venture with Factor Energía. Over 12+ TWh supplied since 2017 with 270+ MW contracted capacity. Revenue from energy supply contracts with commercial and industrial customers.
- Infrastructure Finance (BEEL Infrastructure): Private credit and alternative asset management for real infrastructure. Over $600 MUSD in assets under management, 120+ structured financings. Revenue from management fees and performance fees on infrastructure debt investments.
- Asset Management (EXUS México): Joint venture with EXUS Partners for investment and asset management in renewable energy. Managing 5 wind farms and 6 photovoltaic plants totaling 2,205 MW. Revenue from asset management fees.
- EV Charging Infrastructure (Fazt): Ultra-fast electric vehicle charging network. Revenue model based on charging service fees to EV owners. Strategic partnership with Soriana for access to 800+ locations. Target of 5,000 charging points by 2030.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Gemex product offering
Product offeringCore offering
Grupo GEMEX is a diversified Mexican business group that develops, constructs, and operates utility-scale wind and solar farms; supplies electricity and natural gas to B2B clients; provides private credit and asset management for real infrastructure projects; and is building an ultra-fast electric vehicle charging network across Mexico. Its 7 subsidiaries operate across renewable energy generation, energy supply, infrastructure finance, construction supervision, environmental management, and electric mobility, collectively managing 2,476 MW of renewable capacity and $600+ MUSD in infrastructure assets under management.
Product overview
Grupo GEMEX operates as a diversified business group with a portfolio of 7 independent subsidiary companies spanning renewable energy development and operations (GEMEX Energía), asset management (EXUS México), energy supply (Luxem Energía), construction supervision (INVER México), environmental management (Marcol), infrastructure finance (BEEL Infrastructure), and electric mobility (Fazt). The group functions as a platform of integrated business units that share synergies and financial strength while maintaining operational autonomy. The portfolio encompasses 2,476+ MW of renewable energy capacity, 12+ TWh of energy supplied, $600+ MUSD in assets under management, and an expanding ultra-fast EV charging network.
Differentiator
Problem solved
Functional benefit
Products and services
- GEMEX Energía Renewable energy development and operations subsidiary focused on wind and solar farms in Mexico. Manages 271 MW of wind energy across 4 farms and 979 MW solar portfolio under development.
- EXUS México Joint venture between GEMEX and EXUS Partners for investment and asset management in renewable energy, specializing in wind and photovoltaic technologies with 28 professionals managing 5 wind farms and 6 photovoltaic plants.
- Luxem Energía Joint venture between GEMEX and Factor Energía focused on electricity and natural gas supply for B2B clients in Mexico, with 270+ MW and 12+ TWh supplied since 2017.
- INVER México Construction supervision services for renewable energy projects, including supervision of 5 wind farms such as Fenicias with 168 MW, and distributed generation projects.
- Marcol Environmental and social management services including Environmental Impact Assessments, Technical Justification Studies, Unified Technical Documents, forest management, wildlife monitoring, and IFC standard reports.
- BEEL Infrastructure Partners Private credit and alternative asset management focused on real infrastructure in Mexico and Latin America, with $600+ MUSD in assets under management and 120+ structured financings.
- Fazt Ultra-fast electric vehicle charging infrastructure in Latin America, with 240 charge points in 2025, expansion planned to 1,276 in 2026 and 5,000 by 2030, leveraging Soriana's 800+ potential locations.
Quantifiable outcome
- 5,220,000 tCO₂ avoided equivalent to ~2,088,000 Mexican households for one year
- +3 more outcomes
Companies that use Gemex
Customer profileNamed customers1 record
Segments4 records
Ideal customer profiles4 records
Gemex technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Gemex partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered flagship, core and minor.
- SorianaflagshipStrategic alliance for co-creation of Fazt EV charging network. Soriana provides access to 800+ retail locations for ultra-fast EV charging infrastructure deployment. Target of 5,000 charging points by 2030.
- EXUS PartnerscoreJoint venture (EXUS México) for investment and asset management in renewable energy across Mexico. EXUS brings European expertise in wind and photovoltaic asset management.
- Factor EnergíacoreJoint venture (Luxem Energía) for electricity and natural gas supply for Mexican businesses. Combines GEMEX's market presence with Factor's supply expertise.
- Siemens GamesacoreTechnology partner for wind turbine supply and maintenance. Partner in renewable energy project development.
- VestascoreWind turbine technology provider. 27 Vestas 2 MW turbines installed at El Porvenir wind farm (54 MW).
- General ElectriccoreTechnology partner for renewable energy equipment and solutions.
- FIATminorAutomotive manufacturer partnership for EV charging network development.
Scale indicators9 records
Recent moves9 records
Expansion highlights5 records
Gemex competitors and assessment
Company assessmentDirect peers
- Enel Green Power México: Italian multinational renewable energy developer with operating wind and solar projects in Mexico. Directly comparable to GEMEX Energía in project development, ownership, and operation across Mexican wind and solar.
- Factor Energía: Spanish independent electricity and gas supplier for B2B clients and GEMEX's joint venture partner in Luxem Energía. Directly comparable B2B energy supply model, commercial customer focus, and use of renewable PPAs to serve C&I load in Mexico.
- Acciona Energía: Spanish global renewable energy developer and operator with significant wind and solar operations in Mexico. Closely comparable to GEMEX Energía in wind farm development, operation, and PPA origination within the Mexican market.
- Sempra Infraestructura: Mexican energy infrastructure company operating natural gas pipelines, renewables, and emerging EV charging under the Sempra umbrella. Directly overlaps with GEMEX in renewable generation and EV charging (Fazt), with a similar Mexican energy infrastructure focus.
- Zuma Energía: Mexican independent power producer developing and operating utility-scale wind and solar projects in Mexico. Directly comparable to GEMEX Energía's owned wind portfolio and renewable development pipeline, with similar PPA-driven business model and Mexican market focus.
Regional players
- Vista Energy: Mexican-listed energy company primarily in upstream oil and gas with expanding renewable energy operations in Mexico. Comparable Mexican market exposure and infrastructure orientation, though with different core verticals and asset base.
Broad incumbents
- Engie México: Multinational low-carbon energy and services company with significant Mexican renewable generation and energy supply operations. Competes directly with both GEMEX Energía (renewable generation) and Luxem Energía (B2B energy supply) as a diversified incumbent.
- Iberdrola México: Global renewable energy leader with substantial Mexican wind and solar generation operations. Competes with GEMEX Energía in the Mexican renewable market as a larger, established multinational player with broader geographic and technology portfolio.
- Comisión Federal de Electricidad (CFE): Mexican state-owned electric utility dominating generation, transmission, and distribution nationally. Both a competitor (state-backed entrant in generation and supply) and a counterparty (grid access, PPA off-taker) shaping the regulatory and market environment for GEMEX.
Emerging players
- Falck Renewables: Italy-headquartered renewable energy developer and asset manager (now part of Eni Plenitude) with wind, solar, and storage operations internationally. Comparable to GEMEX/EXUS in wind/solar development and asset management; also a listed GEMEX partner.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Gemex social profiles
Digital presenceGemex financial estimates
Financial estimateRevenue estimate
Valuation estimate
Gemex leadership team
Management profileNumber of profiles
Gemex subsidiaries and ownership
Company hierarchySubsidiaries7 records
Gemex funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Gemex M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Gemex
What does Gemex do?
Grupo GEMEX is a diversified Mexican business group that develops, constructs, and operates utility-scale wind and solar farms; supplies electricity and natural gas to B2B clients; provides private credit and asset management for real infrastructure projects; and is building an ultra-fast electric vehicle charging network across Mexico. Its 7 subsidiaries operate across renewable energy generation, energy supply, infrastructure finance, construction supervision, environmental management, and electric mobility, collectively managing 2,476 MW of renewable capacity and $600+ MUSD in infrastructure assets under management.
Is Gemex a public or private company?
Gemex is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Gemex founded?
Gemex was founded in 2008. It employs 251 to 500 people.
Where is Gemex based?
Gemex is headquartered in Mexico City, Mexico, in the Latin America region.
How does Gemex make money?
Five revenue lines are on record. Renewable Energy Development & Operations are the primary driver. The others are energy Supply (Luxem Energía), infrastructure Finance (BEEL Infrastructure), asset Management (EXUS México) and EV Charging Infrastructure (Fazt).
Who are Gemex's main competitors?
Direct peers on record are Enel Green Power México, Factor Energía, Acciona Energía, Sempra Infraestructura and Zuma Energía. Vista Energy is listed as a regional player. Broad incumbents are Engie México, Iberdrola México and Comisión Federal de Electricidad (CFE). Falck Renewables is listed as an emerging player.
Does Gemex have an API?
No public API is recorded for Gemex.
What industry is Gemex in?
Gemex's product category is Renewable Energy & Infrastructure. Its primary akta.pro industry code is IMAHAFAE, Wind Turbines & Nacelle Prime Movers, with a secondary code of IMAFALAJ, Energy & Renewables Specialty Contracting (Solar PV, Storage, EV Charging). Its NAICS code is 2211 and its SIC code is 4900.