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M&A / Property

Revolve Expands Mexico Distributed Generation Business with New Partnership

REVV · Price

Executive Summary

  • Revolve Renewable Power Corp. signed a partnership agreement with an experienced EPC firm in Mexico to develop and build a portfolio of distributed‑generation solar projects totaling >5 MW.
  • The joint venture will be owned 70 % by Revolve and 30 % by the EPC partner, with economic benefits shared on a pro‑rata basis after Revolve’s required rate of return is met.
  • The partnership aligns with Revolve’s strategy to expand its Mexican distributed‑generation asset base amid a 32 % market growth in 2024, positioning the company for additional revenue‑generating projects.

Key Details

  • Partnership Agreement Date: October 8, 2025.
  • EPC Partner Experience: Developed >50 MW of distributed‑generation solar projects prior to this agreement.
  • Target Projects: Two initial portfolios with a combined capacity of >5 MW of commercial/industrial solar generation in Mexico.
  • Ownership Structure: Revolve – 70 %; EPC Partner – 30 %. Economic upside shared pro‑rata after meeting Revolve’s required rate of return.
  • Roles & Contributions:
  • EPC Partner – originates, develops, and constructs the projects; provides construction services.
  • Revolve – supplies project financing, owns, operates the assets, and manages long‑term power purchase agreements (PPAs).
  • Strategic Rationale: Accelerate development of distributed‑generation pipeline, capture growing demand from data centers, industrial onshoring, and electrification in Mexico.
  • Market Context: Mexican DG market grew 32 % in 2024 to 4.4 GW, driven primarily by solar installations (BNamericas).
  • Future Outlook: Revolve will provide financial forecasts once definitive PPAs are signed; projects expected to be owned and operated by Revolve under long‑term contracts.

Notable Quotes

“This is a watershed partnership for Revolve as we join forces with a new partner to advance this portfolio of distributed generation projects in Mexico,” – Omar Bojorquez, COO
“We are confident this partnership will result in additional distributed generation opportunities for Revolve fueled by increasing electricity demand growth from data centers, electrification and industrial onshoring.” – Omar Bojorquez, COO

Read the original news release →

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