Nov 21 (Reuters) - Swiss private equity firm Partners Group PGHN.S said on Friday it and its affiliates would for now retain a majority stake in Esentia Energy Development ESENTIAI.MX after its portfolio company began trading on the Mexican stock exchange this week.
Assuming the option to purchase additional shares is not exercised, funds affiliated with or advised by affiliates of Partners Group will hold about 70% of Esentia's issued and outstanding common stock, Partners Group said in a statement.
Shares of the energy company rose by as much as 10% from its IPO price following its market debut on Thursday, which raised more than $600 million, according to BBVA Mexico.
(Reporting by Marleen Kaesebier in Gdansk
Editing by Dave Graham)
((marleen.kaesebier@thomsonreuters.com;))