US EditionClaudia Sheinbaum Claims that Iberdrola's Departure From Mexico Is Due to "a Business Decision"
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10 Articles
The president of Mexico, Claudia Sheinbaum, said that the departure of the Spanish woman Iberdrola from the country was because of "a business decision."
Iberdrola has announced the sale of its businesses in Mexico for $4.17 billion to help finance its $55 billion network investment plan until 2031, he announced last week. “The focus is moving firmly towards the United Kingdom and the United States, leaving Spain aside. It is a bold measure that could boost the stability of long-term cash flows,” explains Pierre-Alexandre Ramondenc, an analyst at Alphavalue, who has in Iberdrola a recommendation …
La entrada #EconomiaSocial De la sociedad con Córdoba Montoya a la venta de sus plantas, Iberdrola leaves Mexico se publicada primero en Julio Astillero.
The departure from Mexico by the Spanish energy company Iberdrola is due “simplely to the fact that they have decided to make a very large investment in other countries. In Europe particularly they won a competition and have decided to direct most of their investments to this process,” said President Claudia Sheinbaum Pardo. In her conference [...] The Iberdrola post leaves Mexico but investments arrive from the Spanish Cox: Sheinbaum appeared f…
The Secretariat of Energy (SENER) gave its recognition to the Spanish company COX for concluding one of the most significant operations in the Mexican energy sector of recent years: the acquisition of assets of Iberdrola for an estimated value of 4 billion dollars. “UNNER recognizes and welcomes the interest of Spanish COX to participate in the Mexican energy sector, and the announcement of strategic investments for more than 10 billion dollars …
Reading time approx.: 1 minutes, 18 secondsDuring La Mañanera del Pueblo, President Claudia Sheinbaum addressed directly the reasons behind the departure of Iberdrola from the country; far from attributing the decision to conflicts with the Mexican government or regulatory environment, the president said that Spanish energy chose to redirect its investment strategy towards Europe. "I spoke personally with the directors of Iberdrola. They made th…
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