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The energy firm adds 2,600 MW of installed power and the largest private supplier in the Aztec country, integrating more than 800 professionals.
The company Iberdrola informed the National Securities Market Commission of Spain that it concluded the sale of 100 percent of Iberdrola Mexico to the corporate Cox for an amount of 4 billion dollars.Cox president Enrique Riquelme pointed out that this operation is part of the vision of President Claudia Sheinbaum and her government to turn energy and water into authentic state policies at the service of inclusive and sustainable development for…
Iberdrola culminates the sale of its business in Mexico to Cox
The departure of Iberdrola from Mexico is already a fact. Spanish energy has just closed the sale of 100% of its subsidiary in the country to Cox Asset Mexico for 3,643 million euros, equivalent to about 4 billion dollars. With this transaction, the company puts an end to its historical presence in the Mexican market. The operation was completed after complying with regulatory and contractual conditions. Likewise, after consolidating its departu…
Cox, integrated global utility of water and energy, has successfully completed the acquisition of Iberdrola Mexico, culminating in a strategic and transformational operation that represents a milestone in the evolution of the Group, in addition to accelerating its growth in a key market for it.According to the company this Friday, the transaction has been executed in line with what has been announced to the market in July 2025, "reflecting Cox's…
The Spanish energy company Iberdrola has definitively closed its exit from the Mexican market after completing the sale of its business in the country to the Cox group for an amount close to 4 billion dollars (about 3.4 billion euros), according to the company this Friday. The operation, which has had all the necessary regulatory approvals, involves the transfer of an installed capacity of approximately 2,600 megawatts (MW), including both conve…
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