Iberdrola Completes Mexico Exit
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7 Articles
Cox buys Iberdrola Mexico for $4 billion
Cox has acquired Iberdrola México for $4 billion, adding 2,600 MW of capacity and becoming Mexico’s largest private power supplier with a 12 GW renewable project pipeline.From pv magazine Mexico Cox has completed the acquisition of Iberdrola México for $4 billion, a deal first announced in July 2025. The transaction adds 2,600 MW of operational installed capacity to the group, making Cox the largest private electricity supplier in Mexico and exp…
Reading time approx.: 1 minutes, 17 secondsThe Spanish group Cox ABG Group concluded on April 24, 2026 the acquisition of 100 percent of Iberdrola Mexico, thus terminating an operation announced in July 2025 and marking a decisive step in its expansion in the region's energy market. According to information from the company, the closure took place after all the suspensive conditions agreed between the parties were met. According to the informati…
Cox, an 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 was announced to the market in July 2025, "reflecting Cox's …
Cox ABG Group completed the acquisition of Iberdrola Mexico on April 24, 2026. The operation, announced in July 2025, reinforces the group's energy expansion in Latin America.
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