US EditionShorter Turbines and Longer Blades: Iberdrola Asks for Changes to Halve Footprint of Gigawatt-Scale Wind Farm
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Cox, a company specialized in renewable energies, would have submitted to Iberdrola an offer of 4 billion euros to acquire the assets it maintains in Mexico, according to information released by the Spanish media El Confidencial.According to sources close to the negotiations, Enrique Riquelme, president of Cox, would have already lifted the debt necessary to carry out this transaction.The Spanish media indicated that the negotiations between Cox…
The Spanish company specialized in renewable energy and water, Cox Energy, presented an offer of approximately 4 billion dollars to acquire the Mexican assets of Iberdrola, according to the newspaper El Confidencial citing sources close to the process. The negotiations have taken place over the last few months, after Iberdrola announced its intention to leave the Mexican market due to concerns about the legal and fiscal stability of the country.…
The Spanish group of renewable energies and water Cox has presented an offer to acquire the assets of Iberdrola in Mexico for about 4,000 million euros (approximately 4,690 million dollars), according to information published by the Spanish digital newspaper El Confidencial. The operation includes the acquisition of 15 renewable energy plants — wind, photovoltaic and combined cycles — that Iberdrola still maintains in the country, a process in w…
Mexico seeks €305 million from Iberdrola for damage to 13 combined cycle plants sold to Mexico Infrastructure Partners in 2024
The Corner Banco Sabadell | According to press reports, the president of Mexico is claiming more than $357 million (€305 million) from Iberdrola for damage to the thirteen combined cycle plants that Iberdrola sold to the state-owned entity Mexico Infrastructure Partners in 2024. Assessment: Regardless of how this lawsuit ends, the amount is low for a company of Iberdrola’s size (0.3% of market capitalisation), so we do not see any material impac…
Consenso del Mercado Banco Sabadell According to the press, the president of Mexico claims to Iberdrola more than 357 M dollars (305 M euros) for damages in the thirteen plants of combined cycle that Iberdrola sold to the state entity Mexico Infrastructure Partners in 2024. Rating: Regardless of how this lawsuit ends, the amount is low for the size of Iberdrola (0.3% of the capitalization) so we do not see material impact on the market.
The Spanish group of renewable energy and water COX is interested in acquiring the operations and infrastructure that Iberdrola will leave in Mexico and whose value would amount to about 4 billion euros (4.68 billion dollars), according to the Iberian daily El Confidencial. If the negotiation takes place, Iberdrola would make the announcement next week, transcended to the middle. In a note published this morning, Madrid time, Enrique Riquelme, p…
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