Spanish Cox Prepares a Multimillion Dollar Investment Plan Focused on Mexico
3 Articles
3 Articles
Executive President Enrique Riquelme himself invests 140,003 euros to get 13,541 Cox titles takes a big leap by buying the Iberdrola business in Mexico for 3,675 million euros
Enrique Riquelme Vives, president of the Cox company, learned after Christmas that a group of market investors were looking for a minority partner to acquire Iberdrola's assets in Mexico. After seeing the potential, he and his team made an offer for the majority package, even an effort for 100% that ended on July 31, 2025 with an operation valued at $4.2 billion.In an interview with Bloomberg Línea, the entrepreneur details that although he comp…
The operation with Iberdrola included 15 power plants with 2.6 gigawatt capacity and a renewable 11.8 gigawatt project portfolio
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