Iberdrolathe largest European electricity, hired Banco Barclays to sell 15 renewable energy plants in Mexico in order to leave the country, the Spanish news website reported Wednesday The confidentialciting anonymous sources close to the operation.
Iberdrola assets are valued at about 4,000 million euros (4,700 million dollars), he said The confidentialadding that electricity seeks to sell against concern for legal stability and prosecutor of the country.
Iberdrola has already sold 55% of its assets in the country for 6,000 million dollars in 2024, which the Mexican government described at the time as a “New nationalization” of the electric market.
The agreement was largely designed to give the Federal Electricity Commission (CFE) The majority control of the local electricity market.
Iberdrola did not want to comment, while Barclays did not immediately respond to a request for comments.
