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July 28, 2025
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Spanish Cox presents an offer for Iberdrola assets in Mexico

Spanish Cox presents an offer for Iberdrola assets in Mexico

The Spanish renewable and water company company Cox has presented an offer to get the Iberdrola assets in Mexico worth 4,000 million euros (about 4,690 million dollars), the newspaper reported Monday The confidentialwhich bases your information on anonymous sources close to the process.

The Spanish electric Iberdrola to the investment bank Barclays To sell 15 renewable energy plants in Mexico, while seeking to leave the country for concerns about legal and fiscal stability in the country, he reported The confidential last week.

Iberdrola already sold 55% of its assets in the country to the Mexican State for 6,000 million dollars in 2024, what the Mexican government He described at the time as a “new nationalization” of the electric market.

Iberdrola and Cox, present in Mexico, did not respond immediately to requests for comments.



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