Spain's Cox buys Iberdrola's Mexican assets in $4.2 billion deal
ReutersJul 31, 2025 4:34 PM
MADRID, July 31 (Reuters) - Spanish water and renewable energy company Cox COXGA.MC has agreed to buy Iberdrola's IBE.MC assets in Mexico in a deal valuing the business at $4.2 billion, Iberdrola said on Thursday.
Iberdrola controls six wind parks and three solar parks in Mexico, according to its website, as well as other power plants including gas and cogeneration.
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