Cox completes US$4 billion acquisition of Iberdrola México

Cox has completed a US$4 billion acquisition of Iberdrola México. The deal adds 2,600 MW of operating capacity and a renewable development pipeline of around 12,000 MW to its portfolio, making Cox the largest private electricity supplier in Mexico. The acquired portfolio includes combined-cycle, co-generation, wind, and solar assets across multiple Mexican states.

Source: PV Magazine LATAM