Spain's Cox buys Iberdrola's Mexican assets in $4.2 billion deal
31/07/2025 17:34
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. (Reporting by Pietro Lombardi; Editing by Kirsten Donovan) ((Pietro.Lombardi@thomsonreuters.com;))