Iberdrola Sells Mexico Assets to Cox ABG Group

August 12, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--On July 31, the Iberdrola S.A. (Bilbao, Spain) announced the signing of a purchase and sale agreement with Cox ABG Group S.A. (Seville, Spain) for the transfer of all its electricity generation assets in Mexico. The operation would involve the acquisition by Cox of Iberdrola México SA de CV for US$4.2 billion, and its completion depends on the approval of Mexican regulatory entities such as the National Energy Commission and the National Antitrust Commission, as well as the shareholders' meetings of both companies.