Cox buys Iberdrola Mexico for $4.2bn, sets Mexico investment target at $10.7bn for 2025-2030

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 31.Jul.2025, Words: 477) — Cox Energy, involved globally in water and energy management, announced the acquisition of Iberdrola Mexico for $4.2bn.

The agreed purchase price implies a 6.5x multiple over the estimated 2025 EBITDA, according to Cox.