MEXICO CITY, MEXICO (By Reuters, 23.Jul.2025, Words: 87) — Europe’s largest utility Iberdrola hired investment bank Barclays to sell 15 renewable power plants in Mexico to exit the country, Spanish news website El Confidencial reported on Wednesday, citing unnamed sources close to the operation.
RELATED: FDI in Mexico reached $45.337bn in 2024, only trailing Brazil in the LatAm region
RELATED: Iberdrola successfully completes the capital increase of €5bn, oversubscribed by 3.8x
Iberdrola’s assets are worth about 4 billion euros ($4.70 billion), El Confidencial said, adding that the utility seeks to sell on concerns about the legal and tax stability in the country.
____________________
