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Grupo Cox acquires Iberdrola's assets in Mexico

PRIVATEAug 02, 2025

Acquiring Company

Grupo Cox

Acquired Company

Iberdrola

SpainAvangridEnergyWaterEnergyRenewable EnergySolarRenewables & Environment

Description

Grupo Cox has successfully acquired Iberdrola's assets in Mexico for $4.2 billion, marking one of the largest cross-border transactions in the energy sector this year. DLA Piper provided legal advisory services throughout this historic acquisition. This strategic move enhances Grupo Cox's position in the energy market and supports its growth initiatives in the region.

Quick answer

Grupo Cox is acquiring Iberdrola, announced August 3, 2025. Grupo Cox is based in Spain.

How much did Grupo Cox pay for Iberdrola?
The deal value was not disclosed.
What does Grupo Cox do?
Grupo Cox is a leading multinational company in the water and energy sector.
Where are Grupo Cox and Iberdrola based?
Grupo Cox is based in Spain. Iberdrola is based in Avangrid.

Source: Fundz verified event record.

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Company Information

Company

Grupo Cox

Location

Spain

About

Grupo Cox is a leading multinational company in the water and energy sector. The company specializes in providing innovative solutions for efficient resource management. With a strong presence in various countries, it focuses on sustainable development and technological advancements. Grupo Cox is committed to transforming the energy landscape and enhancing water services globally.

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Frequently asked

Who acquired Iberdrola?

Iberdrola was acquired by Grupo Cox, based in Spain. The deal was reported on August 2, 2025. Grupo Cox is a leading multinational company in the water and energy sector. The company specializes in providing innovative solutions for efficient resource management. Grupo Cox is privately held and operates in Energy.

When did Grupo Cox acquire Iberdrola?

Grupo Cox's acquisition of Iberdrola was reported on August 2, 2025. Grupo Cox has successfully acquired Iberdrola's assets in Mexico for $4.2 billion, marking one of the largest cross-border transactions in the energy sector this year. DLA Piper provided legal advisory services throughout this historic acquisition. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Iberdrola do?

Iberdrola, Europe’s largest electricity utility by market capitalization and one of the world's top three electricity companies, is a leader in renewables, spearheading the energy transition to a low carbon economy. It is privately held, operating in Energy, and is based in Avangrid.

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