Cox, a global integrated water and energy utility, has successfully completed the acquisition of Iberdrola México, culminating a strategic and transformational operation that marks a milestone in the group’s evolution, while accelerating its growth in a key market.
The transaction was executed in line with the announcement made to the market in July 2025, reflecting Cox’s ability to approach operations of this scale with rigor and discipline.
With this acquisition, valued at $4 billion, Cox incorporates a platform of high-quality assets with a solid operational track record, a top-tier customer base, and high revenue stability, as a large part of the activity will be backed by recurring income. These are consolidated businesses with high cash-generation capacity, significantly strengthening the group’s profile.
The operation fully aligns with Cox’s strategy. It reinforces its presence in Mexico, a priority market for the company where it has been operat
