Cox secures financing to complete the acquisition of Iberdrola México
The company has obtained USD 2.65 billion in syndicated bank financing from seven leading international lenders, confirming its capacity to close the transaction on schedule.
The company has obtained USD 2.65 billion in syndicated bank financing from seven leading international lenders, confirming its capacity to close the transaction on schedule.
The execution deadline for the funds expires in summer 2026, putting the grants at risk if measures are not taken to speed up processing. Next Generation EU funds are key to promoting self-consumption and making it accessible to citizens and businesses.
The Chinese manufacturer is betting on a new generation of solar modules with higher efficiency and durability. According to Andrés Casallas, Lead Manager for the Andean region, the strategy will prioritise technology development and expansion in Peru as a key growth market by 2026.
The Spanish renewable energy company agreed to divest a 49% stake in a 1.3 GW solar portfolio in the United States, two wind farms in Mexico totaling 321 MW, and completed the sale of a wind project in Peru as part of its asset rotation strategy.
In just two months, a consortium of four partners successfully installed and commissioned a 500 kW electrolyzer and an advanced water treatment and recovery system at Viscofan’s plant in northern Spain, marking a major milestone for green hydrogen integration in industrial processes.