capital · May 16, 2026
Grupo Cox Closes $4.2 Billion Acquisition of Iberdrola Mexico
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Grupo Cox closed its US$4.2 billion acquisition of Iberdrola Mexico assets on May 14, 2026. Cox secured $2.65 billion in bank financing from Citi, Barclays, BBVA, Deutsche Bank, Goldman Sachs, Scotiabank, and Santander. The deal followed the July 2025 signing and included capital from Allianz Global Investors, Gramercy, and GMO. DLA Piper advised Grupo Cox on the closing of the US$4.2 billion acquisition of Iberdrola Mexico.
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