
Cox makes $4.7 billion offer for Iberdrola’s Mexican assets, El Confidencial says
(Reuters) -Spanish renewable energy and water company Cox has submitted an offer to take over Iberdrola’s assets in Mexico worth around 4 billion euros ($4.69 billion), newspaper El Confidencial said on Monday, citing unnamed sources close to the process. Spanish utility Iberdrola hired investment bank Barclays to sell 15 renewable power plants in Mexico as…