#Mexico

Iberdrola has closed the sale of 55% of its business in Mexico for around $6.2 billion dollars (about €5.8 billion). The transaction includes the sale of 13 generation plants with an installed capacity of 8,539 MW. Around 99% of the plants...

Iberdrola Mexico and Mexico Infrastructure Partners (MIP) signed a binding agreement whereby the trust led and managed by MIP acquires 55% of Iberdrola's gross operating profit (EBITDA) in the country, including the associated contracts and...

The Chairman of Iberdrola, Ignacio Galán, and the President of the Mexican Government, Andrés Manuel López Obrador, met this morning and announced the start of a new phase following the signing of an agreement of intent between subsidiaries of...

This combined cycle power station, located in the state of Baja California, is able to attain a total capacity of 324 MW and operates under the category of Independent Energy Producer.

Iberdrola, through its subsidiary in the North American country, already has three combined cycle plants in Mexico that, along with the other one currently under construction, will have a total installed capacity of 3,434 MW. After the commissioning of this facility, the company will have an installed capacity of more than 10,000 MW and will consolidate its position as the largest private electricity producer in the country.

The company, through its subsidiary Iberdrola México Renovables, has built two new photovoltaic power stations in Mexico: Santiago in San Luis Potosí and Hermosillo in Sonora.