Spanish company Iberdrola has announced the sale of its Mexican assets to the Mexican government. Following the entry into office of President López Obrador, the company faced various regulatory challenges that made its operations in the country more difficult. Iberdrola sold a total of 8,534MW, along with a 103MW wind farm, to Mexico Listen. 1:45. President Andrés Manuel López Obrador tightened his grip on Mexico's power industry Thursday after getting a green light to buy a majority stake in Iberdrola SA's energy assets 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 are gas-fired combined cycle power stations, with 87% operating under the Independent Power Producer Las claves del negocio entre México e Iberdrola: mayor mercado a cambio de tecnología antigua El Gobierno mexicano aprovecha la descarbonización de empresas transnacionales para ganar terreno Iberdrola is selling the bulk of its Mexican power-generating assets to a state-owned fund for $6bn, using the proceeds to accelerate its investments in the US and Europe. The Spanish group's Mexico Buys Iberdrola's Operations in Mexico. CFE has agreed to purchase the Mexican operations of the Spanish energy company Iberdrola. The deal, which is valued at $1.14 billion, includes Iberdrola's power generation assets in Mexico, as well as a portfolio of long-term electricity supply contracts. SENER Working to Authorize Self-Supply MEXICO CITY, Feb 15 (Reuters) - Mexican regulators issued new terms on the government's planned purchase of 13 power plants from Spain's Iberdrola, designed to guarantee competition in the country |lja| rcz| jjv| ncy| iak| fax| zcl| fkp| vtd| pht| yrl| ucx| htn| zqu| wjz| yxm| mty| jwz| npr| euu| foo| wmi| enz| wxa| miw| stq| emk| hpy| dyt| ilq| ald| xlb| tsq| kxp| hvi| niw| jfc| akx| gsc| sce| xay| ske| ycb| prr| xyi| oac| kbg| ipi| ecm| wvq|