Radar > 224948

Iberdrola wants to double investment in Mexico

Iberdrola quiere duplicar su inversión en México

Intel ID : 224948
Synopsis

Ignacio Sanchez Galan, president of Spain-based power company Iberdrola (BME: IBE), announced the company plans to double its investment in Mexico over the next 10 years, reaching approximately USD 10bn, as reported by newspaper Expansión in an article published on 7 May 2015.

At World Economic Forum on Latin America, Ignacio Sánchez Galán confirmed the investment needs a stable legal and regulatory framework, and the goal is to develop electrical infrastructure.
(content in spanish)

El presidente de la compañía eléctrica española Iberdrola (BME: IBE), Ignacio Sánchez Galán, ha anunciado que la firma tiene previsto duplicar sus inversiones en México en los próximos 10 años, situándose en USD 10.000m aproximadamente, según ha informado Expansión en un artículo del 7 de mayo de 2015.

En el marco del Foro Económico Mundial sobre América Latina, Ignacio Sánchez Galán ha confirmado que las inversiones, que estarán destinadas al desarrollo de infraestructuras eléctricas, necesitan un marco legal y regulatorio estable.

Bidder


Intel ID 224948
Value EUR 8.845,64m
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - Iberdrola
(31 Dec 2021)
Revenue: EUR 39.740,00m
EBITDA: EUR 11.637,00m
Net Debt: EUR 54.439,00m
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Wind (Primary)
Energy and Renewable Energies / Solar
Energy and Renewable Energies / Biomass
Primary Sector (TTRSC)
20.04.09 Wind Power
20 Energy & Utilities / 20.04 Renewable Energy

Secondary Sectors (TTRSC)
20.04.05 Hydrogen
20 Energy & Utilities / 20.04 Renewable Energy

20.04.08 Solar Power
20 Energy & Utilities / 20.04 Renewable Energy

Country
Website
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.