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Enrique Riquelme: Cox is going to triple the investment in the new plan to 10 billion.

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Enrique Riquelme: Cox is going to triple the investment in the new plan to 10 billion.

Enrique Riquelme, founder of Cox, discusses the company's current state and future plans. Cox has recently completed the purchase of Iberdrola's assets in Mexico for $4,000 million, a historic and transformative operation for the company. Riquelme states that the company's headquarters will remain in Spain, specifically in Sevilla, and that a new operational office has been established in Panama to manage Latin American operations.

Cox plans to invest over $10,000 million in the next five years, with $4,000 million allocated to Mexico and a similar amount to the rest of Latin America. The company is also considering opening up its capital to new investors in Mexico.

Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at expansion.com →

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