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