Cox to invest $2.9 billion in El Salvador in water and energy infrastructure
The alliance includes the development of energy storage projects, solar photovoltaic generation, natural gas, water and sanitation.
Cox, a Spanish utility company led by Enrique Riquelme, has signed an agreement with the Government of El Salvador to invest $2.9 billion (approximately €2.6 billion) in developing and modernizing the country's strategic water and energy infrastructure over the next three years. The investment will focus on four key areas: battery energy storage, solar photovoltaic generation, natural gas infrastructure, and a water and sanitation plan.
This partnership marks a significant step in Cox's growth strategy in Latin America, reinforcing its integrated model of developing, financing, and operating critical water and energy infrastructure. The projects are expected to enhance energy security, increase renewable energy presence, and improve water and sanitation services in El Salvador.
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.
