Cox invertirá 2.900 millones de dólares en El Salvador en infraestructuras de agua y energía

Cox, a Spanish utility company led by Enrique Riquelme, has announced a $2.9 billion investment in El Salvador over the next three years to develop and modernize critical water and energy infrastructure in the country. The agreement with the Salvadoran government is part of Cox's strategy for growth in Latin America and aims to strengthen their position as an integrated company capable of developing, financing, building, operating, and maintaining key water and energy projects.

The investment will focus on four strategic alliances: battery energy storage, solar photovoltaic generation, natural gas infrastructure, and a water and sanitation plan. Cox plans to contribute to increasing energy security, expanding renewable energy sources, and improving the quality and coverage of water and sanitation services in El Salvador. The Salvadoran government is expected to be a partner in the energy sector.

Cox will structure the financing of the projects through project finance schemes involving international financial entities, multilateral organizations, and export credit agencies. The company will also be responsible for the development, construction, operation, and maintenance of these projects. The implementation of these initiatives is scheduled to take place over the next three years. In the coming weeks, Cox is expected to complete the necessary approvals and advance the formalization of specific agreements.