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Cox / Cox receives the Sustainable Development Award at the Econom...

Cox receives the Sustainable Development Award at the Economist Awards gala

  • This award from top economists is yet another example of Cox’s financial strength and exemplary commitment to sustainability.

 

The College of Economists of Alicante (Spain), which each year recognizes those outstanding personalities from the economic, business and institutional world who have actively contributed to the development of the economy and innovation in the province of Alicante and in Spain, has awarded Cox the Sustainable Development Award for its global leadership in desalination technology and renewable energies. Enrique Riquelme, Executive Chairman of Cox, oversaw collecting the award at the III Edition of the Economist Awards Gala. The ceremony took place on March 26, at the Teatro Principal in Alicante. 

Cox’s commitment to renewable energies and business sustainability was key to the Alicante Association of Economists and the distinction that has earned us this award. At Cox, we take on challenges to deliver value wherever it is present, and this award is a testament to the positive impact that desalination and renewable energy technologies have on society and the environment. 

For Cox, this award from top economists is yet another sign of the financial strength and economic stability that Cox has today, while encouraging us to continue moving in the same direction, towards sustainable prosperity. 

Our CEO said that at Cox, sustainable development permeates its entire business structure. “Sustainable development is not just renewable energy, but it entails something much deeper. To be sustainable, you also have to be financially sustainable, because environmental or social sustainability could not exist without economic sustainability.” And he added: “Receiving the recognition from the College of Economists of Alicante is an honor for us and a sign that we are moving in the right direction”. 

Cox is a water and energy utility that sees opportunities where others only see barriers, so our commitment to sustainability and significant contribution to the development of technologies that help preserve the environment go much further. This award underscores the importance of innovation and environmental responsibility in business, values that Cox demonstrates every day in its projects and operations. 

Along with Cox, the gala also awarded other personalities and entities for their outstanding contribution to economic and social growth, such as the Spanish Association Against Cancer (AECC), among others. 

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Luis Arizaga Zárate

Independent Director

Member of the Audit Committee

Date of appointment: September 17, 2024

Shareholding in Cox Abg Group, S.A.: 11,514 shares

Partner of Exus Management Partners (Exus) and GenuX Power, a global renewable energy platform with offices in nine countries, managing 11GW of installed capacity, including 2.6GW in Mexico between wind and solar energy projects. Holds a Master of Business Administration (MBA) from the Leonard N. Stern School of Business at NYU in New York, and a bachelors degree in Accounting and Finance from ITESM in Mexico.

Prior to joining EXUS in 2019, he founded EIRA Capital, an investment platform focused on Energy and Infrastructure transactions in Mexico, and Latin America. He was also part of Australia’s Macquarie Group in Latin America, where he spent more than 7 years in the Macquarie Capital and Macquarie Funds divisions, working on fund capital raising, equity investments, asset management activities, as well as third party advisory roles on energy and infrastructure transactions in Mexico and Latin America. During his years at Macquarie, he also held board positions in the several investments made by Macquarie which covered energy, public private partnerships, roads, and telecom companies. In addition, his previous involvement at financial institutions include positions in the investment banking teams of Deutsche Bank’s M&A group in New York, and Citibank’s M&A group in Mexico.

Other former relevant positions include his role as independent member of the investment committee of the Instituto del Fondo Nacional de la Vivienda para los Trabajadores (Mexican mortgages and housing government agency).

Enrique Riquelme Vives

Presidente Ejecutivo

Fecha de nombramiento: 17 de septiembre de 2024

Participación en el capital social de Cox Abg Group, S.A.: 50.601.230 acciones

COX

Presidente Ejecutivo de Cox, tras iniciar su andadura profesional en el sector inmobiliario y de la construcción, en 2010 fundó Grupo El Sol en Panamá, especializado en operaciones de minería, cemento, infraestructuras y energía. Con el tiempo, la empresa se convertiría en el mayor proveedor de arena de la UTE responsable de la ampliación del canal de Panamá. Posteriormente, pasó a liderar las fases de oferta y desarrollo de Rainbow 50: el proyecto fotovoltaico de mayor envergadura ejecutado en América Latina hasta aquel momento.

Ha recibido varios galardones por su contribución al mundo empresarial en España, entre ellos el Premio del Certamen Nacional de Jóvenes Emprendedores 2018. También ha sido distinguido como uno de los «100 latinos más influyentes comprometidos con la acción climática» y uno de los «100 españoles más creativos del mundo de los negocios» según la revista Forbes. Actualmente, es miembro del Consejo Internacional de la San Telmo Business School y preside el Consejo Asesor de la Fundación Scholas para Panamá, Centroamérica y Caribe.