Cox

Our history

Cox has become one of the global leaders across the water and energy sectors, the two major areas where it focuses its activity.

Received the “El Periódico de la Energía” award for the Best Self-Consumption Initiative for the rooftop photovoltaic plant on the intermodal logistics platform at the Port of Barcelona.

Start of commercial operation of the Taweelah desalination plant in Abu Dhabi, the largest desalination plant in the world built to date.

Adif awarded Coxabengoa a new contract for the Madrid-Barcelona French border high-speed rail line.

Launch of the 2023-2027 Strategic Plan for Grupo Coxabengoa.

Cox Energy signed the notarial acquisition of the productive assets of Abengoa, to become a renewed company that integrates the capabilities of Abengoa and Cox Energy into a single entity: Coxabengoa.

Cox Energy started trading on BME Growth: dual listing.

Cox Energy América announced a strategic alliance with NG Energy for the development of renewable energy projects in Colombia.

Sale of 619 MWp through Ibox Energy to CTG: China Three Gorges.

Cox Energy Colombia received authorization to market and supply energy to wholesale customers.

Cox Energy and Grupo Nexwell (former executives of Sonnedix) created Ibox Energy. The company is 60% owned by Grupo Nexwell and 40% by Cox Energy.

The joint venture between Sonnedix and Cox Energy obtained a $120 million financing for a 160 MW project in Chile: Meseta de Los Andes.

Company restructuring: Cox Energy América (formerly Cox Energy México) integrated Chilean, Panamanian, Mexican companies, and other related rights, patents, licenses, and trademarks.

During the Covid-19 pandemic, Cox Energy started trading on the Institutional Stock Exchange of Mexico (BIVA), becoming the first solar photovoltaic energy company to go public in Latin America.

An orderly process began for the sale of non-strategic assets in Chile and Mexico.

Cox Energy sold 30% of its stake in the Chilean company SPV P4 (acquired in 2017).

Entered into a 450 GWh per year photovoltaic agreement, forming a joint venture with Sonnedix.

Cox Energy México entered into a contract with Nexus Energía to market electricity and represent generation plants in the wholesale electricity market of the country.

Cox Energy won another tender in Chile for a total of 140 GWh per year over 20 years.

Cox Energy entered into a strategic agreement with Sonnedix (JP Morgan Asset Management) for the development, construction, and operation of various photovoltaic plants in Chile.

In Mexico, Cox Energy obtained permission from the CRE (Energy Regulatory Commission) to sell energy to qualified users (those whose contracted power exceeds 1 MWp).

Cox Energy won the largest renewable energy tender launched by the Chilean government and was awarded 264 GWh per year.

Cox Energy acquired an electricity retailer and launched Cox Energía Comercializadora España to sell 100% renewable energy to the residential and business sectors, as well as photovoltaic self-consumption installations.

Cox Energy México, S.A. de C.V. was created, which later changed its corporate name to Cox Energy América, S.A.B. de C.V., and began operations in Latin America.

Cox Energy entered into an exclusive contract with NRG (an energy company operating in the United States and Canada) for the development of photovoltaic projects in Latin America.

Cox Energy Solar was established in Madrid, later becoming the holding company of Grupo Cox Energy (Cox Energy Solar + American and European subsidiaries), with the contribution of the projects developed by its President and founder, Enrique Riquelme, since 2012.

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

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.