• The agreement marks the first step in a joint partnership that will help fund Cox’s growth in the region.

• CAF grants Cox a $30 million loan  to boost water, power and transmission line  projects in Latin America and the Caribbean.

• With a five-year horizon, the agreement consolidates Cox and CAF’s joint sustainable investment strategy in the region.

• The funding will be directed mainly towards projects that strengthen access to water and energy, as well as security of supply in the region .

• The signing of the agreement comes after reaching investment grade, consolidating the company’s commitment to ESG and sustainability criteria. 

Madrid, July 02, 2025. Cox, a water and energy utility, strengthens its financial structure through a corporate loan of 30 million dollars granted by CAF (Andean Development Corporation), a multilateral development bank specialized in Latin America and the Caribbean. 

The five-year financing reflects CAF’s confidence in Cox’s strategic plan and business model, and will accelerate the execution of water, power and transmission line projects in key markets in the region. The agreement marks the first step in a joint partnership that will help fund Cox’s growth in the region 

 With this operation, Cox consolidates its strategy in priority markets, focusing on providing water and energy to areas with limited electricity coverage, guaranteeing supply stability and promoting the sustainable development of local communities in CAF member countries.  

 Enrique Riquelme, Executive Chairman of Cox, stressed that “CAF’s confidence is an endorsement of our roadmap to consolidate a strategic presence in Latin America and the Caribbean, a priority region for Cox. We are grateful for CAF’s support for a growth model that is committed to sustainable, resilient and innovative solutions for access to water and energy, as well as promoting the sustainable development of local communities.” 

 For his part, Antonio Silveira, CAF’s Vice President of the Private Sector, remarked that “the agreement represents a concrete step in CAF’s commitment to support the private sector as a driver of productive transformation, social inclusion and decarbonization. The alliance with Cox is aligned with the bank’s strategy of promoting investments with high positive environmental impact, generation of green jobs and strengthening sustainable energy chains in countries such as Mexico, Colombia, the Dominican Republic and Central America, among others.”  

 The signing of the agreement comes after reaching investment grade, consolidating the company’s commitment to ESG and sustainability criteria.