Cox

Cox Invests More Than €20 Million in Andalusia to Develop New Green Hydrogen Energy Communities

  • The rollout integrates local green hydrogen production with its direct use in strategic sectors such as Almería’s agri-food industry and the port and airport logistics hubs in Cádiz.
  • The six municipalities involved, across the provinces of Almería, Cádiz, Huelva and Seville, will become local benchmarks for the production and consumption of green hydrogen.
  • Cox’s initiative is part of the regulatory framework promoted by the Government of Andalusia and supported by the Andalusian Energy Agency through European funding.

 

Madrid, June 23, 2026. Cox, a global water and energy utility, today announced an investment of more than €20 million in Andalusia to develop new Municipal Green Hydrogen Energy Communities, under the regulatory framework established by the Government of Andalusia and the Andalusian Energy Agency through European funds.

The initiative promoted by Cox includes the implementation of three distinct models of municipal green hydrogen energy communities, tailored to the productive and logistical characteristics of each territory. The aim is to generate a direct impact on strategic sectors of the Andalusian economy, from the agri-food industry in Almería—where green hydrogen will help reduce logistics costs and enhance agricultural competitiveness—to the major logistics hubs in Cádiz, including the Port of Algeciras and Jerez Airport, while also supporting local energy consumption in selected municipalities.

In Huércal-Overa and Níjar (Almería), Cox is developing a regional green hydrogen distribution model designed for areas that will remain outside the future hydrogen pipeline network. The project will enable hydrogen to be distributed across the province. It is particularly significant for the agri-food sector, as more than 3,000 trucks transporting fruit and vegetables currently operate in the province every day. The gradual introduction of green hydrogen is expected to reduce fuel costs by around 5%, strengthening the competitiveness of Almería’s agricultural sector while contributing to a more sustainable logistics model.

Meanwhile, in Jerez de la Frontera and Algeciras (Cádiz), green hydrogen production is linked to strategic transport and logistics infrastructure, specifically the Port of Algeciras and Jerez Airport. This model will support emissions reductions in industrial activities and mobility associated with critical infrastructure.

Finally, in the municipalities of Moguer (Huelva) and Utrera (Seville), the projects are focused on local energy consumption, enabling greater energy self-sufficiency and positioning these municipalities as local leaders in the production and use of green hydrogen across Europe.

Low-Impact Infrastructure

The facilities have been designed to minimize land use while integrating seamlessly into their surroundings. Each energy community will combine a solar power plant and a green hydrogen production facility on a site of less than 2,000 square metres, facilitating both deployment and replication.

These Municipal Green Hydrogen Energy Communities form part of the Citizen Energy Community (CEC) model that Cox is rolling out across Spain. This model enables municipalities to reduce their electricity bills by between 30% and 65% while representing a significant step forward in their evolution into smart cities.

The CEC model includes centralized energy management through a control centre, solar self-consumption, the electrification of municipal vehicle fleets, the promotion of sustainable transport solutions, digitalized waste management and the modernization of public lighting. On the energy side, it also incorporates smart grids, energy storage systems and advanced monitoring and efficiency solutions, supporting the development of intelligent urban environments.

Green Hydrogen as a Strategic Pillar

With this investment, Cox further strengthens its commitment to green hydrogen as one of the key pillars of the energy transition. Fabián Pérez, General Manager of Cox Clientes, said: “Green hydrogen is essential to decarbonizing sectors that are difficult to electrify, such as heavy transport, port and airport logistics, and certain industrial activities.” He added: “The model we are developing in Andalusia combines local renewable generation, hydrogen production and intelligent energy management to create decentralized energy ecosystems that provide greater stability, competitiveness and energy autonomy for local communities.”

Economic and Social Impact

In addition to its energy benefits, the projects will drive local job creation and stimulate economic activity in the participating municipalities. They also include social impact programmes featuring specialized training and educational outreach initiatives designed to raise awareness and understanding of green hydrogen and the energy transition among local communities.

 

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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.: 50.612.744  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.