Madrid, October 15, 2026. Cox has been recognized by LatinFinance with the “Infrastructure Deal of the Year: Mexico” award for financing the acquisition of Iberdrola Mexico, one of the company’s most significant corporate transactions and a milestone in its transformation into a global integrated water and energy utility. The award is part of LatinFinance’s Project & Infrastructure Finance Awards 2026, organized by the publication specializing in financial markets and economies across Latin America and the Caribbean. Nacho Moreno, CEO of Cox, accepted the award in New York during the publication’s annual awards ceremony.

LatinFinance recognized the $3.5 billion financing structure associated with the acquisition, a transaction that has enabled Cox to significantly expand its scale, strengthen its position in Mexico, and consolidate an asset platform offering high revenue visibility and strong cash generation.

“This recognition highlights Cox’s ability to execute a transformational transaction with a financing structure tailored to the scale and quality of the assets acquired. The response from international banks and investors throughout the process demonstrates their confidence in the company, the transaction, and our long-term growth strategy,” said Nacho Moreno, CEO of Cox.

The acquisition financing combined $850 million in equity with $2.65 billion in bank financing. Following the closing, Cox moved swiftly to secure long-term refinancing through a $2 billion 144A/Reg S bond issuance, which attracted demand of nearly $8 billion and drew participation from more than 200 institutional investors, alongside term bank financing to complete the structure.

Cox completed the acquisition of Iberdrola Mexico last April. The transaction brought into the Group a platform with more than 2,600 MW of operating installed capacity, as well as Mexico’s largest private electricity supplier, with a market share of more than 25%, and a portfolio of approximately 12,000 MW of power generation projects at various stages of development.

The integration of these assets strengthens Mexico’s position as one of Cox’s key markets and increases the contribution of recurring-revenue businesses to the Group. The company’s strategy remains focused on investing in essential water and energy infrastructure in markets with strong structural demand, while maintaining strict financial discipline.