iberdrola It survived 80% of its extinction in Mexico on Tuesday. With this, he got rid of most of the headaches in the country he commanded. Andres Manuel Lopez Obradormarked by regulatory issues associated with these assets, and also accelerate its growth in other economies. The operation is worth around 5,500 million euros ($6,000 million), but that figure could change when the deal is closed, it’s scheduled for the end of this year and it will make sense. This is “significant” added value for 2023.
“This deal gives us New short-term opportunities to accelerate growth in Europe and the United Statesbut we are determined Mexico and BrazilThe group’s financial director, José Sáinz, explained in a meeting with analysts that when asked about the US, “at some point” the company would review its renewables plan in that country.
During the conference, most analysts congratulations to the company The majority of the 8,436 megawatts (MW) saved, about 7,000, are part of government concessions that begin to expire from 2027. seamless with the Mexican government and that is a very important element in this agreement. Also, we believe that we are entering a new phase relations with the government. “This changes our relationship with the Mexican government for the better from now on and gives us opportunities in this country.”
The financial manager of the Spanish power company explained that this does not mean some kind of power outage. future purchase commitment, but a “memorandum of understanding” was signed between the government and the company to maintain relations. “We told the Mexican authorities: We will be happy to invest in Mexico after this deal, but we don’t have no special deal about it,” he added.
At this point, they urged themselves from Iberdrola to “wait to see what happens”. new mexican government policies on renewable energy.” “The Mexican government has said it wants to invest in renewable energy. I think there is a good opportunity Mexicanclose to the United States where they are trying to change China via Mexico. We know there are important plans to develop industries in Mexico and it needs energy, so we will be happy to start investing there. “But we will wait to see what the Mexican government’s new policy is,” he said.