---
title: "DLA Piper Advises Grupo Cox on the Closing of the Company’s US$4.2 Billion Acquisition of Iberdrola Mexico"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286455391.md"
description: "DLA Piper has advised Grupo Cox on the successful closing of its US$4.2 billion acquisition of Iberdrola's assets in Mexico, marking a significant cross-border transaction in the energy sector. The deal includes a generation platform with 2,600 MW capacity and a pipeline of renewable projects. Cox secured US$2.65 billion in bank financing from top financial institutions, supplemented by capital from institutional investors. DLA Piper's team, comprising over 75 attorneys, supported Cox in various aspects of the transaction, highlighting Mexico's strategic role in energy investments."
datetime: "2026-05-14T18:40:46.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286455391.md)
  - [en](https://longbridge.com/en/news/286455391.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286455391.md)
---

# DLA Piper Advises Grupo Cox on the Closing of the Company’s US$4.2 Billion Acquisition of Iberdrola Mexico

DLA Piper recently assisted Grupo Cox in the acquisition of Iberdrola’s Mexico assets for a staggering US$4.2 billion, making it one of the most prominent cross-border transactions in the energy sector for 2025. This Spanish multinational water and energy company closed the deal according to the terms, timeline, and structure that were initially disclosed to the public in July, when the agreement was first signed between Cox and Iberdrola. This significant transaction also includes a generation platform.

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