Spain's Cox considers buying Iberdrola's Mexican assets, CEO says
"What I can tell you is that it's true they are running a process to sell their Mexican business," Moreno said in an interview.
"It's true that that business is absolutely amazing. And it's true that we're looking into that business as much as we are looking into some other businesses."
Moreno added that Cox regarded Mexico as "one of our strategic regions".
Iberdrola controls six wind parks and three solar parks in Mexico, according to its website, as well as other power plants including gas and cogeneration.
Earlier this week, Spanish newspaper El Confidencial reported that Cox had put forward an offer worth around 4 billion euros ($4.62 billion) for the Mexican assets.
Iberdrola did not immediately reply to a request for comment on Wednesday.
Executive Chairman Ignacio Sanchez Galan last week said reports of a possible sale were rumours and declined to comment during the presentation of the company results and 5 billion euro capital increase.
In 2023, Iberdrola agreed to sell $6 billion worth of assets in Mexico - mostly gas-fired power plants - and is focusing on building and upgrading power grids in countries including Britain and the United States.
($1 = 0.8656 euros)
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