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- Nexus Energía enters the Mexican electricity market with Cox Energy
Nexus Energía, with presence in Spain, Germany and Portugal is continuing its international expansion by entering the Mexican energy market. An agreement has been signed to acquire 40% of the capital of the energy supplier Cox Energy México Suministrador S.A. de CV.
Following the operation, Cox Energy will hold 60% of the Mexican supplier.
After market liberalization, Cox Energy was one of the first companies to be authorized by the Mexican Energy Regulatory Commission to supply electricity to qualified users whose contracted power exceeds 1 MW.
With this major commitment to the huge Mexican market, both companies are joining forces, experience and capacity to obtain a significant market share in the activity of representing producers in the market, as well as in the marketing of electricity to large customers.