Cox Energy debuts on the Stock Market and becomes the first company to be listed in Spain and Mexico

by time news

2023-07-03 14:12:07

Cox Energy, renewable energy company chaired by Enrique Riquelmehas started its way on the Spanish Stock Market this Monday with an initial price of 1.73 euros.

With the start of the negotiation of its titles, which marked a rise above 18% in the first change, it became the first company to be listed simultaneously on the Spanish and Mexican markets, since its titles are traded from 2022 in the Institutional Stock Exchange of Mexico (BEES).

The president of Cox Energy, Enrique Riquelme, has revealed during the debut of the company in the Spanish parquet that “combining our operations and presence in Latin America and Europe We position ourselves as a reference company in renewable energies, offering the option of investing in two financial markets simultaneously”.

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Cox Energy was incorporated in Mexico in 2015 and together with its subsidiaries forms a Business group with a 100% green approach with an international presence dedicated to the management, development and operation of a portfolio of energy projects from renewable sources, mainly of photovoltaic origin, with a presence in Europe and Latin America.

In fact, Riquelme has stressed that his incorporation into the BME Growth It will make it possible to improve its liquidity, broaden the shareholder base, as well as strengthen the company’s financial structure and support its growth and expansion.

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