The Dark Side of Energy Deals: A Cautionary Tale from Iberdrola Mexico The recent news that Cox ABG Group SA took a 54% bridge loan to fund its $4.
2 billion acquisition of Iberdrola's Mexican assets has raised concerns in the energy sector. On the surface, it appears as though Cox is attempting to bolster its portfolio through strategic expansion.
However, a closer look reveals a complex web of financial maneuvering that warrants scrutiny. The numbers are impressive: $4. 2 billion is no small sum.