CAF and Cox accelerate energy transition in Latin America and the Caribbean with USD 30 million in green financing

The financing, with a five-year term, reflects CAF's confidence in Cox's strategic plan and business model, and will accelerate the execution of water, energy and transmission line projects in key markets in the region.

With this operation, Cox consolidates its strategy in priority markets, focusing on providing water and energy to areas with limited electricity coverage, guaranteeing the stability of supply and promoting the sustainable development of local communities in CAF member countries.

Enrique Riquelme, Executive President of CoxEnrique Riquelme, executive president of Cox, emphasized that "CAF's confidence is an endorsement of our roadmap to consolidate a strategic presence in Latin America and the Caribbean, a priority region for Cox. We appreciate CAF's support for a growth model that is committed to sustainable, resilient and innovative solutions for access to water and energy, in addition to promoting the sustainable development of local communities".

For his part, Antonio Silveira, Vice President of CAF's Private Sector, remarked that "the agreement represents a concrete step in CAF's commitment to support the private sector as a driver of productive transformation, social inclusion and decarbonization. The alliance with Cox is aligned with the bank's strategy of promoting investments with a high positive environmental impact, generating green jobs and strengthening sustainable energy chains in countries such as Mexico, Colombia, Dominican Republic and Central America, among others".

About Cox

Cox is a vertically integrated water and energy utility that applies innovative technology solutions for sustainable development. It is a global leader in the conservation and efficient management of water resources, specializing in desalination, reuse and water treatment technologies, as well as a major player in the generation and transmission of green energy, with a presence in the Americas, Europe, Africa and the Middle East. The company has been listed on the Spanish stock exchanges since November 15, 2024.