Enrique Riquelme
President and CEO
Cox Energy, a Spanish company of renewable energies, specifically solar photovoltaic, began operations on July 25, 2014. The company’s professional team, led by its President, CEO and Founder, Enrique Riquelme, has extensive, proven experience in the sector, which has positioned it as an important player in its area of activity.
Cox Energy was born in 2014. It is present in Chile, Mexico, Central America & Caribbean, Colombia, Spain and Portugal.
Execute clean and renewable energy projects in different countries in the world, through innovative and profitable production processes, aligned with environmental protection and the development of the communities in which we operate.
Cox Energy, a Spanish company of renewable energies, specifically solar photovoltaic, began operations on July 25, 2014. The company’s professional team, led by its President, CEO and Founder, Enrique Riquelme, has extensive, proven experience in the sector, which has positioned it as an important player in its area of activity.
The company has a pipeline of more than 5,000 MWp, of which approximately 1.300 MWp are supported for the most part by long-term energy supply contracts, both public and private. The rest of MW are found in different stages of development and ready to go to tenders and sign future PPAs.
August 2015, Cox Energy entered Chile’s electric power auction with a total of 152.5 MWp.
April 2016, the renewable energies company bid in Mexico’s first electric power auction together with X-Elio for a total of 187.5 MWp, and on its own with 37.5 MWp more.
August 2016. Cox Energy alone was awarded a twenty-year power generation contract for a total of 264GWh per year, for the sale of electricity to regulated customers in the biggest electric power tender in Chile’s history. The total amount put out was 12,430 GWh per year, approximately 30% of the consumption forecast for the country in the 2020-2040 period.
September 2016. The Spanish company participated in the second electric power auction in Mexico, in a consortium with Jinko Solar. The consortium made a bid for 187 MWp of power. Likewise, Cox Energy entered the same auction in alliance with Gas Natural Fenosa with projects for a total of 125 MWp.
November 2017. Cox Energy was awarded 140 GWh per year of power supply for twenty years in the Chilean electric power auction settled on November 2.
February 2, 2015, Cox Energy achieved an agreement for the construction and start-up of projects in Latin America with the NRG power company, one of the biggest energy groups in the United States.
May 2016. Cox Energy signs an agreement with Attijari Finances, subsidiary business bank of the Attajariwafa Bank Group, the first financial group in the Maghreb to start developing photovoltaic projects in the African continent (Francophone Africa).
July 2016. Alliance with Waaree Group, the largest manufacturer of solar modules in India, which also owns solar plants, for the construction and start-up of photovoltaic parks in that country.
October 2017. Association agreement with Sonnedix for the construction and commissioning of renewable energy projects in Chile, expandable to other countries in Latin America, Spain and Portugal.
March 2018. Cox Energy signs one of the largest long-term power sales contracts in the world with solar photovoltaic with Audax. The photovoltaic solar farms that support the agreement are located in Spain and Portugal and have a total capacity of 660 MWp, enough to supply 1,300 GW/h year of energy.
April 2018. Through an increase of capital, Cox Energy has given Nexus entry into the Group with a 40% holding of its Mexican company, Suministradora de Electricidad a Usuarios Calificados. Cox Energy will maintain 60 % of the mentioned company. With the signing of this agreement, both companies will combine their expertise and positioning to reach an increasingly significant market share, not only in electricity trading, but also in the representation business of power generation plants (i.e. managing the generated electricity). With the signing of this agreement, both companies will combine their expertise and positioning to reach an increasingly significant market share, not only in electricity trading, but also in the representation business of power generation plants (i.e. managing the generated electricity).
Cox Energy and Ibexia Development (company that has acquired the photovoltaic projects in development of JP Morgan - Sonnedix in Spain) constitute a joint venture for the commissioning of photovoltaic parks in Spain and other countries of the European Union. The new company will have two lines of action: development from the start of photovoltaic projects (land acquisition, administrative procedures, environment, etc.) and the purchase of projects that already have connection points. In both cases the objective is to build and put them into operation.
Ibox Energy, a company formed by Cox Energy and Ibexia Development, begins the construction of a 50 MW photovoltaic park in the town of Posadas (Córdoba) that will generate 100 GWh a year, enough to satisfy the electricity needs of more than 28,000 homes, and it will avoid 25,000 tons of CO2 emissions. The commissioning of the plant will involve an investment of 30 million euros and will generate 150 jobs.
February 2017. Cox Energy purchased one hundred per cent of Avalia Energía to promote and reinforce its electricity and distributed generation activities. The acquisition was made by Cox Energy Comercializadora, a subsidiary undertaking of Cox Energy. Now, Cox Energy Comercializadora is Cox Energy Comercializador España and sells electricity, self-consumption system and energy efficiency solutions to the residential, business and industrial sectors.
March 2017. Cox Energy constitutes Cox Energy Suministrador Calificado to begin electricity sales in Mexico.
October 2017. Cox Energy begins marketing electric power in Mexico, through its company Cox Energy Mexico Suministrador, S.A de CV after receiving the corresponding authorisation from the Energy Regulatory Commission, the Mexican government’s independent regulatory body for energy affairs. Cox Energy became the second Spanish company to obtain this important authorisation. Cox Energy began supplying electric power to qualified users (those whose contracted electric power is greater than 1 MW).
Cox Energy was born in 2014. It is present in Chile, Mexico, Central America & Caribbean, Colombia, Spain and Portugal.
The company carries out its activity in photovoltaic solar energy generation with its own projects, commercialization of one hundred percent renewable electricity and self-consumption. The company thus reinforces the value chain in the production of electricity with photovoltaic solar technology.
Cox Energy and Sonnedix have created a platform for managing the development and operation of PV plants.
Cox Energy has positioned itself as a significant actor within the renewable energy sector, with a growing international presence, major contracts with large business groups and a progressive diversification in added value creation activities.
Cox Energy markets electrical power in Spain through Cox Energy Comercializadora, to the residential, business and industrial sectors.
In Mexico, the company sell electricity to qualified users (those with a contracted power of more than 1MW) and also in the representation business of power generation plants.
Develop with sustainability and maximum efficiency your renewable energy projects to create positive impact in the communities
Reinforce its expansion project.
Grow solidly and continually, creating value and profitability for shareholders.
Execute clean and renewable energy projects in different countries in the world, through innovative and profitable production processes, aligned with environmental protection and the development of the communities in which we operate.
Through its professionals, technical teams and experience, the company develops efficient energies and inmpact investment in the society.
Our core values include:
Excellence
Concern for the environment
Innovation
Positive impact on society
Financial stability and profitability
Long-term strategy
Leadership
Transparency in our different actions
Maximum efficiency in our activity
Social responsibility
Caring for people
Customer focus
