Iberdrola's Mexican Gamble: A Cautionary Tale for Energy Investors The recent deal between Cox Group and Iberdrola SA has raised eyebrows in financial circles, with a $4.
2 billion price tag and an unconventional 20% bridge loan financing arrangement that has left many wondering if the risks outweigh the rewards.
Cox Group was forced to place shares as collateral, essentially mortgaging its future earnings to secure funding.