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Presidente del Consejo de Administración

Born in 1989 in Cox (Alicante) Spain, Enrique Riquelme Vives is the Chairman, founder and President of Cox Energy, a renewable solar energy company, with multiple business lines, of which the following stand out: electricity generation through own photovoltaic projects, selling of fully renewable energy, and self-consumption.

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Career Path

Enrique Riquelme began working in family businesses within the services, real estate and construction sectors. In 2009 he traveled and settled in Panama, where, a year later, in 2010 he created Grupo El Sol, focused on mining, cement, infrastructure and energy. The company became the largest provider of sand for the Temporary Union of Companies (UTE for its Spanish acronym) responsible for the expansion of the Panama Canal. It currently has more than 1,500 employees and investments in cement, aggregates and energy.

Since its early days as an entrepreneur, Enrique Riquelme has been sure that renewable energies, and in particular photovoltaic solar, were called to be the energy generation technologies of the present and the future, with continuous and constant growth within the electricity matrix of the different countries. That is why, without abandoning the activity of Grupo El Sol, it began to position itself in the sector and, in 2012, led the bidding and development phase of the largest photovoltaic project carried out so far in Latin America, Rainbow 50. Located in Guatemala, the installed capacity of the aforementioned plant reached 55.6 MW, with an investment reaching 100 million dollars.

Enrique Riquelme founded in 2014 Cox Energy, a Spanish company in the renewable energy, solar photovoltaic sector, with a presence in more than six countries on two continents (Europe and Latin America). Its business strategy has made it the first Spanish company to close in 2018 the largest private PPA (Power Purchase Agreement) at 20 years in Europe (660 MW with Audax, one of the main electricity trading companies in the Iberian Peninsula). It also has long-term energy sales agreements with Nexus Energía and other major private and commercial customers. Cox Energy won two major tenders in Chile (2016 and 2017), and has become a leading company in the country. The company has signed partnerships with groups of great international relevance: JP Morgan-Sonnedix, Naturgy or Ibexia Development, to develop and operate renewable energy projects.

In 2019 Cox Energy America was born as part of the strategy designed by Cox Energy Solar to achieve maximum development of its business in the two continents where it is presence: Europe and Latin America. Cox Energy América, which is majority owned by Grupo Cox Energy Solar, is listed on the Mexican Institutional Stock Exchange (BIVA). The company is present in Mexico, Chile, Colombia, Central America and the Caribbean.

Cox Energy America is one of the few solar energy companies that is active throughout the value chain: from project development, financing, material purchase, operation and maintenance, to asset management and energy supply

The projects where Cox Energy America is investing are located mainly in Mexico and Chile, but also in other countries and territories, such as Colombia, Central America and the Caribbean, whose markets the company has a great knowledge of, as well as the areas where there is greater consumption, both industrial and residential, high solar radiation, increasing improvement in the efficiency of transmission networks , and a clear upward trend in electricity prices, which will allow higher revenues to be obtained in the spot market and also through private PPAs.

Cox Energy operates in Europe through Ibox Energy, a joint venture established together with Ibexia Development, to develop and manage photovoltaic projects in Spain and other European Union countries. The company has a portfolio in development in Spain of more than 1.2 GW of power distributed throughout the national territory.

Enrique Riquelme became in 2016 the largest shareholder of Ezentis, a leading global industrial services company that operates and maintains electricity infrastructure, among other activities and is present in Argentina, Chile and Brazil.

In addition, Enrique Riquelme is President and main shareholder of Cox Real State, a company specialized in investments in shopping centers and real estate sector, with activity in Spain.

Social Commitment

Enrique Riquelme sponsors and promotes projects focused on social engagement and support for innovation in the renewable energy and energy efficiency sector, as well as others that contribute to the promotion of values among young people through sport. It sponsors and promotes projects focused on social engagement, environmental advocacy and support for innovation in the renewable energy and energy efficiency sector, as well as others that contribute to the promotion of values among young people through sport, especially football (Orihuela CF, Football schools, etc), to which he´s mainly linked in his sponsorship aspect. .

The Chairman of Grupo Cox Energy is Chairman of the Advisory Board of the Scholas Foundation for Panama, Central America and the Caribbean, and World President for Technology and Entrepreneurship. The Foundation is promoted by Pope Francis, with the aim of linking all schools in the world, supporting those with lower resources in favor of an education without exclusions. Its network is present in 190 countries, integrates more than 400,000 schools and reaches more than one million children and young people worldwide.

CCox Energy develops an essentially sustainable activity, not only in the environmental field and as a contribution to the fight against climate change, but for its support for the communities where it is based through the creation of wealth and employment, without affecting its idiosyncrasy and fundamental rights. Enrique Riquelme promotes, as one of the key objectives of the company, to achieve a positive impact on the community.

Recognitions

In June 2018, Forbes magazine presented Enrique Riquelme on its cover as "The Man of Solar Energy", noting that "At only 29 years old. Enrique Riquelme, Chairman of the Board, and in less than 5 years, has made this company an outstanding firm with a presence in Central and South America, as well as in Mexico and Spain".

In 2018, Enrique Riquelme received the National Young Entrepreneur Award, awarded by the Spanish Confederation of Young Entrepreneurs (CEAJE for its Spanish acronym), which values the innovative capacity of entrepreneurs under the age of 40 and is one of the most important business awards in the country. In 2019 he won the VII Alfil Award for Business Career, awarded by the Advanced Tertiary Business Association of Alicante.

In November 2019, Enrique Riquelme was designated as one of the "100 most influential Latinos committed to climate action" by the Sachamama organization, along with other great Spanish entrepreneurs and members of the government.

enrique riquelme

Chief Executive Officer

José Antonio Hurtado de Mendoza has more than 23 years of experience in the energy sector. Since 2007 he has lived in different Latin American countries where he has been able to observe first-hand the evolution of the sector.

Prior joining Cox Energy America, José Antonio worked 21 years in the Naturgy Group where he served among other functions as National Manager in Panama, Director of the Electricity Business line in Colombia and responsible for leading the transformation and digitization of the Company in Mexico.

Throughout his career, he has participated in various mergers and acquisitions processes. He holds a PDD from IESE and is an Industrial Engineer specializing in Automation and Electronics from the Polytechnic University of Madrid..

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Executive Vice-presidents

Javier García
Vice-president of Finance and Strategy
Emiliano Espinoza
Vice-president of Business
Enrique González
Vice-president of Investor Relations and Communication
Darío Torres
Vice-president of Operations
Martín Sucre
Vice-president of Legal Affairs
Ignacio Coscolla
Corporate Vice-president
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