Latest Abengoa Stories
-- The project, financed by the African Development Bank, is worth approximately EUR32 million. SEVILLE, Spain, May 14, 2013 /PRNewswire/ -- Abengoa (MCE: ABG.B), the international company that applies innovative technology solutions for sustainability in the energy and environment sectors, has been chosen by the Kenya Electricity Transmission Company (Ketraco) of the Kenyan Ministry of Energy for an electricity transmission project that includes construction of a 132 kilometer line...
- These approvals were a key requirement to proceed with the sale SEVILLE, Spain, May 13, 2013 /PRNewswire/ -- Abengoa (MCE: ABG.B), the company that develops innovative technology solutions for sustainability in the energy and environment sectors, announced today that the required authorizations, undertaken with Befesa's bondholders in order to facilitate the sale of Befesa Medioambiente to funds advised by Triton Partners, were successful. All consents and authorizations,...
-- The contract includes the engineering, construction and commissioning of 32 kilometers of transmission line, as well as the extension of existing substations. SEVILLE, Spain, May 8, 2013 /PRNewswire/ -- Abengoa (MCE: ABG.B), the company that applies innovative technology solutions for sustainable development in the energy and environment sectors, has been chosen by Imperial Irrigation District (IID) for a power transmission project that includes the upgrade of a 230kV transmission...
-- The project involves an investment of approximately USD $110 million and will create about 50 jobs directly and indirectly. -- Abengoa will undertake the design and construction, and subsequent operation and maintenance for a period of 30 years. SEVILLE, Spain, May 6, 2013 /PRNewswire/ -- Abengoa (MCE: ABG.B), the company that applies innovative technology solutions for sustainable development in the energy and environment sectors, has been selected by VIESTE Energy LLC, a...
- The sale is part of the company's strategy to focus on core businesses SEVILLE, Spain, May 2, 2013 /PRNewswire/ -- Abengoa (MCE: ABG.B), the company that applies innovative technology solutions for sustainable development in the energy and environment sectors, has finalized the sale of its Brazilian subsidiary, Bargoa, which manufactures telecommunications components, to the U.S. company Corning Incorporated. The transaction reflects Abengoa's strategy to focus on its core...
SEVILLE, Spain, April 30, 2013 /PRNewswire/ -- In the first quarter of the year, revenues increased by 19% to EUR1,850 million and EBITDA by 20% to EUR270 million. Net income increased by 1% to EUR90 million. Corporate debt was reduced to 2.9x. The company signed an exclusivity agreement to sell Befesa, its industrial recycling subsidiary. Abengoa (MCE: ABG.B), the company that develops innovative technology solutions for sustainability in the energy and environment sectors,...
- The cogeneration plant is expected to generate 15 megawatts (MW) of electricity. SEVILLE, Spain, April 29, 2013 /PRNewswire/ -- Abengoa (MCE: ABG.B), the company that applies innovative technology solutions for sustainable development in the energy and environment sectors, has been selected by Rentech Nitrogen Partners, L.P. (NYSE: RNF) to construct a cogeneration plant in the state of Texas. The project will require an investment of approximately US$30 million and will create...
The water sector recognized the company's huge contribution to the desalination sector in 2012. SEVILLE, Spain, April 25, 2013 /PRNewswire/ -- Abengoa (MCE: ABG.B), the company that applies innovative technology solutions for sustainable development in the energy and environment sectors, has been selected by Global Water Intelligence as the Desalination Company of the Year for its outstanding contribution to the desalination sector in 2012. Global Water Intelligence, the prestigious...
-- The transaction is subject to finalization of documentation, as well as customary regulatory and financing approvals. SEVILLE, Spain, April 18, 2013 /PRNewswire/ -- Abengoa (MCE: ABG.B), the company that applies innovative technology solutions for sustainable development in the energy and environment sectors, has entered into an exclusivity agreement for the sale of 100% of its subsidiary Befesa to funds advised by Triton Partners ("the Funds"). The deal is subject to finalizing...
- Abengoa will manage the aluminum residues at the new facility that it will build in the town of Bernburg, in the east of the country, and which will involve an investment of approximately EUR30 million. SEVILLE, Spain, April 9, 2013 /PRNewswire/ -- Abengoa, an international company that applies innovative technological solutions for sustainable development in the energy and environment sectors, through its industrial waste recycling division, Befesa, has signed an agreement with...
