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Abengoa SA (ABG.MC)

ABG.MC on Madrid SE C.A.T.S.

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Latest Key Developments (Source: Significant Developments)

Abengoa announces advances in restructuring process
Thursday, 23 Mar 2017 12:38pm EDT 

Abengoa SA : Says all restructuring documents and the new corporate governance documents have already been signed . Says restructuring to begin in the coming days, once the transaction funds are received .Expects to complete the restructuring transaction in the days following March 24.  Full Article

Spain's Abengoa says has consents to draw down on cash injection
Tuesday, 28 Feb 2017 03:27pm EST 

Spain's Abengoa : Says it has obtained the consent of a majority of creditors needed as part of restructuring agreement to amend the drawdown mechanism which will allow it to receive a planned cash injection . Says this "will allow the company to initiate the required steps to close the restructuring and permit the funding of the new money." .Abengoa avoided bankruptcy last year after reaching a debt deal with creditors which included a debt-for-equity swap and 1.17 billion euros ($1.24 billion) in fresh cash from fund investors [nL8N1AS1LM].  Full Article

Abengoa in consortium wins transmission line project in Chile
Monday, 20 Feb 2017 11:53am EST 

Abengoa SA : Transelec SA has awarded the consortium made up of Abengoa and Kipreos Ingenieros, the project of constructing a 500 kV line, as well as different works on two substations .The project is worth about $93 million.  Full Article

Abengoa to supply steel structures to Gamesa for PV project
Wednesday, 8 Feb 2017 05:13am EST 

Abengoa SA :Says it has been awarded a contract by Gamesa to manufacture and supply steel structures for the photovoltaic project Atria Solar.  Full Article

Abengoa wins three transmission and distribution projects in Spain
Wednesday, 18 Jan 2017 06:30am EST 

Abengoa SA : Wins three transmission and distribution projects in Spain . The projects will be carried out for the US Department of Air Force in Moron de la Frontera (Seville) and Red Electrica de Espana (REE) in Las Palmas de Gran Canaria and Lugo Further company coverage: [ABG.MC] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

Abengoa announces termination of investment agreement with FRC
Friday, 23 Dec 2016 02:58am EST 

Abengoa SA : Announces termination of investment agreement with First Reserve Corporation (FRC) .Says First Reserve Corporation has no stake in the company.  Full Article

Abengoa says court declares insolvency proceedings of Abengoa Mexico
Tuesday, 20 Dec 2016 02:34am EST 

Abengoa SA : The court in Mexico declares insolvency proceedings of Abengoa Mexico .Insolvency proceedings of Abengoa Mexico does not suppose loss of administration by current managers.  Full Article

Abengoa's Peruvian unit emerges from preventive insolvency procedure
Thursday, 17 Nov 2016 11:01am EST 

Abengoa SA : Says Peruvian regulator agrees to withdraw preventive insolvency procedure for Abengoa's unit Further company coverage: [ABG.MC] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

Natural Chem acquires Abengoa biofuels plant in New Mexico
Wednesday, 16 Nov 2016 02:54pm EST 

Renewable products maker Natural Chem Group LLC said it acquired Abengoa SA's idled ethanol plant in Portales, New Mexico. : Natural Chem said bought plant at auction through U.S. Bankruptcy Court for Eastern District of Missouri in St. Louis. . Several U.S. subsidiaries of Seville, Spain-based Abengoa filed for Chapter 11 bankruptcy earlier this year. [nL1N1CX1XX] . Natural Chem said will redevelop plant to produce biodiesel, with capacity for 4.5 million gallons per month. . Natural Chem also will add blend terminal at facility, producing biodiesel blends with 5-, 10- and 20- percent biodiesel that will be available for sale to regional fleets. . The facility is only commercial-scale ethanol plant in New Mexico and was built in 1984 and operations were suspended in 2012. (Reporting by Michael Hirtzer) ((michael.hirtzer@thomsonreuters.com; +1 312 408 8566; Reuters Messaging: michael.hirtzer.thomsonreuters.com@reuters.net, Twitter: @mhirtz)) Keywords: ABENGOA NATURALCHEM/.  Full Article

Abengoa sells production unit of Abengoa Inabensa in Seville
Tuesday, 25 Oct 2016 06:06am EDT 

Abengoa SA : Says it has signed an agreement with Cuadros Electricos Nazarenos (CEN Solutions) to sell assets and liabilities of the production unit of Abengoa Inabensa in Seville, Spain Further company coverage: [ABG.MC] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

More From Around the Web

Spain's Abengoa posts record 7.6 bln eur loss in 2016

MADRID, Feb 28 Spanish renewable energy and engineering company Abengoa on Tuesday reported a record net loss of 7.6 billion euros ($8 billion) for 2016 and said it was close to wrapping up a debt restructuring that has saved it from bankruptcy.