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Abengoa SA To Build Plant In Glendale-DJ


Monday, 6 May 2013 10:43am EDT 

Dow Jones reported that Abengoa SA has been selected by VIESTE Energy LLC, a Chicago, Illinois-based base load renewable energy development entity, to build a plant that will produce electricity from the gasification of municipal solid waste in the city of Glendale, Arizona. The project includes both the construction of the plant and its operation and maintenance for 30 years. The total investment will reach USD 110 million. Under contract to VIESTE Energy, Abengoa SA will undertake the design and construction of the plant, and its subsequent operation and maintenance, for a period of 30 years. The Company will not maintain an interest in the assets it constructs. The construction period will last for about 20 months, during which about 50 jobs will be created directly and indirectly. 

Company Quote

2.582
0.032 +1.25%
21 Nov 2014