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Abengoa SA Finalizes Solar Complex In Europe; Closes Financing For Plants-DJ


Monday, 30 Sep 2013 10:07am EDT 

Dow Jones reported that Abengoa SA has begun operation of Solaben 1 and Solaben 6, two 50 megawatt (MW) parabolic trough plants located in Extremadura, Spain. The two plants belong to the Extremadura Solar Complex, with 200 MW capacity, and produce enough clean energy necessary to fulfill the needs of 104,000 households. Abengoa SA has also closed the non-recourse financing for both plants totaling EUR 200 million, which will free up the equivalent amount of equity invested in these projects. Abengoa SA designs, constructs and operates its own plants, using parabolic trough, tower and photovoltaic technologies. With 22 plants in operation, the Company has a total installed capacity of 943 MW, as well as 710 MW under construction worldwide. 

Company Quote

2.3
-0.0050 -0.22%
28 Nov 2014