Abengoa finalizes sale of European biofuel plants to Trilantic Europe

June 7, 2017 |

In Spain, Abengoa has finalized its deal with Trilantic Europe to sell the ailing company’s remaining four ethanol plants in Europe and a company marketing DDGS and buying grain. The total installed capacity for the three Spanish plants is 145 million gallons per year and another 66 million gallons at a facility in Pyrénées-Atlantiques, France. Following the company’s bankruptcy procedures and following restructuring, it sold of its US-based ethanol facilities along with other assets around the world last year in an effort to cover nearly EUR1 billion in debt.

Abengoa: The Digest’s 2015 5 Minute Guide

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