The historic performance guarantee that’s at the centerpiece of the deal; the partnership that could lead to eight projects; Cathay Pacific, Waste Management and the US Navy in the mix. In California, Fulcrum BioEnergy has selected Abengoa to build the first biorefinery using gasification technology to convert municipal solid waste into syncrude that will be upgraded into jet […]
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In Spain, Abengoa has been selected by Fulcrum BioEnergy, Inc., to build the first biorefinery using gasification technology to convert municipal solid waste (MSW) into syncrude that will be upgraded into jet fuel. The contract is worth approximately US$200 million. Abengoa will be responsible for the turnkey execution of the plant including engineering, design and […]
In the UK, Abengoa’s CEO has said that European bureaucracy has created a “zombie industry” of renewable energy companies, neither alive nor dead, as they wait for policy to come into place or for decisions on projects to get made. He referred to the biofuels industry, and the long-awaited decisions on ILUC, as well as […]
In Belgium, the European Commission has extended its investigation into possible ethanol price rigging with unannounced inspections at Abengoa and Tereos’ facilities. Lantmaennen Agroetanol AB and Alcogroup’s Alcodis were raided last year and Platts, BP Plc, Statoil ASA, Royal Dutch Shell Plc and Argos Energies were raided in 2013, which kicked off the investigation. Abengoa […]
In Kansas, commercial scale production at Abengoa’s Hugoton cellulosic ethanol plant is still a few weeks away despite commissioning having begun back in October but it’s getting closer. The company estimates that it needs about 320,000 tons of crop waste annually to supply the 25 million gallon plant but there should be more than 15 […]
The company is active in three areas in biofuels: a. Traditional fermentation of cereal grains and sugar cane for the commercial production of bioethanol b. Traditional transesterification for the production of biodiesel from cereal and vegetable oils. c. Commercial scale cellulosic fuel production. Overall, the company has €7256 in sales, 24,000 employees and €1.365 in […]
In Spain, Abengoa and energy and infrastructure investor EIG Global Energy Partners have entered into a non-binding agreement with the objective of jointly investing in a New Company (Newco) for the development of the already contracted portfolio of Abengoa’s projects under construction. EIG is a leading specialist investor in energy and energy-related infrastructure based in […]
In Brazil, the National Bank for Economic and Social Development (BNDES) approved $223.38 in financing for four sugarcane projects. The largest announced financing is for Abengoa Bioenergy SA Agribusiness, which will receive $116.8M to implement its second-generation ethanol plant. The new project will be integrated with the Usina São Luiz first-generation ethanol plant in Pirassununga, in São Paulo […]
Natural Chem reportedly looking at $105M invest in New Mexico Eco-Fuels Complex; Abengoa says “not reached any agreement.”
In New Mexico, reports surfaced that Houston-based Natural Chem is looking to invest $105 million in buying out Abengoa’s mothballed ethanol plant in Portales. However, Abengoa told The Digest, “Abengoa has not reached any agreement with Natural Chem Group for the purchase of this plant.” The company is seeking to produce LNG and CNG, sourcing its […]
In Belgium, Belgium Eco Energy has contracted Abengoa to build a $393 million wood chip and agricultural residue-based 215MW power plant. The plant will be one of the largest biomass-based power plants in Europe.