The Digest Bioeconomy Index, an index of publicly traded advanced bioeconomy stocks, dropped 1.85 percent to 57.89 as large caps tumbled, driven by Abengoa’s spectacular plunge. For the day, Abengoa (ABGB) shed 29.90 percent to $7.75 after raising €650M in an equity round, while Cosan (CZZ) gave back 5.53 percent to $4.44. Among other equities, […]
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Abengoa revenues up, EBITDA spike, but says bioenergy sector conditions “remain challenging in the US”
In Spain, Abengoa reported revenues of €3,390 million for the first half of 2015, an increase of 3 % versus the same period of the previous year. EBITDA rose by 9 % to €650 million while net income reached €72 million, a 5 % increase compared to the same period of 2014. Net income for […]
1. Abengoa 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.; and c. Commercial scale cellulosic fuel production. Follow the page links below for the complete guide.
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 […]
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 […]