Buyers swarming around Abengoa Bioenergy’s assets

In Missouri, potential buyers of Abengoa Bioenergy’s six first generation ethanol facilities were already looking at acquiring the assets before the company’s announcement that they would be put up for sale. Two of the plants are currently operating, which in addition to the second generation facility in Hugoton, Kansas, are not part of the company’s Chapter 11 proceedings. It is anticipated that assets in Europe, Brazil and the US will be sold off piecemeal or by region rather than all going to one major global entity as may have been expected when the company first announced its financial troubles.

Abengoa Bioenergy: The Digest’s 2015 5 Minute Guide