Mexican court orders asset seizure from Abengoa

April 13, 2016 |

In Mexico, while Abengoa got good news this week in Missouri when the bankruptcy court allowed it to access $41 million bankruptcy funding, on the other side of the border a court ordered that its assets were seized in response to a request by bondholders. The company said in a filing with the Mexican stock exchange that it is in negotiations with creditors. It’s Mexican assets are predominantly solar rather than bioenergy as in the US but have the same parent company

Abengoa Bioenergy: The Digest’s 2015-5 Minute Guide

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Category: Fuels

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