Abengoa sells remaining EU ethanol plants to Trilantic Europe

March 20, 2017 |

In Spain, Abengoa has sold its three Spanish and one French ethanol plants to fund manager Trilantic Europe for EUR140 million, finalizing the sale of the last of the company’s bioenergy assets, a sector in which it invested more than EUR5 billion including its second generation ethanol plant in Hugoton, Kansas and plants across the US and Europe. The sale is pending completion of certain conditions before it is finalized and the facilities change hands to the investor currently managing more than EUR1.5 billion across the region.

Abengoa: The Digest’s 2015 5 Minute Guide

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Category: Fuels

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