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Tag Archives: abengoa bioenergy

Troubled Spanish renewable energy firm announces loan deal

MADRID (AP) — Spanish renewable energy and engineering giant Abengoa says it has reached the basis of a debt-restructuring agreement with bank creditors and bondholders in a bid to avoid one of the country’s largest insolvencies. Abengoa, which began bankruptcy protection proceedings in November, said in a statement Thursday that under the deal it will give creditors a 55 percent ...

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EPA delays prompt $13.7 billion shortfall in biofuels investment: report

NEW YORK – U.S. government delays in rolling out renewable fuels policy have stymied some $13.7 billion in investments and have prevented advanced biofuels companies from meeting mandated target volumes, according to an industry group analysis. The U.S. Environmental Protection Agency’s (EPA) slow rulemaking on the Renewable Fuel Standard program over the past two years has “chilled” an influx of ...

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