Abengoa locked in talks for €1.5bn loan to clinch Gonvarri rescue investment

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Abengoa locked in talks for €1.5bn loan to clinch Gonvarri rescue investment

Abengoa plant source Abengoa 230x150

Abengoa is negotiating with five banks and Spain's government for a new €1.5bn credit facility, as the Spanish establishment has rallied round to save the debt-laden renewable energy engineering group, writes Victor Jimenez.

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