Abengoa to raise €400m and move to US

By Andrew Griffin
10 Oct 2013

Abengoa, the Seville-based, Spanish-listed renewables engineering firm, is set to raise €400m through a listing of shares on Nasdaq that will complete a long-term plan to emphasise the global nature of its operations over its Spanish origins.

The company has been pursuing a US listing since last year, as it aims to emphasise the scale of its global business and distance itself from the perception of risk arising from the eurozone periphery. The shares are listed in Madrid and Barcelona, and the company is based ...

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