Abengoa completes at increased €450m size

By Andrew Griffin
17 Oct 2013

Abengoa, a Spanish-listed renewables engineering firm, completed a €450m capital raise on Wednesday night that will give the firm a listing in the US. The deal was increased in size after strong demand from investors.

Abengoa raised €450m from the sale of 250m shares, at €1.80 each. That was a 10.9% discount to Wednesday's €2.02 close, and a 10% discount to the €2.00 close on October 7, when the deal was launched.

The deal will fund Abengoa's turnaround strategy, as well as giving ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.