Abengoa may sell U.S. ethanol plants

The Spanish energy company Abengoa “will seek to sell its biofuel business as part of a debt restructuring plan to avoid bankruptcy,” reports Bloomberg. A plan submitted to the board of directors proposes the sale of “non-core assets,” including all of the company’s first-generation biofuel plants, to create a company about two-thirds of its current size.… » Read More

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