Abengoa

Abengoa S.A.
Type Sociedad Anónima (BMADABG)
Industry Technology, engineering
Founded 1941
Headquarters Seville, Spain
Key people Felipe Benjumea Llorente (Chairman), Manuel Sánchez Ortega (CEO)
Products Solar energy and bioenergy devices, IT, water and waste treatment, construction of telecom networks, power stations, infrastructure
Revenue €5.566 billion (2010)[1]
Operating income €621.8 million (2010)[1]
Profit €207.2 million (2010)[1]
Total assets €16.97 billion (end 2010)[1]
Total equity €1.630 billion (end 2010)[1]
Employees 26,500 (average, 2010)[1]
Website abengoa.com
Palmas Altas Campus, Abengoa’s headquarters, Seville (Spain).

Abengoa is a Spanish multinational corporation, which includes companies in the domains of energy, telecommunications, transportation, and the environment. On September 15, 2007, The Economist reported that Abengoa is looking to enter the concentrating solar power market in the United States.

The company was founded by Javier Benjumea, and is based in Seville, Spain.

In 2010, the number of employees was approximately 26,500 spread over nearly 600 subsidiary companies. [1]

Contents

Green technology

Befesa

Befesa is an Abengoa subsidiary, specialising in the integral management of industrial wastes and the generation and management of water.

Joint Venture with Ebro Puleva

Abengoa has joint venture biofuel plants with Ebro Puleva.[2]

Abengoa Solar

Abengoa began its involvement in the development of solar technologies in 1984 with the construction of the Solar Almeria Platform in Spain.

Abengoa Solar has announced the award of two R&D projects in the field of Concentrating Solar Power (CSP) by the US Department of Energy that total over $14 million. The goal of the DOE R&D program, working in collaboration with partners such as Abengoa Solar, is to develop C.S.P. technologies that are competitive with conventional energy sources (grid parity) by 2015 [3].

On July 3, 2010, US President Barack Obama announced that the US Department of Energy had conditionally committed to offering a $1.45 billion loan guarantee to support construction by Abengoa Solar of the Solana Generating Station, in Arizona.[4]

Competitors

See also

Factory 1b.svg Companies portal

References

External links


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