Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Abengoa Creates U.S. Subsidiary to Consolidate American Business

Jan. 4 (Bloomberg) -- Abengoa SA, a solar-thermal power and water desalination plant developer, said it’s created a subsidiary to oversee its businesses in the U.S., which contribute about 20 percent of the company’s revenue.

The largest developer of solar-thermal power plants said the American subsidiary, Abengoa US, has at least $5.8 billion in assets and coordinates operations in 12 states from offices in Washington D.C., St. Louis and Denver.

The Seville, Spain-based company’s solar-thermal systems typically use mirrors to focus sunlight on a boiler, generating steam used to produce electricity. Its project involvement in the U.S. includes Solana, the largest solar plant using parabolic-trough solar-thermal technology in the Arizona desert.

Abengoa broke ground about six weeks ago on West Africa’s first desalination facility, a venture to provide drinking water for about 500,000 people in Ghana. It also produces biofuels.

Link to Company News:{ABG SM <Equity> CN <GO>}

To contact the reporter on this story: Randall Hackley in London at

To contact the editor responsible for this story: Randall Hackley at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.