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Abengoa Jumps on Naming Partner for $9.5 Billion Venture

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Abengoa SA jumped the most in seven weeks after the Spanish renewable energy company said it plans a joint venture with EIG Global Energy Partners LLC to invest in projects under construction.

Abengoa’s Class B shares climbed 11 percent to 2.1 euros in Madrid. The Seville-based company’s 5.5 percent bonds issued through its Greenfield finance unit rose 1.9 cents on the euro to almost 87 cents, the highest in more than a month, according to data compiled by Bloomberg.