Abengoa Reports $1.3 Billion Loss Amid Insolvency Battle

  • Fourth-quarter results come as bankruptcy deadline approaches
  • Renewable-energy company has lost control of Atlantica Yield

Abengoa SA, the Spanish renewable-energy company that’s trying to avoid bankruptcy, reported a 1.2 billion-euro ($1.3 billion) loss for 2015 after its business was revalued amid a financial restructuring process.

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