Abengoa Yield Insulated From Potential Bankruptcy of Founder

  • Credit downgrade of Abengoa `has no impact' on yieldco unit
  • Abengoa Yield taking `sufficient separateness provisions'

Abengoa Yield Plc, the U.S.-traded holding company formed by Spain’s Abengoa SA, has taken “sufficient separateness provisions” to insulate itself from the potential bankruptcy of its founder, Moody’s Corp. said in a report Friday.

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