Search Results for 'abengoa'

Hygreen Energy, Coxabengoa sign strategic deal for market expansion of green hydrogen

August 31, 2024 | Juan Pedro Tomas

In China, Hygreen Energy, a global electrolyzer manufacturer, and Coxabengoa, a vertically integrated global water and energy utility, have signed a strategic agreement to collaborate on hydrogen technology advancement, market expansion for electrolyzer solutions in Europe, and production capacity expansion that will accelerate European hydrogen project development. The agreement will leverage Coxabengoa’s capabilities in production […]

European Commission says Alcogroup, Lantmännen and Abengoa breached EU antitrust rules

July 7, 2022 | Meghan Sapp

In Belgium, European Commission has informed Alcogroup S.A. and its subsidiary Alcodis S.A. (together ‘Alcogroup’) as well as Lantmännen ek för and its subsidiary Lantmännen Agroetanol AB (together ‘Agroetanol) of its preliminary view that, together with Abengoa S.A. (‘Abengoa’), which settled the case in December 2021, they have breached EU antitrust rules. The Commission considers […]

Abengoa fined $22.5M for ethanol benchmark rigging

December 12, 2021 | admin

In Belgium, Reuters reports that EU antitrust regulators fined Spain’s Abengoa 20 million euros ($22.5 million) on Friday for rigging ethanol benchmarks as part of a crackdown on such practices while investigations into two other companies continue. The European Commission has levied billion-euro fines in recent years, with regulators on both sides of the Atlantic […]

Former Kansas Abengoa ethanol plant to produce renewable diesel, Seaboard Energy, Neste, Phillips 66, Alto Ingredients, Haldor Topsoe, renewable diesel news

May 16, 2021 | admin

“You’ve always had the power my dear, you just had to learn it for yourself.” – Glinda We are only halfway through May 2021 and the renewable diesel news coming in is astounding. It’s like Glinda the Good Witch from Wizard of Oz is flying all over waving her wand turning facilities into renewable diesel […]

Fulcrum fires back in Abengoa controversy

June 4, 2020 | Jim Lane

In California, Fulcrum executives assailed a report appearing this week in Spanish media alleging $100 million cost overruns and other difficulties in the Sierra Biofuels project near Reno, Nevada. It’s loaded with inaccuracies, Fulcrum vice president Rick Barraza told The Digest. “The cost overruns are not $100 million,” said Fulcrum VP and CFO Eric Pryor, […]

Abengoa takes Fulcrum to court over $100M cost overrun despite arbitration

June 2, 2020 | Meghan Sapp

In Spain, the El Confidential newspaper reports that Abengoa has ditched the Fulcrum aviation biofuel project it has been working on since 2017 citing irreconcilable difference with the client and a cost overrun of $100 million over the past two years. The plant was supposed to be completed by the end of 2019. Due to […]

Alcogroup and Abengoa to fight EU’s claims of ethanol price manipulation at hearings

January 28, 2020 | Meghan Sapp

In Belgium, Reuters reports that Alcogroup and Abengoa plan to fight against anti-trust charges of manipulating ethanol prices at hearings in front of the European Commission and national authorities on Tuesday and Wednesday. The companies could be charged up to 10% of the global turnover if the hearing rules against them, or the case could […]

Abengoa will also contest EU charges of manipulating ethanol benchmark pricing

September 3, 2018 | Meghan Sapp

In Belgium, both Abengoa and Alcogroup will contest the European Commission’s allegations of manipulating S&P Global Platts’ European ethanol benchmark prices. Last week, Reuters reported that both companies had been issued statements of objection from the EC’s competition watchdog but Abengoa had no responded to requests for comment while Alcogroup said it would fight the […]

European Commission charge Abengoa and Alcogroup with manipulating ethanol price benchmarks

August 30, 2018 | Meghan Sapp

In Belgium, Reuters reports that the European Commission’s competition watchdog has charged both Abengoa and Alcogroup with rigging ethanol benchmarks published by S&P Global Platts. The three-year investigation also included Sweden’s Lantmannen but they haven’t been charged although it said it was in settlement negotiations. Abengoa and Alcogroup are likely to face fines next year […]

Five parties looking to buy two Abengoa Bioenergia Brasil sugarcane mills

January 29, 2018 | Meghan Sapp

In Brazil, two investment funds, two players already in the sugarcane sector and BP’s local counterpart are in various phases of discussions with Abengoa Bioenergia Brasil to buy its Usina São Luiz and Usina São João. If sold, the two could pay off as much as 65% of the $354 million in debt currently being […]