Radar > 233518

Abengoa may have requested bankruptcy protection for three Brazilian subsidiaries

Abengoa habría declarado en bancarrota tres de sus filiales en Brasil

Abengoa teria entrado com pedido de recuperação de três subsidiárias no Brasil

Intel ID : 233518
Synopsis

Abengoa (BME: ABG.P; NASDAQ: ABGB), a technology company specialized in innovative solutions for sustainable development of infrastructure, environment and energy, may have requested bankruptcy protection for its three Brazilian subsidiaries Abengoa Concessões Brasil , Abengoa Construção Brasil and Abengoa Greenfield Holding Brasil, as published by newspaper Exame on 1 February 2016, citing a press release.

According to the news, the requests were submitted on 29 January 2016, to Court of Rio de Janeiro state, to minimize the impact regarding the suspension of some of the projects under construction, and to find a suitable solution for all parties involved and affected by current situation.
(content in spanish)

Las filiales de Abengoa (BME: ABG.P; NASDAQ: ABGB), empresa tecnológica dedicada a la consecución de soluciones innovadoras para el desarrollo sostenible en sectores como el de infraestructuras, medioambiente y energía, Abengoa Concessões Brasil , Abengoa Construção Brasil y Abengoa Greenfield Holding Brasil, podrían haberse declarado en quiebra según la publicación del medio Exame el día 1 de febrero de 2016, donde se cita un comunicado emitido por la empresa.

El artículo relata que las subsidiarías se habrían declarado en bancarrota el día 29 de enero de 2016 frente al Tribunal de Justicia de Rio de Janeiro, con el objetivo de minimizar el impacto que pueda causar está situación en algunos de su proyectos en desarrollo e intentar así alcanzar la solución más adecuada posible para las partes interesadas y afectadas.
(content in portuguese)

A Abengoa (BME: ABG.P; NASDAQ: ABGB), empresa tecnológica que aplica soluções inovadoras para o desenvolvimento sustentável nos sectores de infraestruturas, meio ambiente e energia, teria entrado com o pedido de recuperação judicial de suas subsidiárias Abengoa Concessões Brasil , Abengoa Construção Brasil e Abengoa Greenfield Holding Brasil, segundo publicou a Exame em 1 de fevereiro de 2016, citando a nota emitida pela empresa.

De acordo com a notícia, os pedidos foram apresentados em 29 de janeiro de 2016 junto ao Tribunal de Justiça do Estado do Rio de Janeiro com o objetivo de minimizar os impactos da suspensão de alguns dos projetos em construção e alcançar uma solução que seja adequada para todas as partes interessadas e afetadas pela situação atual.

Intel ID 233518
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - Abengoa Concessões Brasil
(31 Dec 2014)
Revenue: -
EBITDA: -
Net Debt: -
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
potential
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Electric (Primary)
Primary Sector (TTRSC)
25.04.03 Holding Companies / Financial Holding Companies
25 Financial Services / 25.04 Other Financial Services

Country
Website
Description

Target

Name
potential
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Electric (Primary)
Primary Sector (TTRSC)
35.03.04 Electrical Infrastructure Construction & Engineering
35 Industrials / 35.03 Construction & Engineering

Secondary Sectors (TTRSC)
10.01.01 BPO/Outsource Services
10 Business Services / 10.01 Business & Professional Support Services

10.01.03 Distributors & Wholesalers (B2B)
10 Business Services / 10.01 Business & Professional Support Services

35.03.03 Construction & Engineering (Non Residential)
35 Industrials / 35.03 Construction & Engineering

35.03.05 Homebuilders (Residential)
35 Industrials / 35.03 Construction & Engineering

35.03.99 Other Construction & Engineering
35 Industrials / 35.03 Construction & Engineering

35.07.01 Agricultural Machinery & Equipment
35 Industrials / 35.07 Manufacturing

35.07.04 Construction Machinery & Equipment
35 Industrials / 35.07 Manufacturing

35.10.99 Other Transportation & Logistics
35 Industrials / 35.10 Transportation & Logistics

Country
Website
Description

Target

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.04.03 Holding Companies / Financial Holding Companies
25 Financial Services / 25.04 Other Financial Services

Country

Related Entity

Name
Subsector (Old TTR Sectors)
Technology and Telecoms / Technology (Primary)
Services and Distribution / Water and Sanitation
Primary Sector (TTRSC)
20.04.07 Renewable Energy Equipment
20 Energy & Utilities / 20.04 Renewable Energy

Secondary Sectors (TTRSC)
35.05.05 Industrial Wastewater Treatment
35 Industrials / 35.05 Environment & Waste Management

60.01.03 Telecoms Towers & Infrastructure
60 Telecommunications / 60.01 Telecommunications & Networking Hardware

Country
Website
Description

Radar

Date Title Type Intel Grade Country Subsector  

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.