Global Green Energy Zombie Abengoa, Caught Cooking its Books in 2015 & Bailed Out Twice, Finally Runs Out of Bailouts, Files for Bankruptcy, 2nd Largest in Spanish History by Nick Corbishley • Feb 25, 2021 • 43 Comments Biggest beneficiaries of the now scuttled rescue plan would have been private equity firm KKR and Banco Santander.
Green-Energy Zombie Abengoa Threatens to Default 3rd Time Since Enron-Style Collapse, Blames Covid, Begs for Fresh Bailout by Nick Corbishley • May 20, 2020 • 39 Comments In the forlorn hope the world’s biggest green-energy zombie will somehow survive the oncoming storm.
Resurrected Abengoa & Construction Giant OHL Flirt with Collapse by Don Quijones • Nov 17, 2018 • 24 Comments After years of dodgy accounting and mismanagement.
It Didn’t Take Long: Abengoa Is Back At It by Don Quijones • Sep 22, 2018 • 29 Comments How to prevent its shares from dropping below €0.01?
“Where’s the Money Gone?” Rescue of Spain’s Biggest-Ever Corporate Bankruptcy Stumbles in Mexico by Don Quijones • Sep 15, 2016 • 12 Comments Fleeced Mexican investors left railing against big banks and hedge funds.
Did Moody’s Just Sever Energy Giant’s Last Life Line? by Don Quijones • Aug 25, 2016 • 9 Comments Out-of-money, felled by debt and shady accounting, Abengoa faces reality.
It’s Getting Uglier in Spain by Don Quijones • Aug 8, 2016 • 36 Comments With attention riveted on the disintegration and “rescue” of Italy’s banks, other crises go unnoticed, including the gathering problems in government-less Spain.
Creditors Stumble into New Black Hole at Energy Giant Abengoa by Don Quijones • May 10, 2016 • 32 Comments Accounting tricks come home to roost.
Investors, Creditors Getting Demolished by this Global Renewables Giant by Don Quijones • Feb 25, 2016 • 12 Comments Financial Fallout Spreads.
Deloitte About to Pay for its Spanish Sins? by Don Quijones • Feb 14, 2016 • 17 Comments Bilked Investors, including the US government, are furious.
