Abengoa

Abengoa, S.A.
Company typePublic
BMAD: ABG.P
ISINES0105200002
IndustryEngineering & construction in the infrastructure, energy and water sectors.
Founded1941; 83 years ago (1941)
DefunctJuly 1, 2022 (2022-07-01)[1]
HeadquartersSeville, Spain
Key people
ProductsEngineering & construction and Operation and maintenance services, among others
RevenueIncrease €1.069 billion (as of 30th Sept 2019)[2]
Increase €195 million (as of 30th Sept 2019)[3]
Number of employees
Increase 15,260 (as of 30th Sept 2019)[4]
Websiteabengoa.com

Abengoa, S.A. was a Spanish multinational company in the green infrastructure, energy and water sectors. The company was founded in 1941 by Javier Benjumea Puigcerver and José Manuel Abaurre Fernández-Pasalagua,[5] and was based in Seville, Spain. Its current chairman is Gonzalo Urquijo Fernández de Araoz. After repeated bankruptcies and rescues, it declared insolvency in February 2021 amid various regulatory and financial charges against the board and management, the second-largest corporate collapse in Spanish history.[6]

Abengoa invests in research in sustainable technology, and implements these technologies in Spain as well as exporting them globally. These technologies include concentrated solar power and desalination.

In 2014, Abengoa and subsidiaries employed approximately 20,250 people, operating in more than 80 countries.[7]

  1. ^ "El juez disuelve la matriz de Abengoa". July 2022.
  2. ^ "Company figures".
  3. ^ "Abengoa Relevant Reports".
  4. ^ "Q3 2019 presentation" (PDF).
  5. ^ "Abengoa Company History". Archived from the original on 2013-06-13.
  6. ^ "Spanish Renewable Energy Firm Files for Insolvency". 23 February 2021.
  7. ^ "Annual Report 2014: Legal and Economic-Financial Information" (PDF). Archived (PDF) from the original on 2015-11-25.