Abengoa seeks insolvency protection, takes a voyage to the bottom of the bond markets
In New York, NASDAQ shares in Abengoa SA plunged 49% in Wednesday trading after the embattled renewable energy developer said it would seek bankruptcy protection as it seeks to reorganize nearly $9.4 billion in debt. The protective filing was announced after an expected infusion of nearly $300 million from Spanish steelmaker Gonvarri did not materialize. […]














