Abengoa affiliates file for bankruptcy in St. Louis

American subsidiaries of struggling Spanish conglomerate Abengoa SA filed for bankruptcy on Wednesday, reporting up to $10 billion in both liabilities and assets.

Abengoa US Holding Inc. and five other affiliates in the biofuels and infrastructure industry filed in bankruptcy court in St. Louis. Their Spanish parent has been trying to stave off insolvency since last year, but reports have surfaced across the globe of halted projects and closed plants.

Abengoa Bioenergy still lists its U.S. headquarters in Chesterfield, where it employed about 260 people. However, reports in late 2015 said the company was closing that office.

Abengoa’s infrastructure and its engineering and construction arm also had offices in Chesterfield.

Read more: St. Louis Post-DispatchSt. Louis Business Journal


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