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| Type | Public (BMAD: ABG) |
|---|---|
| Founded | 1941 |
| Headquarters | Seville, Spain |
| Key people | Felipe Benjumea Llorente (Chairman of the board and CEO) |
| Industry | Technology, engineering |
| Products | Solar energy and bioenergy devices, IT, water and waste treatment, construction of telecom networks, power stations, infrastructure |
| Revenue | €3.214 billion (2007)[1] |
| Profit | ▲ €120.4 million (2007)[1] |
| Employees | 13,608 (2006)[1] |
| Website | www.abengoa.com |
Abengoa (BMAD: ABG) is a Spanish multinational corporation, which includes companies in the domains of energy, telecommunications, transportation, and the environment. On September 15, 2007, The Economist reported that Abengoa is looking to enter the concentrating solar power market in the United States.
The company was founded by Javier Benjumea, and is based in Seville, Spain.
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Befesa is an Abengoa subsidiary, specialising in the integral management of industrial wastes and the generation and management of water.
Abengoa has joint venture biofuel plants with Ebro Puleva- Dosbio 2010. [2]
Abengoa began its involvement in the development of solar technologies in 1984 with the construction of the Solar Almeria Platform in Spain.
Abengoa Solar has announced the award of two R&D projects in the field of Concentrating Solar Power (CSP) by the US Department of Energy that total over $14 million. The goal of the DOE R&D program, working in collaboration with partners such as Abengoa Solar, is to develop C.S.P. technologies that are competitive with conventional energy sources (grid parity) by 2015 [3].
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