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Some 200 Abengoa workers gather before the Government Subdelegation until they have "a solution"

SEVILLA, 27 Jun.

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Some 200 Abengoa workers gather before the Government Subdelegation until they have "a solution"

SEVILLA, 27 Jun. (EUROPA PRESS) -

About 200 workers from the companies Abengoa Agua, Abengoa Energía. Solúcar, Inabensa and Abenewco1 CPA, companies derived from Abengoa, declared in voluntary bankruptcy after closing 2019 with a debt of 4,783 million euros, almost 6,000 million taking into account debts of projects for sale, hold a concentration this Monday before the Subdelegation of the Government in Seville until having "a solution" for the company.

And it is that for this Monday the last meeting of the council of ministers is scheduled, prior to the completion of the phase of proposals for an agreement of the bankruptcy procedure in which the Sevillian technological multinational has been immersed, with Ernst

Said meeting, according to the staff, constitutes the "last bullet to redirect a situation" that the entity is going through, which hopes that the State Company for Industrial Participations (SEPI) agrees to inject into Abenewco1, the subsidiary that groups the main lines of activity of the multinational, the 249 million euros requested within the refloating operation planned months ago.

This, in a context in which the Third Section of the Commercial Court of Instance of Seville, in charge of the voluntary bankruptcy requested by Abengoa after the restructuring agreement agreed in August 2020 failed; Weeks ago, it ordered the opening of the agreement phase, setting July 1 as the final date for the presentation of agreement proposals.

In this scenario, the offer from the US fund Terramar to inject 200 million euros into Abenewco1 weighs, with which it would acquire 70 percent of the share capital of this subsidiary that concentrates most of the group's business lines, a connected operation in turn with said request for rescue to the State Company of Industrial Participations, to capture 249 million euros in favor of Abenewco1 and thus revive the multinational.

For the time being, SEPI has communicated that it does not see certain eligibility requirements for granting the aid of 249 million euros requested for Abenewco1, although the multinational has made arguments to refute such point and the state entity must pronounce itself again.

Keywords:
Abengoa