- Business
- Abengoa, S.A. (AGOAF) provides engineering, procurement, and construction services together with concession-type infrastructures for sustainable energy, water management, and industrial projects worldwide; its core offerings encompass turnkey engineering for thermo-solar plants, solar-gas hybrid plants, conventional generation facilities, biofuels plants, desalination plants, transmission lines, and water infrastructures, alongside operation and maintenance of power purchase agreement-backed assets including solar, cogeneration, wind, and desalination facilities. Founded in 1941 and headquartered in Seville, Spain, the company operates across Europe, North America, South America, Africa, and the Middle East through segments such as engineering and construction, which develops solar thermal technologies, hydrogen solutions, and energy crop management, and concession infrastructures focused on long-term take-or-pay contracts for energy generation and water treatment. In recent years, Abengoa underwent significant financial restructuring, declaring insolvency in February 2021 followed by bankruptcy proceedings, culminating in the acquisition of its productive units and assets by Cox Energy in April 2023 for 564 million euros with creditor and court approval in June 2023, enabling integration into Cox ABG Group operations that preserve over 9,500 jobs and provide 3.2 billion euros in future workload; as of 2025, its legacy engineering capabilities support Cox's expanded renewable energy and water projects, including desalination expansions in regions like Western Sahara.