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Abengoa Yield Announces Second Asset Dropdown From Abengoa

2015-02-10 09:35:55| Paper - Topix.net

Abengoa Yield plc , the sustainable total return company that owns a diversified portfolio of contracted assets in the energy and environment sectors, today announced that it has entered into a definitive agreement with Abengoa, S.A. to dropdown a second set of assets for a total amount of approximately $142 million of equity value. The transaction has been approved by Abengoa Yield's board of directors, with the approval of independent directors, and by Abengoa's board of directors.

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