Abengoa has closed the sale of 100% of its Befesa subsidiary to funds advised by Triton following approval by regulatory authorities.
Abengoa says the transaction worth EUR 620 million is another step in its strategy to focus on the engineering, development and operation of solar-thermal plants, water desalination plants, transmission lines and biofuel production plants. Befesa is an industrial waste management company with plants throughout Europe, South America and Asia.
