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ABENGOA WINS ORDER FOR $393 MILLION BELGIAN BIOMASS PLANT

ABENGOA WINS ORDER FOR $393 MILLION BELGIAN BIOMASS PLANT

Nov. 5 (Bloomberg) — Abengoa SA, a Spanish energy and environment company, won a contract to build one of Europe’s largest biomass projects for the utility Belgian Eco Energy NV.

The 215-megawatt combined heat and power plant in Ghent will cost at least 315 million euros ($393 million) to develop, Seville-based Abengoa said today in an e-mailed statement. The facility will use wood chips and agricultural residue as feedstocks, it said.

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Abengoa, whose works include power lines, water plants and solar projects, has biomass plants in Europe, Latin America and the U.S. Last month, the company opened its first facility that makes biofuel from crop waste, a $500 million plant in Kansas.

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To contact the reporter on this story: Marc Roca in London at mroca6@bloomberg.net

To contact the editors responsible for this story: Randall Hackley at rhackley@bloomberg.net; Reed Landberg at landberg@bloomberg.net

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