UPDATE: Abengoa (ABGB) Said Seeking to Sell Stalled Brazil Projects

December 30, 2015 4:56 PM EST
(Updated - December 30, 2015 5:03 PM EST)

Abengoa (NASDAQ: ABGB) said seeking to sell stalled Brazil projects, according to Reuters.

UPDATE - The company is seeking sales after it filed for creditor protection, sources noted.

The company said: In Brazil, Abengoa is in permanent contact with local authorities to find a solution for our company’s projects that are in development in the country.

Abengoa shares ended Wednesday's session down 12.3 percent.



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