Abengoa announces exercise of greenshoe option
WASHINGTON, June 16, 2014 /PRNewswire/ -- Abengoa (MCE: ABG.B/P SM / NASDAQ: ABGB) ("Abengoa"), the international company that applies innovative technology solutions for sustainability in the energy and environment sectors, has announced today that the underwriters of the previously announced offering of 24,850,000 ordinary shares of Abengoa Yield plc (NASDAQ: ABY) have exercised in full their over-allotment option to purchase an additional 3,727,500 ordinary shares from Abengoa.
Including the exercise of the over-allotment option, Abengoa Yield's offering amounts to a total of 28,577,500 ordinary shares, representing a gross total of $ 828,747,500 before fees.
Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB) applies innovative technology solutions for sustainability in the energy and environment sectors, generating electricity from renewable resources, converting biomass into biofuels and producing drinking water from sea water. (www.abengoa.com)