Net profit rose to €54.1m compared to €41m during the first quarter of 2009.
Revenue at Abengoa’s solar-energy division more than doubled to €41m from €17m in the first quarter of 2009, while ethanol sales jumped by 53%, the company said.
New ethanol refineries in Indiana and Illinois added to U.S. sales of the fuel, which more than doubled from a year earlier to 77.1
