Abengoa developed the Shams 1 concentrating solar power (CSP) plant, one of the world’s largest such projects, in cooperation with French energy giant Total and Masdar, Abu Dhabi’s state-owned renewables firm.
The Seville-based group filed for creditor protection in Europe in November.
It needs to free up roughly 300 million euros ($335m) of liquidity by the end of March to cover its operating costs, with about half of that to be funded by the sale of non-strategic assets, according to Reuters.
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