Day of Reckoning for Abengoa’s San Antonio Water P3

Posted on March 9, 2016 by Bill Reinhardt

Facing possible liquidation soon, Spain’s Abengoa is discussing terms of a 20/80 partnership with a number of equity funds in an attempt to hold together its Vista Ridge water supply project in San Antonio, the first major water P3 in Texas.

The fate of the  $844-million DBFOM project rests with creditors in Madrid and on continued support from the city for the deal it struck in 2014. As with everything related to Abengoa, any deal in San Antonio has to happen quickly.

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About Bill Reinhardt

Editor of Public Works Financing newsletter
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