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Spain's Abengoa Solar goes bankrupt just before Paris COP21
Posted
November 28, 2015
Views
17,052
Likes
265
Comments
103
Engagement
2.16%
November 28, 2015
17,052
265
103
2.16%
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Ezra Levant of TheRebel.media reports:
One of the things we’re going to hear during the Paris Climate Conference is how we need to be more like Europeans when it comes to green energy.
Here's one headline: "Spain Got 47 Percent Of Its Electricity From Renewables In March." Abengoa, one of Spain’s wealthiest companies, has solar plants all around the world.
Except today this is the number one news item in Spain: Abengoa is bankrupt. Nine billion Euros in debt — that’s about $14 billion. 27,000 employees. The largest bankruptcy in Spanish history.
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