Abengoa requires money to continue trading

STRUGGLING Abengoa, the engineering company which is in dire straits, has revealed that it requires an injection of €1.35 billion to allow it to continue to trade during 2016, and will need a similar amount to see it through 2017. If this is possible then the restructured company expects to be able to grow and to have a ‘paper’ value of more than €5 billion.