Abengoa and EIG Global Energy Partners to invest in a portfolio of select Abengoa projects, including initially renewable and conventional power generation.

Abengoa, the international company that applies innovative technology solutions for sustainability in the energy and environment sectors, and the energy and infrastructure investor EIG Global Energy Partners have agreed to invest in a portfolio of select Abengoa projects, including initially renewable and conventional power generation and power transmission assets in Chile, Mexico and Brazil. Financial terms were not disclosed. This strategic alliance allows these two global groups to join up forces to finance power and infrastructure projects under construction around the world. Abengoa and EIG have maintained a successful relationship since 2007 when EIG co-invested with Abengoa for the development of an ethanol plant in France.