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Standard & Poors upgrades Abengoa's rating

SEVILLE, Spain, July 3, 2015 (GLOBE NEWSWIRE) -- Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB), the company that applies innovative technology solutions for sustainability in the energy and environment sectors, has had its credit rating upgraded by one notch by the rating agency Standard & Poors (S&P).

S&P has revised the rating of Abengoa from B to B+ with a stable outlook. Santiago Seage, CEO of Abengoa, said, "this improvement in Abengoa's rating involves the validation of the financial plan undertaken by the company in the past year and should help reduce our financial costs."

About Abengoa
Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB) applies innovative technology solutions for sustainability in the energy and environment sectors, generating electricity from renewable resources, converting biomass into biofuels and producing drinking water from sea water. (www.abengoa.com)

Communication Department:
Patricia Malo de Molina Meléndez.
Tel. +34 954 93 71 11
E-mail: communication@abengoa.com
Investor relations:
Ignacio García Alvear.
Tel. +34 954 93 71 11
E-mail: ir@abengoa.com

You can also follow us on:

@Abengoa

And on our blog: http://www.laenergíadelcambio.com/

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Source:Abengoa