Davis Polk advised the initial purchasers in a Rule 144A and Regulation S offering by Abengoa Finance, S.A.U. of €375 million 7.00% senior notes due 2020. The notes are guaranteed by Abengoa, S.A. and certain subsidiaries of the Abengoa group. 

Abengoa, S.A., headquartered in Seville, Spain, is a leading engineering and clean technology company with operations in more than 50 countries worldwide that provides innovative solutions for a diverse range of customers in the energy and environmental sectors. Over the course of its 70-year history, it has developed a unique and integrated business model that applies its accumulated engineering expertise to promoting sustainable development solutions, including delivering new methods for generating power from the sun, developing biofuels, producing potable water from seawater and efficiently transporting electricity.  

The Davis Polk corporate team included partners Michael J. Willisch and Jeffrey R. O’Brien and associates Sonia Rodríguez, Radoslaw Michalak, Thomas K. Wiesner II and Kennard L. Noyes. The tax team included partner John D. Paton and associate Lena X. Qiu. Members of the Davis Polk team are based in Madrid and London offices.