Spain's Abengoa to raise 450 million euros with U.S. share offer

Reuters

MADRID, Oct 17 (Reuters) - Spanish renewable energy andengineering firm Abengoa will raise 450 million euros($607 million) by issuing shares on the Nasdaq stock exchange,the company said in a statement released on Thursday by Spain'smarket regulator.

Abengoa, which had initially hoped to raise 385 millioneuros through the operation, will issue 250 million new sharesat a price of 1.8 euros each, it also said.

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