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Abengoa to acquire 25% of GreenTech

Abengoa has acquired 25% of the Beijing-based water company, GreenTech. The deal is currently under the standard review process by the Chinese Government and is expected to be approved in the second quarter of the year. Its current clients range from the municipal sector to the industrial sector, and the company has over 40 references in water treatment with a combined capacity of 2.1 million cubic meters per day.