Yahoo Finance's Julia La Roche sits down with executive chairman and former CEO of Starbucks Howard Schultz
|Bid||0.036 x 588000|
|Ask||0.037 x 620000|
|Day's Range||0.035 - 0.037|
|52 Week Range||0.028 - 0.969|
|PE Ratio (TTM)||-0.02|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Brazil's Mines and Energy Ministry has canceled nine licenses to build transmission lines that had been granted to Spain's Abengoa SA after the company abandoned construction works in 2015, a senior official said on Wednesday. The decision formalizing cancellation of the licenses was published in the Wednesday edition of the official gazette.
Brazil's electricity watchdog Aneel expects a further delay in the construction of 6,000 kilometers of power lines licensed to Abengoa SA, raising concern over the reliability of the country's grid as a massive new dam comes online, according to an internal document seen by Reuters. Abengoa halted construction of the transmission lines in 2015 amid a financial crisis at its headquarters in Spain which was followed by a bankruptcy filing at its units operating in Brazil.
Rating Action: Moody's affirms Atlantica Yield's B1 CFR; outlook changed to stable. Global Credit Research- 31 Mar 2017. Approximately USD250 million rated debt impacted.