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Abengoa Agrees To Sale Of Its 40 Percent Stake In Telvent To Schneider Electric

Abengoa (MCE: ABG) is an international company that applies innovative technology solutions to sustainable development in the energy and environment sectors, generating electricity from the sun, producing biofuels, desalinating sea water and recycling industrial waste. ( www.abengoa.com)

About Telvent

Telvent (NASDAQ: TLVT) is a global IT solutions and business information services provider dedicated to helping improve efficiency, safety and security for the world's leading companies. Telvent serves markets that are critical to the sustainability of the planet, including the energy, transportation, agricultural and environmental sectors. ( www.telvent.com)

About Schneider Electric

As a global specialist in energy management with operations in more than 100 countries, Schneider Electric offers integrated solutions across multiple market segments, with leadership positions in public utilities and infrastructure, industry and OEMs, non-residential buildings, data centres and networks, and residential applications. Focused on making energy safe, reliable, efficient and clean, the Company's more than 110,000 employees achieved sales of euro 19.6 billion in 2010 through an active commitment to helping individuals and organisations "Make the most of their energy™". ( www.schneider-electric.com )

SOURCE Abengoa

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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