[TLI]

Brazil and Mexico were the two countries that bore the brunt of the fallout from Abengoa’s financial collapse. In Brazil, 2,300 Abengoa workers – 42.5% of the workforce – were laid off in the first few weeks. The response of the Brazilian government was to threaten to embargo Abengoa’s Brazilian assets, including the seven electricity transmission lines it operates and another nine that are under construction. In Mexico, Abengoa’s subsidiary defaulted on tens of millions of dollars worth of debt, resulting in a flurry of investor lawsuits.

Aah... yet another green energy "miracle."

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