Abengoa’s management launches a desperate proposal to avoid liquidation, with a draconian haircut and a proposal for two new investors, Sinclair and RCP, with good words but little concreteness.

The Abengoa soap opera has entered the delirium phase. Late yesterday, the management of the group, which has already entered the liquidation phase, informed the National Securities Market Commission (CNMV) that it has filed an appeal against that decision.