Abengoa has announced it obtained financing for an amount of US$90 million through the issuance of bonds without endorsement in the Uruguayan capital market.

This financing method will be the first public-private cooperation experience in Uruguay, according to the company in a press release.

The projects consist of the design, construction, equipment, financing, maintenance, cleaning, food, laundry and grocery store services of a new penitentiary institution for 2,000 inmates.