(ADPnews) - Jul 6, 2010 - Spanish engineering company Abengoa (MCE:ABG) surged by 8.6% to EUR 17.935 on the Madrid stock exchange on Monday after US President Barack Obama said on Saturday the Energy Department would grant USD 1.45 billion (EUR 1.157bn) loan guarantee to Abengoa Solar to build a 250 MW concentrating solar power (CSP) plant in Arizona.