Abengoa in Mexico

ABENGOA

MEXICO

Innovative Technology Solutions for

Sustainability

México D.F., 2015

Corporate Presentation

Global Abengoa

Engineering and Construction

70-year experience in energy infrastructures

Own Know-how

Worldwide EPC leader for T&D project

1

Concessional infrastructures

Solar, transmission lines, desalination, cogeneration and others

Low market risk

25-year average contracts term

2

Industrial production

Market leadership in Biofuels, obtained from grains, sugar cane and biomass

High-growth markets

Processes and patented enzymes

3

We develop these 3 main activities into 2 high growth sectors

R&D BD EPC O&M

Energy Environment Renewable

Power Generation

Conventional Power

Generation

Power Transmission &

Distribution

Biofuels

Water Treatment & Desalination

2

We are an international company that applies innovative technology solutions for sustainability in the energy and environment sectors

Abengoa at a Glance

Attractive growth sectors Energy & Environment

2

Revenues in Dec’14 and Jun’15, with a 1.4 B€ and 650 M€ EBITDA respectively

7.1 B€ & 3.4 B€

Q1’13 Revenues

1,850 M€

North America 28%

Spain 14%

10%

3%

EU

Latam 36%

9% Africa

Attractive End Markets – as Jun’15 Figures

Concessions 8%

E&C 64%

Industrial Prod. 28%

+50 Countries with local presence & operations

Employees worldwide

+24,700

Revenues

Concessions 28%

E&C 70%

Industrial Prod. 2%

EBITDA

R&D invested in 261 patents

+425 M€

US & Spain Listed

NASDAQ October 2013

IBEX 35 since 2010

Geographically Diversified – As Jun‘15 Revenues

ME, Asia & Oceania

3

Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB) focuses its growth towards the creation of innovating technologies that contribute in sustainable development

Value creation

Our fully integrated value chain allows us to develop and maintain significant competitive advantages and deliver premium returns

4

R&D+Technology Business

Development Operation & Maintenance

E&C

Contract Secured Commercial Stage COD ABENGOA YIELD

LT Equity Partner

Excellent operation

Preventive maintenance

Maximize cash flow generation

Disruptive R&D

Target 1: cost reduction

Target 2: efficiency increase

Pilot and demo plants

Find new opportunities

Customer education

Pre-engineering

Proposal preparation

Initial development stage

Basic and detailed engineering

Construction

Commissioning

Long term financing

Performance guarantees

5

Awarded by 2014 as …

1st international contractor in T&D since 2008

1st international contractor in Electrical infra.

1st international contractor in Solar energy

2nd international contractor in Cogeneration

2nd international contractor in Water treatment

3rd international contractor in Water pipelines

70-year experience in developing complex turnkey projects. We focus on creating value for the company by getting involved in sustainability indices

12 kg

Action plans: 1. Permanently Reducing

emissions 2. Labelling of products

and services

Inventory of Greenhouse gases

emissions

Corporate Social Responsibility

Social action PE&C

Report as

GRI G4

Positioning and Responsibilities

5

Economy

Environmental Social

RSC

(Source: IDA Desalination Yearbook 2013-2014)

Solar Technology

Fist super heated tower system project

First molten salt tower project

Solana project online with 6 hour storage system

Bioenergy Tech.

W2B pilot plant in Spain

Enzymatic hydrolysis yield > 70 gal/ton biomass

B-Butanol production process at bench scale

Water Technology

Design own prototype modes for filtration per membrane system

Chemical precipitation process + membrane filtration system to concentrate brine sub-product

Significant Technological Milestones Already Achieved…

Molten Salt & Hybrid

Solar Towers

Ultra-micro Filtration Systems

Butanol

W2B Energy crops Hydrogen

Proven Technology Leadership

Technology is our growth engine, providing innovative solutions to create value and keep our leadership position

6

269 Patents(1)

…while Continuously Developing New Cutting Edge Technologies 91 91

425

2011 2012 2013 2014

598 Constant R&D investment (M€)

(1) Patents applications of which 116 have been granted

1981 - 1984 Abengoa Mexico foundation stage 1985 1st public contract with the Mexican Petroleum Institute 1986 - 1990 Obtaining contracts with the federal government and private companies

1991 - 1994 Activities in construction of transmission lines with CFE 1995 Signature of the first Project-Finance with CFE

2000 Inauguration of our steel structures factory: Comemsa 2000 - 2004 OPF*’s Major contracts OPF* for CFE

34 years creating value through strategic activities, project development for our customers and the commitment with our stakeholders

Abengoa’s track record in Mexico

2004 - 2008 Maritime terminal Dos Bocas CC plant El Sauz - 414 MW Railway electrification Buenavista-Cuautitlán

2009: Award of Centro Cultural Mexiquense Bicentenario

2011: Award of: CC plant of Centro Morelos Solar-gas hybrid plant Agua Prieta II

2010 First photovoltaic (COP16) project

2012: Award of Zapotillo aqueduct 2013 Award of Nuevo Pemex Cogeneration 3rd Train 2014: Award of Tres Mesas wind farm Nuevo Pemex CC plant

2015: Award of Norte III CC plant Cogeneration Salina Cruz

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Nuevo Pemex Cogeneration

Energy

Generation

Transmission &

Distribution

Water and

Environment

Industrial

Plants

PPP

Buildings

Renewable

Energy

We specialize in developing energy and environment projects, both in Engineering, Procurement and Construction contracts, as well as financed projects

Key activities developed in Mexico

TL from 13.8 kV until 400 kV

Substations and Bays

Fiber optic cables

Electrification in transportation

Wind farms

Solar projects

Mini hydro power plants

Bioenergy

Processing plants

Hydrocarbons pipelines

Storage terminals

Pumping / compression plants

Cogenerations

Combined cycles

Solar-gas hybrid plants

Aqueducts

Desalination plants

Water treatment plants

Civil works in Public-Private

Partnership

Cultural centers, Hospitals...

8

Overall project references

Conventional energy

Clean energy

Power Transmission - Substations

PPP Buildings – O&M

Water

Industrial plants

8 projects / 1.2 GW (900 MW under development)

6,574 km of TL from 13.8 kV until 400 kV 4,942 MVA - 938 MVAr’s – 323 feeders of Substations

Project of Centro Cultural Mexiquense Bicentenario

Concession of Zapotillo aqueduct

11 projects, 9 of them with Pemex (PR, PGPB, PEP)

2,226 employees of

Abengoa in Mexico,

within 8 subsidiaries

9

13 projects / 4.4 GW (3 GW under development)

Our 7 assets in Mexico

Centro Cultural Mexiquense Bicentenario

Building Operation

Investment: 65 MUSD Concession: 21 years

10

Zapotillo Aqueduct

Water Distribution

140 km


Combined Cycle Norte III

Power Generation

924 MW

Cogeneration Plant Salina Cruz

Power Generation

517 MW

Power generation complex in Tabasco:

- Efficient Cogeneration Plant A3T with 265 MW

- Combined Cycle ACC4T with 680 MW

Investment: 2 BUSD Concession: 20 years


ABENGOA


Cogeneration Plant ACT - Nuevo Pemex

Power Generation

300 MW


11

Additional generation references

640 MW combined cycle

440 MUSD contract

Centro Morelos

Abengoa also develops the EPC in generation projects in different technologies

First hybrid solar-gas plant in Mexico

14 MW – supported by UN

Agua Prieta II Total capacity of 148.5 MW

First wind farm of Abengoa in Mexico

Tres Mesas wind farm

Conventional generation

42 MW – 91 MUSD

Baja California Sur IV

Private client

Abengoa in Mexico

Technology

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