INABENSA

INABENSA

Your partner in industrial engineering and construction

May 2013

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Index

Abengoa

Abeinsa

Inabensa. Our activities

Inabensa. Our position in the market

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ABENGOA

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Sales FY 2012

€ 7,783 M

Abengoa (MCE: ABG) is an international company that applies innovative technology solutions for sustainability in the energy and environment sectors, generating energy from the sun, producing

biofuels, desalinating sea water and recycling industrial waste

Brazil

Spain

Rest of Europe

US

Asia & Oceania

Africa

Rest of Latin America

Geographies

EBITDA FY 2012

€ 1,246 M

Concession-type infrastructures

E&C

Industrial production

7.783 M€

Sales

10 % (7.089 M€ FY 2011)

1,246 M€

EBITDA

13 % (1,106 M€ FY 2011)

125 M€

Net income

51% (257 M€ FY 2011 )

3.2x

Corporate net debt - corporate EBITDA

3.4x since September 2012

Key financial highlights

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Our business

Engineering and construction (E&C)

70 years of experience in energy infrastructures

Proprietary know-how

Leading international contractor in T&D

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Concession-type infrastructures

Solar, power transmission, desalination, cogeneration and others

Very low market risk

25 years off-take contracts ahead

2

Industrial production

Biofuels, industrial waste recycling

High growth markets

Market leading positions

3

Abengoa business is composed of three key areas

Energy Environment

Develops these key activities in two high-growth sectors

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ABEINSA

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Overview

Abeinsa is Abengoa’s (MCE: ABG) engineering and construction company

Energy

CSP 20 MW Tower (Seville, Spain)

200,000 m3/day desalination plant (Honnaine, Algeria)

Environment

Power Transmission

Solar

Cogeneration

Combined Cycles

Biofuels

Desalination

Water Treatment

Hydraulic Infrastructures

Sectors Regions

Revenues (%)

Note: figures as at February 2012

Personnel (14,166 people)

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Activities

Engineering and construction

Concession-type infrastructures.

70 years of experience.

Proprietary “know-how”.

1st international contractor in power, transmission and distribution, solar power plants, and cogeneration plants.

Abeinsa New Horizons

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Successful strategy based on three activities

Energy

Equipment

Services

Environment

Transport

Power generation

Water

Transmission lines

Singular buildings

Ocean energy

Valuation of CO2

Energy storage

Energy efficiency

Highly-innovative R&D

Power generation plants, power transmission lines, hydraulics infrastructures and singular construction.

Very low market risk.

R&D focused on creating solutions for sustainable development.

Development of emerging businesses.

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Infrastructures and installations

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Manufacture

Concessions and services

We construct large transmission lines as well as communication networks and railway infrastructure.

From our workshops in Spain (Seville and Alcalá) and China (Tianjin), we manufacture innovative, high added value products.

We provide the promotion, construction, operation and maintenance of infrastructures and public services within the singular buildings, renewable energy and energy efficiency sectors.

We develop any type of electrical or mechanical installation for the all of industrial sectors.

Transport and networks 1

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Our activities

Inabensa's activity is centered around four lines of business:

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Transport and networks

Our transport and networks business line includes transmission lines, communications

and railway departments.

Electricity transmission

Railways

Communications

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Our activities

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Engineering and maintenance projects for all kinds of transmission lines from medium to high voltage.

Capacities

EPC of high and very high voltage transmission lines.

Alternating and direct current projects.

Voltage and close proximity work.

Operation and maintenance of lines.

Main references

220 kV HVL of 1,300 km, from the Electrical Interconnection System in Central American Countries (SIEPAC, as its Spanish acronym): countries involved Guatemala, Panama, Costa Rica and Nicaragua.

400 kV single circuit duplex HVL of 99 km , Leskovac-Macedonian border.

132 kV HVL of four circuit (duplex and quadruple) lines Fujairah-Dibba in the UAE of 45 km.

400 kV single circuit duplex HVL Sirte-Ra’s Lanuf-Benghazi in Libya of 575 km.

Hoisting and stringing works for 400 kV HVL of 21 km, section 2, Penagos-Gueñes in Cantabria.

Two 200 km sections, each from the bipole ± 800 kV direct current Biswanath Chariyali-Agra line, with 6 conductors per pole (in progress).

132 kV HVL from 330/132 kV SS Tomago to 132/33 kV SS Stroud Road of 67 km in Australia.

132 kV HVL ac Butwal - Kohalpur of 200 km and 132 kV HVL Middle Marsyangdi –Dumre - Damuli of 60 km in Nepal.

400 kV HVL ac Gooty - Madhugiri – Yelanka of 170 km in India.

Transmission lines

Transport and networks

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Capacities

Detailed design, erection, testing and commisioning of all the electric systems. Also maintenance.

Overhead equipment (OHE) (feeded with AC and DC) for railways, undergrounds and tramways.

AC and DC Substations and auto-transformation centres in 2x25 kV ac systems

Telecommunication systems, optic fibre and remote control.

Significative references

Zaragoza-Huesca High Speed Line. Catenary of 2x25 kV with C.A.V.E. technology. 86 Km length, for speeds upto 220 Km/h.

Motilla del Palancar-Albacete and Motilla del Palancar–Valencia. High Speed Line Catenary of 2x25 kV a.c. 223 km length.

Electrical Traction Subestations and associated auto-transformation centres for Barcelona-Figueras Section.

OHE Maintenance for Madrid-Zaragoza-Barcelona-French Frontier High Speed Line.

Communications: tunnels in Madrid-Lérida High Speed Line and in the «Cercanías de Madrid» tunnels.

Construction of the high speed railway line The Mecca – Medina in Saudi Arabia.

Automated People Mover (APM) system for King Abdulaziz International Airport of Jeddah in Saudi Arabia.

Overhead equipment and substations for conventional railways, high speed lines, underground and tramway. Railway department

Transport and networks

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Capacities

Conceptual, basic and detailed engineering.

Construction of infrastructures.

Supply of all types of communications equipment.

Installation and in situ testing.

Network operation and maintenance.

Main references

Deployment of mobile communications networks for Adif, both in new high speed and conventional lines .

Coverage of the GSM/DCS/UMTS system. Installation of the electrical system, radiating system, repeaters and BTS as well as fiber optic supply and fusion.

Corrective and preventative maintenance of infrastructures and equipment belonging to Orange's stationary and mobile network.

Installation and commissioning of communications systems and control for Metro de Madrid.

Supply, installation and implementation of the Tetra System in the tram network of Jaén(Spain) and solar plants.

Communications systems for the Shams I plant in Abu Dhabi (UAE).

Engineering of communications and control for the 265 MW photovoltaic plant in Imperial Valley, California (USA).

Supply of scoliometers for Abengoa solar power plants (Spain, Mexico and USA).

Launch, implementation and operation of telecommunication networks. Communications

Transport and networks

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Infrastructures and installations

Electrical maintenance and instrumentation (EMI)

Mechanical installations

Thermal and acoustic protection projects

Auxiliary works

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Our activities

We construct electrical infrastructures, we conduct mechanical installation and we carry out thermal and acoustic protection projects.

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EMI Execution and instrumentation of large-scale industrial electricity infrastructures along with the construction of electrical substations and maintenance works.

Capacities

Electrical installation and implementation in nuclear power plants.

Execution and re-powering of electrical substations.

Electrical infrastructures in airports and solar power plants.

Operation of wind farms.

Infrastructures in biodiesel and bioethanol power plants and airport infrastructures.

Installations and maintenance in all type of singular buildings.

Programmable automation and data centers

Main references

Traction substations and ten autotransformer plants for powering the AVE line between Barcelona and the french border.

Jeddah North West substation. Supply, construction and implementation of two 400kV SS/EE of reinforced GIS.

Electrical assembly, instrumentation, tracing, fiber optic and SS/EE lifts in both Campo Solar and the Power Island of solar power plants Helioenergy I and II and Solacor I y II (Spain).

Supply and installation of the 33/11 kV primary SS in Rahba for ADDC (UAE).

Supply, assembly and start-up, in the Solacor I y II, Helios I y II and Solaben I, II, III y VI solar power plants, of the seven 220/15 kV and their related 220 kV collector SS and of the electricity installations and solar field and power island instrumentation. (Spain).

Automation of the welding process for a new vehicle of PSA Peugeot-Citroën in Vigo (Spain).

New Data Center of Grupo Santander in Cantabria (Spain).

Infraestructures and instalations

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Mechanical installations Installation, mechanical assembly and maintenance in almost all industrial sectors.

Capacities Assembly of structures, equipment and piping in the industry's process and auxiliary

systems.

Prefabrication and assembly of thermosolar and photovoltaic plants.

Assembly of mechanical installations in singular buildings.

Mechanical maintenance in the industry.

Installations for energy efficiency improvement.

Main references

Prefabrication and assembly of piping for HTF systems, power islands, equipment, assembly of parabolic cylinder collectors and absorbing tubes in the Solnova 1, 3 and 4 and Helioenergy 1 and 2 thermosolar plants, all of an installed capacity of 500 MW (Spain).

As for installations, we have took part in the reformation project and updating of the installations within the old Vigil de Quiñones Hospital, Seville so that they could meet current requirements. We also took part in the assembly of mechanic installations at Campus Palmas Altas, Seville (Spain).

Assembly of distillation unit in the Hugoton bioethanol plant in Kansas (USA).

Construction of the Solaben I and VI thermosolar plants in Cáceres (Spain).

Infraestructures and instalations

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Protisa Design, execution and maintenance of insulation, refractories passive protection against fire along with the manufacture of fireproof mortar for passive fire protection.

Capacities

Industrial thermal insulation.

Supply and assembly of refractory materials.

Passive protection against fire.

Anticorrosive treatments, asbestos removal and sound insulation.

Main references

Passive protection against fire, ignifugado Sines Petrogal (Portugal). Supply and installation of EF 120 and EF 180 equipment and mortar in metal structures as well as supply and installation of ablative resin for cable racks and RF 20 tubing.

Industrial thermal insulation, Ain Beni Mathar Plant (Morocco). Supply and installation of insulation materials, piping protection, towers and equipment.

Insulation for thermosolar plant El Carpio I and II and CRS II (Spain).

Insulation for the 100 MW thermosolar plant Shams I in Abu Dhabi (UAE).

Insulation for the 280 MW thermosolar power plant Solana in Arizona (USA).

Environmentally Friendly Activities, Salvoy Plant (Espagne). Sound insulation, supply of sound screens and assembly of screen and auxiliary material.

Refractory repair in Vacuum and Plataformado units of Repsol in LaCoruña (Spain).

Infraestructures and instalations

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Auxiliary works

Capacities

Development of civil engineering work and construction in different sectors. These include energy, thermal and hydraulic power, industry, pipelines, railway, factories, construction, restoration, etc. Examples include:

Electrical and thermal energy plants, MV and HV cables.

Energy pants (renewable, cogeneration, etc...).

Substations and transformer stations.

Other installations and industrial plants.

Airport installations.

Petrochemical plant.

Restorations of buildings.

Development of public and private civil engineering works of many kinds.

Infraestructures and instalations

Areas of activity

The place and geographical concentration of works varies depending on an area's market. This means that the organisation of Auxiliary Works can be fully adapted to the demands of a particular market as well as the demands and individual requirements of a particular project.

Main references

Civil works for the Solaben I and VI power islands (Spain).

Technical supervision of the Riyadh 380/132/13.8 kV SS civil works in Saudi Arabia.

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Manufacture

CP Seville (Spain)

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In our production centres we designed, manufacture and test our electric and electronic products.

CP Madrid (Spain)

CP Tianjin (China)

Our activities

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Manufacture We manufacture equipment for the auxiliary electrics and electronics industry based on energy efficiency and sustainability.

Capacities

Manufacture of MV and LV switchboards, motors control centers, auxiliary services, control consoles and modular solutions for industry.

Ticketing and access control for the traffic, transport, defense, aeronautic, public space and energy sectors.

Main references

Homologation was obtained from GE International Inc. in the USA for the manufacture of PEECC for turbines.

Power room supply for PetroGalp.

Contract with General Dynamic SBS for the manufacture of electronic cards.

Inabensa Tianjin's contract with Automatic Gate Machines for China Railway for installation into Beijing-Shanghai's high-speed rail train stations.

Execution of earthed satellites test banks for RUAG.

Development of MV/LV electrical panels for the combined cycle plant of Centro Morelos (Mexico).

Design, manufacture and start-up of the control rooms and remote stoppage panels for plants in Fuqing, Fanjiashan and Hainan (China).

Our activities

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Concessions and services

We provide the promotion, construction, operation and maintenance of infrastructures and public services within the singular buildings, renewable energy and energy efficiency sectors.

Construction, operation and maintenance

Renewable energy and energy efficiency

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Promotion and financing

Our activities

Zeroemissions

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We promote sustainable construction and we install systems that ensure energy efficiency and financial savings. Construction O&M

Capacities

Construction of buildings that are then handed over to investee companies who undertake their maintenance and operation.

Government office buildings, hospitals, cultural centres, prisons, courts and special buildings.

Improvements in infrastructures public services.

Developing capacities and systems for building management.

Main references

Project Management, construction works, complimentary infrastructures and partial operation of the Hospital Costa del Sol en Marbella (Malaga, Spain) for the Consejería de Salud de la Junta de Andalucía (Andalusian Autonomous Government Ministry of Health).

Extension of the Conference and Exhibition Centre in Seville (Fibes) (Spain).

Foundations, structure and earth network for the Pelli Tower in Seville (Spain).

Construction of regulation lakes for Grupo Santander in Boadilla del Monte (Spain).

Operation and maintenance of the Mexiquense Bicentennial Cultural Centre in Texcoc (Mexico), the 8 MW Brigadel photovoltaic plant (France), provision of comprehensive non-assistance services in the Tajo Hospital (Madrid) and the comprehensive maintenance of the court building in Olot (Gerona), Cerdañola and Santa Coloma (Barcelona).

Concessions and services

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We install clean energy through renewable, photovoltaic and wind sources and we implement systems that bring about energy savings. Renewable energies

Capacities

Photovoltaic solar energy

Engineering (basic and detailed), installations, etc.

Eolic energy

Promotion and execution of installations.

Energy

Auditing, project design, construction and installation.

Main references Las Cabezas 6MW photovoltaic plant (Seville, Spain) with axis tracking for Abengoa Solar .

Assembly work for the Institute of Concentration Photovoltaic Systems (ISFOC) of the “Flatcon Power Plants II” Puertollano (Ciudad Real, Spain), which have three photovoltaic systems of 100kW each with concentration technology.

Tendor for the 50MW Peralta Wind Farm in Uruguay.

Energy efficiency, trigeneration plants in Abengoa's headquarters in Seville (Spain), air-conditioning,efficient lighting and savings control systems.

Design, construction and start-up of the 265 MW photovoltaic plant in Imperial Valley, California (USA).

Concessions and services

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Provides global solutions for climate change through the promotion, development, and trade of carbon credits, corporate carbon strategy, carbon offset services and innovation in technologies for greenhouse gas reduction.

Capacities

Carbon credict generation (Clean development mechanism (CDM) and Voluntary market).

Carbon strategic consulting.

Inventory, carbon footprint and neutralization.

Emissions portfolio management.

Sustainable mobility planning

Training in the areas mentioned above.

CDM main references Small hidraulic plants: Santiago in Colombia, Shaanxi Dan River 10 and 14 MW in China,

Baimanxia in China, PoA México, PoA hidros Colombia with Proeléctrica.

Wind parks: Contour Global and Energisa in Brasil, with Teyma-Inabensa in Uruguay, Pushpit in India.

Avoided methane: methane from animal waste: Santa Marta in Chile (poultry), methane from landfills: El Alto in Chile and methane from organic waste industry: Yurimaguas in Perú.

Energy efficiency: replacement of bulbs for more efficient ones: CFL Gujarat

Biomas cogeneration: rice husk in Brazil (SLC Food)

Transmission line of the Amazon: new methodology for reduced emissions accounting and project record.

Other references Urban mobility plans of workers: CPA and Airbus Military.

Concessions and services

Zeroemissions

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Technology and innovation In line with Abengoa’s policy, and as a reflection of its commitment to sustainable development and the struggle against climate change, Inabensa and its R&D&i department lead technological projects and platforms in the areas of research, development and innovation.

Main activities

Energy efficiency/energy storage.

Capture and reuse of CO2.

Electromobility.

ICT (Information and communication technology).

Aerospace.

Main references

FerroSmarGrid project : Development of the first smart grid for energy management in the railway sector.

Sigeb project : Intelligent system of battery management.

Stratech project : Integration of an efficient management system of energy from renewable sources built-in EV charging infrastructure, through the development of new storage technologies, ICT `s bidirectional.

Hetmoc project : Highly efficient tubular membranes forOxy-combustion.

AvantO2 II project : New generation of advanced ion transport membranes applied to separation processes oxygen for oxyfuel systems integration.

Demanes project : Design, monitoring and operation of adaptive networked embedded systems.

I3RES project : ICT-based Intelligent management of Integrated RES for the smart grid optimal operation.

R+D+I

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INABENSA

Our position in the market

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Main figures

Sales

Internationalisation 1

The key to growth

Innovation 2

Interaction

Added value

Increasing the weight of international activity.

Strong commitment to innovation and technological development.

Taking advantage of commercial interation: every product in every area.

Commitment to high potential products and added value.

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Human Resources 2,476

Our growth is based on internationalization, diversification and our commitment to technological innovation.

Contracting

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Headquarters

Permanent presence

China

India

Spain

Morocco

France

Saudi Arabia

Australia

Abu Dhabi

USA

Oman

South Africa

Global presence

Currently operating in more than 25 countries with more than 2,500 highly qualified staff, Inabensa is able to undertake projects across the world.

We have an extensive network of subsidiaries and permanent establishments in:

Turkey

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Corporate social responsibility

We are committed

to quality,

innovation,

sustainability and

occupational risk

prevention

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Systems and certifications

Quality management system:

EFQM 400+ "Committment to Excellence", certificate CEG/RE04/0001/11.

Registered Company Certificate under ISO- 9001:2008;

ref.- ER-0420/1995.

Certificate under PECAL/AQAP 2120:2003;

ref.- EXP 8112/02/98/01.

Environmental management system:

Environmental Management Certificate under ISO 14001:2004, ref.- GA-2003/0026.

Inventory of Greenhouse Gas Emissions under UNE 14064 and GRI System indicators.

R+D+I management system:

R+D+I Management Certificate under UNE 166002:006,

ref.- IDI-0076/2010.

Occupational risk prevention system:

Occupational Risk Prevention Certificate under OHSAS 18001:2007, ref.- SST-0074/2008.

Committment to excellence +400:

ISO 9001 Stamp ISO 14001 Stamp

OSHAS 18001 Stamp R+D+I Stamp

Inabensa is highly committed to quality, innovation, sustainability and occupational risk prevention.

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Prizes and acknowledgements

Cemex Foundation's 'Sustainable Supply Chain' Award , Special mention in the large companies section, 2011.

Achilles Most Sustainable Provider Award (RSC), 2010.

General Electric Award for Excellence in Efficiency, 2009.

Outstanding Technologies Partner Award, from Huawei in 2009.

Best New Supplier Award, from General Electric in 2008.

Good Practice Award in Occupational Risk Prevention, from the Department of Employment and the General Directorate of Occupational Health and Safety of the Regional Government of Andalusia in 2008.

National Safety Award, granted by the Accident Prevention Association (APA) in 2008.

Andalusian Award for Systems Management Excellence, granted by the Andalusian Regional Ministry of Innovation, Science and Entreprise, 2007.

Iberdrola's Supplier of the Year Award, in the environment category in 2007.

Sustainable Provider Award 2011

Archilles South Europe Day III

Excellence in Efficiency Award

From GE in 2009

Inabensa boasts an extensive range of prizes and acknowledgements.

INABENSA

INABENSA

Your partner in industrial engineering and construction

May 2013

Thank you!