Innovative technology for sustainability

ABENGOA

INABENSA

Corporate presentation

February 2016

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ABENGOA

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Abengoa Our commitment

Abengoa focuses its growth on the creation of new technologies that contribute to sustainable development by …

o Generating energy from renewable resources

o Converting biomass into biofuels and producing drinking water from sea water

o Creating infrastructures respectful with the environment

o Promoting new development and innovation horizons

To achieve this, in Abengoa… o We invest in research, development and innovation (R&D&I)

o We expand big potential technologies

o We deevelop the necessary talent by attracting and retaining the best people (about 26,000 employees)

o We devote financial and human resources to promoting social action policies that contribute to social and human progress

Abengoa's commitment to sustainable development is a priority in all its activities. We try to reduce the impact of our activities with the help of an integrated management system

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Abengoa Financial Information

Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB) applies innovative technology solutions for sustainability in the energy and environment sectors, generating electricity from renewable resources, converting biomass into biofuels and producing drinking water from sea water

57% 24%

19% 32%

30%

12%

12%

9% 5%

Spain

Rest of Europe

Africa

South America Concessional

infrastructures

Engineering and construction

Industrial production

7.151 M€ 1.408 M€

Geographical areas Activity fields

2014 Sales Ebitda 2014

North America

Asia & Oceanía

Sales

7.151M€ (1) % (7.245 M€ en 2013)

Ebitda

1.408 M€ 11 % (1.267 M€ en 2013)

Net profit

125 M€ 24 % (101 M€ en 2013)

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Abengoa Business

Abengoa creates value based on its technology

R&D&Innovation • Development of

innovative technological solutions

• Competitive market advantage

Business development • Pilot

demonstration plants

• Technological marketing

• Offers, financing and contracts

Engineering & construction • Converts

technology into reality

• 70 years of experience in energy infrastructures

• Own “Know-how”

• International leading contractor in T&D

O&M • Solar, transmission

lines, desalination, cogeneration and others

• 25 years of contracts’ average life

• Biofuels

We operate in two high growth sectors: Energy and Environment

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Inabensa

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Transmission and distribution

Installations and infrastructures

Railway Manufacturing

Transmission lines

Alternating current

Direct current

Underground

Electric substations

Catenary

Traction substations

Communications

Energy storage systems

Manufacture of electronics

Motor control centers and electrical modular rooms

Low and medium voltage switchboards

The company of the engineering and industrial construction and infrastructures business unit, specialized in the implementation of projects in relation to the following products:

Inabensa Activities

Maintenance, electricity and instrumentation

Photovoltaic energy

Wind energy

Energy efficiency

Mechanical assemblies

Smart building

Thermal and acoustic protection

… covering all the value chain (Promotion + EPC + O&M).

Promotion Financing Construction O&M

Integration

Engineering Manufacturing & Procurement

Risk management

Value Chain

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Activities Transmission and distribution

Inabensa is an international reference in the transmission and distribution of electric energy

•Alternating current lines (AC): lower investment and greater ease in controlling the network. •Direct current lines (DC): highly suitable for long distances, due to lower losses. •Underground lines: up to 400 kV. •Voltage levels : from low voltage lines (less than 1 kV) to high and very high voltage (400 to 800 kV).

AIS (Air Insulated Switchgear): Conventional SS, their switchgear, cables and busbars are air insulated.

GIS (Gas Insulated Switchgear): They require less space and are utilized in locations with extreme weather conditions, are armored and their switchgear and busbars are insulated in SF6 gas.

Hybrid SS: A combination of AIS and GIS, with outdoor busbars and gas-insulated switchgear. Less space.

Converter stations: located at the ends of the lines, conversion between DC and AC.

Lines: Currents and voltages Substations (SS)

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During the XXI century , more than 26,000 km of lines and almost 300 substations have been built

Since 2008, according to Engineering News –Record magazine, Abeinsa is the biggest T&D international contractor .

Canada: 230 kV HVL AC, +- 200 HVDC, 412 km. Maritime Link

India: 2 HVL DC 800 kV and 400 km Gorakhpur-Gomti River/ Islampur – Saharsa

Saudi Arabia: Two 380/132/11 kV GIS SS in Jeddah and Riyadh

Ukraine: 750 kV HVL AC Zaporizhia- Kakhovska SS, 187 km

Oman: Three 132 kV SS and associated lines

Guatemala, Panama, Costa Rica and Nicaragua: 230 kV HVL, SIEPAC. 1,233 km

Main projects

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Accreditations and certifications with leading public and private sector companies are available.

Activities Transmission and distribution

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Activities Installations and infrastructures

Inabensa builds all kinds of facilities and equips them to make them livable and efficient, covering the design, supply, manufacturing, assembly and testing systems

Capacities • LV and HV electric installations • Transformation centers • Maintenance, instrumentation and operation

Maintenance, electricity and instrumentation

References • Electric works, Factoría Torraspapel, since 1988 (Spain) • Electric and instrumentation works, Repsol and Cepsa, since 1970 (Spain) • Works in airports for Aena since 1990 • Electromechanical installations of the Niels Bohr building for the Copenhague

University and Hospital (Denmark) • EPC of the Campillos Biogas plant (Malaga, Spain) • Dehydration and desulfurization building for Hugoton plant (Kansas, USA)

Mechanical assemblies

Capacities • Electromechanical assembly • Hydraulic assembly • Air conditioning, water and passive protection

against fire system installations.

These activities are developed in: • Thermal and nuclear power plants • Cogeneration and combined clycle power plants • Mine and gas plants • Chemical, petrochemical and pharmaceutical

plants

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Activities Smart building

Inabensa constructs buildings and undertakes all the activities to carry out "turnkey" projects, in this activity

Buildings • Hospitals • Prisons • Educational centers • Court buildings • Conference and

exhibition centers • Airports • Offices • Nuclear power plants • Industrial centers

References •Uruguay: Punta de Rieles prison. • Brazil: Manaus North zone hospital • Spain: City of Justice (Malaga) and Campus de la Salud Hospital (Granada). •Mexico: Mexiquense cultural centre

Capacities • Design, civil works, licenses and permissions. • Installations (electrical, mechanical, hydraulic, gas, fire protection,

telecommunications, etc.) • Comprehensive residential and complementary non-health services

(cleaning, laundry, catering, parking, etc..) • Operation and maintenance.

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Activities Renewable energy

Inabensa has been consolidated in the photovoltaic industry with more than 320 MW installed and 300 under construction and it is the first wind power developer and private operator in Uruguay

Capacities: • Fixed or tracking installations (one or two axes) • Modules polycrystalline, monocrystalline or "thin

film" silicon • High concentration modules and BIPV (“Building

Integrated Photovoltaics”). Referencias: •USA : 30 MW Lone Valley Solar and 265,7 MW Mount Signal Solar (California) •Chile: Atacama PV and energy storage system with bateries •France: 8 MW Brigadel PV • Japan: 600 kW cc / 550 kW ca Hazu and Komono PV

Capacities • Promotion, design, site assessment and

environmental impact • Permits and energy production analysis • procurement, construction, installation and

commissioning • Operation, sale of the energy produced and

maintenance

References: •Uruguay: Peralta (50 MW); Talas de Maciel (50 MW), Campo Palomas (70 MW) wind farms. •Mexico: 148 MW Tres Mesas wind farm

Photovoltaic energy Wind energy

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Catenary and traction substations Communications

Inabensa has built from the year 2000 more than 2,300 km of railway lines and almost 80 substations

The complete product and services range for communications networks

Inabensa is an international reference for overheadlines, traction substations, communications and ancillary installations: high voltage (HV), low voltage (LV), lighting and ventilation

Technology CAVE (up to 350 km), TkMx (up to 160 km), detection of broken rail, bidirectional SS, energy storage systems and software development.

Capabilities in catenary • HS overhead line for 350 km/h, alternating current (AC). • Direct current (DC) overhead line from 160 to 220 km/h. • AC overhead line up to 160 km/h. • Renewal of catenaries and voltage adaptation. • Subway and tram infrastructure.

Traction substations • Traction SS and auto-transformer sites for HS lines. • Traction SS for surface and underground subway, for open

line and surface and Automated People Mover (APM) and with compact designed.

Activities in railway sector • Supply and installing GSM-R infrastructure. • Communication and control systems for subway, trams and commuter trains loudspeaker, interphone, CCTV, IP telephones, access control, tetra systems, train identification and passenger information systems, and LAN networks..

Other activities •Network deployments and maintenance. • Industrial communications and engineering and installations in commutations centrals. •Manufacturing and supply of auxiliary equipment: towers, weather proof supply equipment, electrical cabinets and precision devices (inclinometers)…

Activities Railway and Communications

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Clients America

Middle East

Europe

India

• Communications systems

• Network and coverage equipment

• Deployment of GSM-R communications for

AVE trains

• Fixed telecommunication network

• Selective and exploitation network telephony

• Ancillary equipment

Railway references

Activities Railway and communications

Ghaziabad-Moradabad line, 280 km (Uttar Pradesh)

Nallapadu-Digumetta line, 266 km (Andhara Pradesh)

Electrification of England’s Southern Region

Electrification of HS lines , 800 km (Spain)

Makkah–Madinah HS line, 900 km (Saudi Arabia)

Lines in Izmir, 18 km (Turkey)

Lines 3 and 6 of the Metro de Santiago, 74 km (Chile)

Suburban railway Buenavista – Cuantitlán line (Mexico)

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Activities Manufacturing

Inabensa has three production centers located in Seville, Madrid (Spain) and Tianjin (China) with a total area of 26.100 m2

Products and sectors

References •Algeria: Manufacture of MV cabinets and LV boards for the Tenés sea water desalination plant. •Uruguay: Switchboards (LV General boards and motor control centers) for the Paysandú Bioethanol plant.

Saudi Arabia: Design, manufacture and supply, for Talgo, of the switchboards located within the HS trains of the Makkah – Madinah project. •China: Control rooms and simulators for Hainan, Fuquing and Fangjiashan projects. •Russia: 5 turbine control rooms for General Electric (Nakhodka project)

Production centers

These centers cover the equipment manufacture and supply worldwide.

Seville PC Alcalá de Henares PC Tianjin PC

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5%

39%

4%

13%

7%

16%

16%

Ventas 2015 por geografía (%)

Principales magnitudes

• Best delivery time 2014-2015 prize, granted by Alstom • Diamond Procurement Awards 2014, granted by AERCE in the

“Supplier Integration in Value Chain” category. • Carbon Disclosure Project, supply chain 2013, score of 95 out of

100. • Sabic EHSS Award for Global Contractor 2012, third best contractor

in Occupational Risk Prevention worldwide.

Currently operating in more than 15 countries with almost 2,000 highly qualified staff, Inabensa is able to undertake projects across the world.

Our clients

Sales 2015 Acknowledgements and awards

R&D In its commitment to sustainable development and the fight against

climate change, Inabensa leads projects and technology platforms in the field: energy storage, CO2 capture and recovery, communications, aerospace, ocean and sea power, power electronics, electro-mobility.

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ABENGOA

INABENSA

Thank you very much

Your partner in industrial engineering and construction

www.inabensa.com