ABENGOA
Corporate Presentation
Innovative technology solutions for sustainability
March 2014
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Our commitment
Abengoa focuses its growth on creating new technologies that contribute to sustainable development…
o Generating energy from renewable sources
o Converting biomass into biofuels and producing drinking water from sea water
o Creating environmentally-friendly infrastructures
o Promoting new development and innovation horizons
Invests in research, development and innovation (R&D+i)
Expands the technologies with the greatest potential
Develops the necessary talent, attracting and retaining the best professionals (nearly 26,000 employees)
Dedicates economic and human resources to promote social action policies that contribute to social and human progress
To achieve this, Abengoa…
Abengoa’s commitment to sustainable development is a priority in all its activities. We try to reduce the impact of our activities with the support of an integrated management system
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Financial information
59 % 23 %
18 % 16 %
10 %
28 % 12 %
19 %
5 %
11 %
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
Brazil
Spain
Rest of Europe
USA
Asia & Oceania
Africa
Rest of Latin America
Concession-type infrastructures
Engineering and construction
Industrial production
Sales
€7,356 M
16.5 % (€6,312 M in 2012)
EBITDA
€1,365 M
43.8 % (€949 M in 2012)
Net income
€101 M
83.6 % (€55 M in 2012)
Net corporate debt – Corporate EBITDA
2.2x
1.5x since December 2012
€7,356 M €1,365 M
Regions Activity areas
Sales 2013 EBITDA 2013
Engineering and construction
• 70 years of experience in energy infrastructures
• Proprietary know-how
• Leading international contractor in T&D
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Concession-type infrastructures
• Solar, transmission lines, desalination, cogeneration and others
• Very low market risk
• Average contract term: 25 years
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Industrial production
• Biofuels
• High-growth markets
• Market leaders
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Abengoa’s business is structured around three activities
Energy Environment
We perform these three activities in two high-growth sectors
Our business (I)
Specialist in executing complex turn-key projects
• Solar plants (CSP) and hybrid solar-gas plants (ISCC)
• Conventional generation plants and biofuels facilities
• Water infrastructures, including large-scale desalination plants
• Electricity transmission lines
• Railway transport infrastructures
Solid engineering capabilities that enable us to harness growth opportunities
• Approximately 18,000 people
• Design engineering network with centers in USA, India, Poland, Chile and Spain
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Engineering and construction
Main projects awarded in 2013
Our business (II)
Details Activity
Transmission line 3,300 km
Parabolic trough plant
110 MW
Parabolic trough plant with storage
110 MW
Combined cycle plant
450 MW
Wind farm 70 MW
Two metro lines n/a
Transmission line 187 km
Photovoltaic plant 30MW
Project Country
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Electricity generation plants, desalination plants and transmission lines
Assets with regulated revenues with long term sales contracts or price agreements
Investment in concession-type infrastructure projects in which our technology gives us a competitive advantage
Joint ventures with E-On, JGC, Eletrobras, Itochu, GE, Masdar, Total
37 concession-type assets in operation
17 solar plants (CSP)
11 transmission lines
5 cogeneration plants
4 desalination plants
Our business (III)
Concession-type infrastructures
1,223 MW solar power
102.1 ML/year
348 MW cogeneration
1,723 km of electricity transmission lines
Currently in high growth phase the operation of these types of assets generates
sales of €519 M
Asset base
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Our business (IV)
Industrial production
Biofuels
• Global leader in biofuels with a presence in the three main markets: Europe, USA and Brazil
• World leader in developing technology for producing 2nd generation ethanol
Solar
• World leader in concentrated solar power technology based on tower technology and parabolic troughs
Leader in high growth markets we continue to grow despite the complex economic environment
3,175 ML of ethanol
Production capacity
• Technology for producing n-butanol from biomass
• Flexible process that enables the production of ethanol or butanol depending on market conditions
• Enables existing 1G facilities to be used
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Innovation (I)
Technology is our engine for growth, providing innovative solutions in order to continue to create value and maintain our leadership position
R&D and technology in numbers:
€426 M invested in R&D in 2013
261 patent applications, of which 106 have already been granted
Team of 781 people dedicated to R&D and innovation, lead by Abengoa Research
Products with a high technological component that are close to market…
Butanol
• Technology for converting MSW into biofuels • Demonstration plant in operation at our facilities
in Salamanca
Waste to biofuels
…we continue to work on new options for the future
Hydrogen Energy Crops W2B demo plant (Salamanca)
Innovation (II)
Thanks to our technological development, we can offer pioneering solutions in the markets in which we operate
Demonstration plant for thermal energy storage
Khi Solar (South Africa) 50 MW superheated steam
tower. The first tower with this technology in the world
Hugoton (USA) 2G bio-refinery; 25 M gal.
Demonstrates the viability of the 2G technology developed by Abengoa
2G demonstration plant BCyL (Salamanca)
Solana (USA) 280 MW parabolic trough plant
with six hours of storage Commissioned in Q3 2013
Solúcar Complex Seville
Patents: 13 Patents: 35 Patents: 23
Demo plant
Commercial plant
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Corporate social responsibility
Responsible management
We are committed to society today and in the future, the environment, the communities in which we are present and to our employees
We implement and promote initiatives that contribute to
achieving balanced growth in the
company and the community
€9.1 M invested in social actions, 12% more than the
previous year
93% Environmental management systems certified
according to ISO 14001
Reduction of 818,700 theoretical tons of CO2
More than 1.8 million hours dedicated to training our
teams, 6% more than in 2012.
14,389 supplier analyses carried out related to human
rights
Abengoa contributes to culturally and socially enriching the communities in which it is present through the Focus-Abengoa Foundation
ABENGOA WATER
Innovative technology solutions for sustainability
Corporate Presentation
March 2014
ABENGOA WATER
Our mission
Innovation Experience
Financial solutions
Development & promotion of water treatment plant under concession and their subsequent operation & maintenance
Added value
Abengoa Water
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ABENGOA WATER
1 Veolia Environment 5,420,072m3/d
2 Fisia Italimpianti 3,025,344m3/d
3 Doosan 2,852,305m3/d
4 GE Water 2,471,987m3/d
5 Suez Environnement 1,528,710m3/d
6 Abengoa 1,387,624m3/d
7 ACS (Cobra/Tedagua/Drace) 1,312,347m3/d
8 Hyflux 1,121,508m3/d
9 Acciona Agua 1,111,516m3/d
10 IDE 1,001,730m3/d
11 Sadyt 832,800m3/d
12 Cadagua 730,724rn3/d
13 Nomura Micro Science 495,712m3/d
14 Aqualia 488,450m3/d
15 Kurita Water Industries 427,138m3/d
16 John Holland 405,000m3/d
17 Wabag 369,140m3/d
18 Wetico 337,496m3/d
19 ITT 311,639m3/d
20 Aqualyng 270,375m3/d
Top 20 desalination plant suppliers since 2000
RO focus
One of the key players on the international market
Among top 4 players specialized in reverse osmosis technology in terms of capacity
6th largest company in the world in terms of installed desal water capacity according to GWI
One of the key players on the domestic market
One of the top domestic players in wastewater and drinking water treatment in terms of installed m3/day, being the pioneer in sewage water treatment
Leading company
Abengoa Water’s experience and leadership is recognized at an international level
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ABENGOA WATER
Leading company
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Leader position in desalination market
International Developer of Hydraulic Infrastructures
Desalination Deal of the Year. Beni Saf (Algeria)
Desalination Plant of the Year. Cartagena phase I & II (Spain)
Desalination Company of the Year
Desalination Deal of the Year. Qingdao (China)
Desalination Company of the Year
2006
2006
2007
2009
2010
ABENGOA WATER
2012
Internacional presence
Leading company
Office
Projects
Currently Abengoa Water counts with aproximately 400 professionals 15
% Professionals
distribution
ABENGOA WATER
15
58 %
0,5%
1 %
0,5 %
2 %
9 %
21 %
8 %
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Abengoa Water is highly committed with society, environment and communities where its activities are held as well as its employees
Corporate social responsibility ABENGOA WATER
To achieve it we undertake initiatives which contribute to our organization and community growth and development
Internal
External
Support and respect to Human Rights
Forced, compulsory and child labor as well as discrimination abolishment
Environmental respect and care
Corrupt practices abolishment
Our commitment is extended to our suppliers
Developing activities to promote interpersonal relationship as well as help to transmit the enterprise culture
Carrying out, in parallel to our activity development, projects which guarantee the growth, development and life conditions improvement from those communities where we have presence
Environmental management system certification
Quality management system certification
Integrated quality, enviromental and OHSAS certifications after norms UNE – EN ISO 9001: 2008, UNE – EN ISO 14001:2004 y OHSAS 18001: 2007
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Certification of management systems
UNE – EN ISO 9001: 2008
UNE – EN ISO 14001:2004
OHSAS 18001: 2007
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ABENGOA WATER
Occupational health and safety management system certification
GA-2012/0250 SST–0144/2012 ER-0568/2012
Minimize the impact of our products on the environment, specially in those communities where Abengoa Water’s activities are held
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Emissions labeling
The struggle against climate change is one of the cornerstones underpinning the company’s commitment to sustainability .
ABENGOA WATER
The commitment to sustainability in all of its dimensions -social, environmental, and economic- is our main hallmark
All the products and services are labeled with the CO2 emissions associated with Abengoa Water’s activity taking into account its emissions and those generated by third parts to determine its products carbon footprints
.
. Objective
Three business areas
1 Promoting water treatment plants:
Managing a total capacity of almost 1,000,000 m3/day
Operating and maintenance:
Total designed capacity of 615,000 m3/day of desalted water in 2013 and more than 60,000 m3/day of water reuse
New technologies development:
4 programs and 30 projects
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3
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Business areas ABENGOA WATER
Development of water treatment plants
1 Promoting water treatment plants using membrane technology. Abengoa Water is involved from the investment to the supervision of the design and construction
6 projects under concession:
Algeria (500,000 m3/day)
Skikda
Honaine
Ténès
India (100,000 m3/day)
Chennai
China (100,000 m3/day)
Qingdao
Ghana (60,000 m3/day)
Nungua 20
Business areas ABENGOA WATER
Concessions
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Chennai Honaine Qingdao Ténès Nungua Skikda
Skikda (Algeria)
Client: Algerian Energy Company (AEC)
Capacity: 100,000 m³/day
Business model: DBOOT
In operation since: March 2009
O&M Period: 2009 - 2034
Technology used: reverse osmosis
Total investment: 136 M$
Business areas ABENGOA WATER
Concessions
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Chennai Honaine Qingdao Ténès Nungua Skikda
Chennai (India)
Client: Chennai Metropolitan Water Supply and Sewerage Board
Capacity: 100,000 m³/day
Business model: DBOOT
In operation since: July 2010
O&M Period: 2010 - 2035
Technology used: reverse osmosis
Total investment: 107.7 M€
Business areas ABENGOA WATER
Concessions
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Chennai Honaine Qingdao Ténès Nungua Skikda
Honaine (Algeria)
Client: Algerian Energy Company (AEC)
Capacity: 200,000 m³/day
Business model: DBOOT
In operation since: July 2012
O&M Period: 2012 - 2037
Technology used: reverse osmosis
Total investment: 291 M$
Business areas ABENGOA WATER
Concessions
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Chennai Honaine Qingdao Ténès Nungua Skikda
Qingdao (China)
Client: Qingdao Municipal Engineering and Public Utility Bureau
Capacity: 100.000 m³/day
Business model: DBOOT
In operation since: January 2013
O&M Period: 2013 - 2038
Technology used: reverse osmosis
Total investment: 135 M€
Business areas ABENGOA WATER
Concessions
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Chennai Honaine Qingdao Ténès Nungua Skikda
Ténès (Algeria)
Client: Algerian Energy Company (AEC)
Capacity: 200,000 m³/day
Business model: DBOOT
In operation since: under construction
O&M Period: 2014 - 2039
Technology used: reverse osmosis
Total investment: 231 M$
Business areas ABENGOA WATER
Concessions
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Chennai Honaine Qingdao Ténès Nungua Skikda
Nungua (Ghana)
Client: Ghana Water Company Ltd. (GWCL)
Capacity: 60,000 m³/day
Business model: DBOOT
In operation since: under construction
O&M Period: 2014 - 2039
Technology used: reverse osmosis
Total investment: 125 M$
Business areas ABENGOA WATER
Operation and sale of water
2 Operation, maintenance and sale of water from our own plants or for third parties plants under long term contracts. Currently Abengoa Water is producing almost 700,000 m3/day of desalted water
Of our plants:
Algeria (300.000 m3/day)
Sikda
Honaine
India (100.000 m3/day)
Chennai
For third parties:
España (115.000 m3/day)
Almería
Cartagena
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Business areas
España (63.640 m3/day)
Tablada
Meco
Desalación
Reuso
ABENGOA WATER
China (100.000 m3/day)
Qingdao
Expertise in operation: Abengoa Water is also operating a total designed capacity of 615,000 m3/day desalted water
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Skikda (Algeria)
Client: Algerian Energy Company (AEC)
Capacity: 100,000 m³/day
In operation since: March 2009
O&M Period: 2009 - 2034
Chennai (India)
Client: Chennai Metropolitan Water Supply and Sewerage Board
Capacity: 100,000 m³/day
In operation since: July 2010
O&M Period: 2010 - 2035
Business areas ABENGOA WATER
Skikda Cartagena Almería Honaine Chennai Qingdao
Operation and maintenance
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Honaine (Algeria)
Client: Algerian Energy Company (AEC)
Capacity: 200,000 m³/day
In operation since: July 2012
O&M Period: 2012 - 2037
Qingdao (China)
Client: Qingdao Municipal Engineering and Public Utility Bureau
Capacity: 100.000 m³/day
In operation since: January 2013
O&M Period: 2013 - 2038
Business areas ABENGOA WATER
Skikda Cartagena Almería Honaine Chennai Qingdao
Operation and maintenance
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Almería (Spain)
Client: Almeria City Council
Capacity: 50,000 m³/day
Business model: DBO
In operation since: January 2005
O&M Period: 2005 - 2020
Technology used: reverse osmosis
Total investment: 30.4 M€
Business areas ABENGOA WATER
Skikda Cartagena Almería Honaine Chennai Qingdao
Operation and maintenance
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Cartagena (Spain)
Client: Community of Taibilla Channels
Capacity: 65,000 m³/day
Business model: DBO
In operation since: May 2005
O&M Period: 2005 - 2020
Technology used: reverse osmosis
Total investment: 55 M€
ABENGOA WATER Business areas
Skikda Cartagena Almería Honaine Chennai Qingdao
Meco
Production of more than 60,000 m3/day of water reuse
50,000 m3/day
Tertiary treatment
Spain
13,640 m3/day
Tertiary treatment
Spain
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Operation and maintenance
Tablada
Business areas ABENGOA WATER
Development of our own technologies – R&D+i
3 Development of new technologies through our R&D+i department
Research on innovative solutions is one of the most important pillars of Abengoa’s Water business
Allocated budget of 36 M€ within 5 years period
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Business areas ABENGOA WATER
3,000 m² R&D+I Centre based in Seville (Spain) with cutting-edge facilities
40 researchers including specialists in membranes, desalination process and water treatment
Innovative control centre
R&D centre
Pilot plant Laboratory
R&D+i Centre
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Business areas ABENGOA WATER
Center sustainable strategies
Solar energy collecting systems
Photovoltaics (PV) and solar thermal energy use
Thermal lag from ground use
Susatainable gardeninig
Reused and recycled materials use
Management and control for energy saving
Quantify our carbon footprint to offset our emissions
Centre R&D+i: satellite control centre
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Real-time monitoring of the operation of our water treatment plants
Running of the plant optimized
Technical support for the operation of the plants
Business areas ABENGOA WATER
Developing our own technology in filtration per membrane systems
hhh
R&D+i: four programs in development
Objective: generating knowledge and developing our own technology
Desalination
Reducing cost of cubic meter of water product
Developing solutions to treat urban and industrial wastewater and guarantee the required quality to be reused
Applying sustainable solutions (solar, wind and marine power) to desalination
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Water treatment & reuse
Membranes
Sustainable solutions
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4
Business areas ABENGOA WATER
TEcoAgua project
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Environmental consequences
Project main data
Business areas ABENGOA WATER
Population Quality of life
Water shortage
Increase in water discharge and wastes
Climate change worsened
Project budget: 18 M€
Partners: 10 (4 SMEs)
Cenit (governmental entity) funding:
Subvention (49,34 %) : 8,9 M€
Private investment (consortium): 9,13 M€
Project leader: Abengoa Water (project coordinator)
TEcoAgua project
Objective:
Generation of knowledge and development of technologies and new processes for the integrated water cycle to contribute to guarantee the availability and quality of water supply and water sustainability
Drinking water Water
treatment
Reuse Industries
(Outsourcing)
Technological company which develops technological solutions
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Applications to
new markets
Perspectives
Experience
Technology
Innovation
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ABENGOA WATER
Thank you
Innovative technology solutions for sustainability
ABENGOA WATER