ACCIONA Energy

Global leader in sustainability

ACCIONA Energy

Global leader in sustainability

ISTAMBUL, September 23th of 2010

EUROGIA + - INFO DAY

Raul Manzanas (rmanzanas@acciona.es)

Director of Technology Development, Wind and Marine Renewable (Acciona Energia)

VP EUROGIA+

• Leading corporation in the development, promotion and management of

infrastructures and services aimed at sustainable development

and social well-being

• A team of over 33,000 people in 31 countries on 5 continents

ACCIONA Group

1. ACCIONA, pioneers in development and sustainability

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• A team of over 33,000 people in 31 countries on 5 continents

• A solid economic position: (Data at 31.12.2009)

� EBITDA: 1,043 M€

� Turnover: 6,512 M€

� Operating result: 448 M€

• Quoted on major stock indices: IBEX-35, Dow Jones Sustainability World

Index (DSJI World), Dow Jones Stoxx Sustainability Index

Development and sustainability, key corporate strategies

A business model based on three pillars

Energy

1. ACCIONA, pioneer in development and sustainability

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Sustainability:

Economic growth

Environmental balance

Social progress

Energy

Infrastructure Water

Infrastructure

• Leaders in development and infrastructure management, with almost one century of

experience, excellence in quality and solid technological capability

1. ACCIONA, pioneer in development and sustainability

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• Pioneers in large social infrastructures and environmentally efficient housing units

• Among the five biggest construction companies in Spain and in the top 15 of Europe

• Project portfolio (Dec 09): 7,021 M€ (25% in international market)

• Pioneer in Project Finance of Infrastructures through concessions

• Twenty concessions in progress in Spain and overseas, in the transport, railway,

irrigation systems, maritime and building sectors

• Focused on national and international markets: Canada, USA, Mexico, Brazil, Poland and

Chile

Water

• Leaders in water treatment systems, particularly in reverse osmosis desalination

• Wide range of services throughout the water cycle: design and construction of desalination

and treatment plants, supplies, assessment of networks, O&M, etc.

1. ACCIONA, pioneers in development and sustainability

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and treatment plants, supplies, assessment of networks, O&M, etc.

• Awarded contracts for the biggest plants in Spain, United Kingdom, Italy and USA

• Recognition: World Water Company of the Year 2010 (Global Water Awards)

• International diversification: Australia, Algeria, Dubai, United Kingdom and USA

• ACCIONA Agua: Created in 2006 following the merger of Pridesa, Infilco and Gesba

• A market with excellent growth prospects: 50x by 2050.

2. ACCIONA Energy

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2. ACCIONA Energy

Leader in renewable energies

The only company with leadership in all the most viable renewables

ELECTRICITY BIOFUELSHEAT

Horizontal integration

integration

2. ACCIONA Energy, leader in renewable energies

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HydraulicWind

PhotovoltaicSolar

ConcentratingSolar Power BiodieselBiomass Bioethanol

Solar Thermal

Data at 31.12.2009. The company owns an additional 100 MW in cogeneration.

Vertical integration

Wind turbines

6,230 MW 911 MW 33 MW 48 MW 114 MW 1 MW 270,000 t. 26,000 t. Own

1,472 MW 67 MW 1 MW 14 MW Customers

Total renewables owned by the company : 7,337 MW

7,702 MW Total115 MW 115 MW 15 MW

Total installed capacity in renewables: 8,892 MW

911 MW 33 MW 270,000 t. 26,000 t.

Turnover 1,248 (-30.0%)

ACCIONA Energy Figures (millions of euros)

Economic Data

2. ACCIONA Energy, leader in renewable energies

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Turnover 1,248 (-30.0%)

EBITDA 629 (+6.8%)

EBT 97 (-48.1%)

741 (+42.1%)

395 (+60.1%)

64 (+14.6%)

Jan-Dec 2009

Jan-June 2010

• ACCIONA Windpower designs and produces robust

and reliable wind turbines

• Three plants in strategic markets: Spain (2) and USA

• Capacity: 2,025 MW/year

• Models: 1.5 MW and 3.0 MW

ACCIONA Windpower: wind turbines designed in-house

AW wind turbines supplied to 12 countries

2 Wind power business

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• Models: 1.5 MW and 3.0 MW

• Blades designed and made with our technology

64 MW Nevada Solar One in the US

• The biggest built in the world in 19 years

• Connected to the grid in June 2007

• 47.5 linear miles of solar trough collectors

Concentrating solar power

2 CSP TECHNOLOGY

FIVE OPERATIONAL PLANTS IN 2011 (250 MW)

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• 47.5 linear miles of solar trough collectors

• An investment of 266 million dollars

• The first Spanish company to have an operational plant using this technology

PLANTS FOR CLIENTS. Turnkey projects (Saguaro, Arizona; for APS)

Spain: 1 plant in service and 3 under construction

• Operational: Alvarado I (Badajoz), 50 MW, since IX-2009

• Under construction: Palma del Río I & II (Córdoba) and Miajadas (Cáceres) (150 MW in total)

• Under development: Orellana and Alvarado II (Badajoz) (100 MW in total)

ACCIONA Energy

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ACCIONA Energy

R&D Strategy

• 7th Framework Program: A major industrial player in terms of numbers of projects and funding.

R&D Developments

3rd Spanish company in terms of R&D Investment

2 projects approved and start date 2010, lead and coordinated by Acciona Energia

FP7 MARINA Platform: 17 partners, 12 countries, 12.8M€ Budget/8.7M€ Grant.

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FP7 ENERCORN: 6 partners, 4 countries, 10.8M€ Budget/5.9M€ Grant.

A new FP7 project approved and Grant Agreement signed, 20.1M€ Budget/11M€

Grant. 19 partners, 8 countries. Start Date 1 Nov 2010. MGT.

• Spanish Framework: higher number of CENIT projects amongst the industrial

companies in Spain (CENIT: Strategic Consortiums – Large Projects >20M€ each).

• USA DOE: technology to develop CSP technology and Thermal Storage.

• EIB: 185M€ loan signed with the European Investment Bank to fund 50% of the R&D

investment for the next 4 years.

EUROGIA+

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EUROGIA+

WHY and Reasons

EUROGIA+

ACCIONA ENERGIA is a BOARD member of the EUROGIA+ since 2008, appointed as the

National Representative in the Cluster.

The EUROGIA+ Cluster is consider as the most appropriate way to promote and develop core

technology projects (R&D) with need to crystallize in short term and with high impact in the

business areas, as we are well covered by the White Book (Low Carbon Conventional Fossil Fuels

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business areas, as we are well covered by the White Book (Low Carbon Conventional Fossil Fuels

technologies and Renewable Energy). Participation ACCIONA ENERGIA is as follows:

• 4 Calls since the start of EUROGIA+

• 3 Projects presented – All approved (2 funded and running and 1 pending funding to start)

• Total budget of projects 4M€

• Various Themes: Wind On/Offshore, PV, Materials and Composites, Storage and Controls.

EUROGIA+

Reasons for ACCIONA ENERGIA to present projects to EUROGIA+ Cluster:

• Easy preparation of documentation and access for questions and help to the Secretariat.

• Easy and understandable process for evaluation that gives the choice to explain FtF

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• Industry Driven and so we feel comfortable.

• Short Time from IDEA (PO) to Start of Funded Project (Label FPP and funding).

• Easy Contract, Consortium Agreement, and IPR Discussions (Short number of partners).

• Easy to Manage, due to low number of partners.

• You work only with the one you want with and not with a group due to balancing and photo.

• Follow up and access to partnerships and knowledge.