abengoa corporate presentation 2014

10
ABENGOA Corporate Presentation Innovative technology solutions for sustainability March 2014

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Abengoa 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. Discover the activity that Abengoa developes around the world and join the energy of change.

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Page 1: Abengoa corporate presentation 2014

ABENGOA

Corporate Presentation

Innovative technology solutions for sustainability

March 2014

Page 2: Abengoa corporate presentation 2014

2

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

Page 3: Abengoa corporate presentation 2014

3

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

Page 4: Abengoa corporate presentation 2014

Engineering and construction

• 70 years of experience in energy infrastructures

• Proprietary know-how

• Leading international contractor in T&D

4

1

Concession-type infrastructures

• Solar, transmission lines, desalination, cogeneration and others

• Very low market risk

• Average contract term: 25 years

2

Industrial production

• Biofuels

• High-growth markets

• Market leaders

3

Abengoa’s business is structured around three activities

Energy Environment

We perform these three activities in two high-growth sectors

Our business (I)

Page 5: Abengoa corporate presentation 2014

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

5

Engineering and construction

Main projects awarded in 2013

Our business (II)

Details Activity

Transmission line 3,300 km

Parabolic trough plant

100 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

Page 6: Abengoa corporate presentation 2014

6

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

500,000 M3/day

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

Page 7: Abengoa corporate presentation 2014

7

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

Page 8: Abengoa corporate presentation 2014

• 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

8

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)

Page 9: Abengoa corporate presentation 2014

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

Page 10: Abengoa corporate presentation 2014

10

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