abengoa corporate presentation 2014
DESCRIPTION
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.TRANSCRIPT
ABENGOA
Corporate Presentation
Innovative technology solutions for sustainability
March 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
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
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)
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
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
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
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
• 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