20 19 Index 1 2 3 Who are Business Our we? Areas Presence - PowerPoint PPT Presentation

Corporate Presentation 20 19

Index 1 2 3 Who are Business Our we? Areas Presence • • • • • • • • • • • Page 3 Page 11 Page 18 2

1 Who are we? 3

Who are we? Abengoa (MCE: ABG.B) is an international company that applies innovative technology solutions for sustainable development in the infrastructure, energy and water sectors. Constructing energy infrastructures Generating conventional and renewable energy.  Transporting and distributing energy.  Providing solutions for the integrated water cycle Developing desalination and water treatment processes.  Constructing hydraulic infrastructures .  Being a referent in the transmission and distribution sector Developing transmission lines, electric distribution and railway electrification projects.  Constructing installations and infrastructures for all types of plants and buildings.  Obtaining results in the services area Providing operation and maintenance services for plants optimization.  Managing private assets efficiently.  Furthering new horizons for development and innovation Our 342 accumulated awarded patents since 2008 position us as technological leaders in sectors such as solar thermal technology.  Renewable energy storage and our bet for energy efficiency and water consumption (water-energy nexus).  4

A Viable Company with Solid Fundamentals Solid business of engineering, Global footprint makes Abengoa’s business procurement, construction and more resilient and the size of its backlog and operation and maintenance in high pipeline provides revenue visibility growth markets Credibility regained with Leaner organizational structure and stakeholders high operational efficiency The development of commercially A more focused business model and a healthier, viable cutting-edge technology has sound capital structure, together with a become Abengoa’s key competitive multidisciplinary set of capabilities places Abengoa in advantage a solid position for future value creation Formed by a team of committed and skilled people that have specialized and competitive know-how 5 5 5

Main Magnitudes Global presence with a recognized 9.3 GW of installed power in 2.1 GW* solar power constructed, 860 MW position of leadership in main world conventional generation plants, of under construction, and 480 MW of wind rankings (ENR, GWI). which 1.4 are under construction. power. *34 % of solar thermal installed capacity worldwide. Numbers of patents 500 400 300 200 100 0 2013 2014 2015 2016 2017 2018 + 27,000 km of transmission and + 1.7 million of m 3 /day of 342 accumulated awarded patents distribution lines and more than desalinated installed capacity and since 2008. 330 substations worldwide over 2 million m 3 /day under the last 15 years. construction. 6 6

2018 Results Main indicators Revenues by Geography Abengoa Figures 2018 South America 11% 1% Middle East 27% Sales 1,303M€ 9% Africa 85% North America EBITDA 188 M€ Europe (ex Spain) 16% Spain Employees 13,450 21% Others 15% 15% Revenues by segment Concessions E&C Main Projects under Execution Waad Al Shamal (Saudi Arabia) O&M solar plants (Spain) A3T (Mexico) Shuaibah (Saudi Arabia) Mar de Plata (Argentina) CP5 Network Rail (UK) Cerro Dominador (Chile) Fulcrum (USA) 7

New Financial Restructuring 2019 1    2    3  Three solved Liquidity Bonding lines Capital Structure challenges A3T refinancing Additional bonding lines Deleveraging proposal 1 2 3 How?      8 8

Assets Disposal Plan Sale of concessional assets and non-core businesses will contribute to improve Abengoa’s leverage and liquidity profile Atlantica Yield Sale  Bioenergy USA 1G & 2G bioetanol The company completed in March 2018 the operation for  Bioenergy  1G bioetanol the sale of 25 % stake in Atlantica Yield (AY) to Europe Algonquin Power & Utilities Corp. (APUC):  AB San Roque Biodiesel Bioenergy Brazil 1G bioetanol - Operation worth 607 MUSD. - Constitution of AAGES (Abengoa-Algonquin Khi 50 MW CSP – South Africa Energy Solutions), a joint venture between Xina 100 MW – South Afirca Abengoa and Algonquin. SPP1 150 MW hybrid CC+CSP in Algeria On November 27 th 2018, Abengoa completed the sale of  the 16.7 % remaining stake in AY to APUC, for a total  Accra 60,000 m 3 /day en Ghana purchase price of 345 MUSD. The resulting net proceeds, 285 MUSD, have been fully allocated to debt Ténès 200,000 m 3 /day in Algeria reapayment, as per the financing contracts. Chennai 100,000 m 3 /day in India Progress in the sale of A3T  Brazil T&D 3,532 Km lines in operation in Brazil Brazil T&D 6,218 km in construction 220 MW cogeneration plant in Mexico.   Peru T&D 320 km transmission line Delivering energy to de grid since late December 2018.   Norte III 924 MW Combined Cycle in México PPAs signed for more than 80 % of the capacity.  Hospital Manaus 300-bed-hospital in Brazi Real Estate Various assets 9

Abengoa was awarded projects with a value of €1.5 billion in 2018, with a current backlog of E&C Contracts €1.8 billion, on December 31 st , 2018. Main projects Dewa Dubai  Technology and solar field of 3 x 200 MW parabolic trough. Cerro Dominador Chile  110 MW solar thermal tower plant with a 17,5 hour storage system. Luneng China  Procurement of engineering and technology for 50 MW solar thermal tower plant. Rabigh Saudi Arabia  The largest reverse osmosis desalination plant in the country. 600.000 m 3 /d. Salalah Oman  Reverse osmosis desalination plant with a capacity of 114,000 m 3 /day.  275,000 m 3 /day reverse osmosis desalination plant for the supply of drinking water Agadir Morocco and13,500 ha of irrigation. Shuaibah Saudi Arabia  Desalination plant with a capacity of 250,000 m 3 /day by reverse osmosis.  Plant to produce 10 million gallons of aviation biofuels per year from municipal solid Fulcrum USA waste.  260 MW e(220 MW guaranteed) and 120 ton/h of steam efficient cogeneration power A3T Mexico plant. WAS Saudi Arabia  1,390 MW combined cycle: the largest hybrid solar-gas plant in the world. Quebrada Blanca Chile  Electrical substations for the second phase of the Quebrada Blanca mine. Puerto Capurro Uruguay  Construction of approximately 1,000 meters of quay in Montevideo. 10

2 Business Areas 11

Abengoa organizes its activity in several business areas: Energy, Water, Transmission and Areas of Activity Infrastructure and Services, all of which are based on R&D and Innovation. Transmission & Infrastructures Energy Water Services               12

Energy Hassi R’Mel Waad Al Shamal ACT – A3T Cerro Dominador Fulcrum Mexico USA Algeria Saudi Arabia Chile 300 and 220 MW efficient 1,390 MW + 50MW solar 110 MW solar thermal plant 150 MW solar-gas hybrid Plant to produce biofuels combined cycle cogeneration plants +100 MW photovoltaic plant plant for the aviation sector from + 17.5 hours of storage municipal solid waste 13 13

Transmission & Infrastructures Transmission and distribution Railway Installations & Infrastructures Production centers Electrical panels & Electronics Installations in industries Meca-Medina highspeed line Transmission lines Spain Saudi Arabia Spain France Railway electrification Substations Electromechanical installations CP metallic structures UK Oman Spain Spain 14

Water Desalination Water Treament Hydraulic Infrastructure Canal de Navarra Agadir Cunene supply and Tierra Amarilla Rabigh desalination Sewage treatment Irrigation desalination plant sanitation system Aqueduct plant plant Ranilla Spain Morocco Angola Chile Saudi Arabia Spain 15

O&M Services • • • Ain Beni Mathar Solana Honaine Cerro Dominador Abent 3T Morocco USA Algeria Chile Mexico Desalination plant producing 472 MWe Combined cycle 280 MW parabolic trough 100 MW PV solar plant 220 MW high efficiency 200,000 m 3 /day of drinking (solar+gas) plant with six hours of cogeneration plant water storage 16

R&D and Innovation 1 H Solar thermal Energy Storage Aerospace Hydrogen and Fuel Cells Development of more efficient solar Development of power generation thermal plants to improve the Development of storage systems with The main activities focus on the plants, based on fuel cells, as well as competitiveness and dispatchability of the objectives of improving the quality development of electrical and electronic solar technology in the energy mix. of the electricity network and favoring hydrogen production plants and products for the aerospace and defense the integration and dispatchability of hydrogen service stations for vehicles. sectors, as well as the promotion of Abengoa has its own technology and a worldwide solar thermal installed renewable energies. synergies between space technologies capacity of 34%. and energy. 17

3 Our Presence 18 18

Our Presence * * 19