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Abengoa Bioenergía has been granted the Prince Philip Award for Business Excellence in the category of Renewable Energies and Energy Efficiency 2006

Madrid, Spain.- 10th. of April 2007.- Abengoa Bioenergía has been granted the Prince Philip Award for Business Excellence in the category of Renewable Energies and Energy Efficiency 2006.

The award has been presented today in the Ministry of Industry, Commerce and Tourism by H.R.H. Prince Philip. Javier Salgado, President and CEO of Abengoa Bioenergy, has been presented with the award on behalf of the company.

These awards give recognition to those Spanish companies that achieve business excellence and have proven to be outstanding in their trajectories. Abengoa Bioenergy is one of the principal world-wide manufacturers of bioethanol and a leader in investigation, being present in Europe and the United States. Amongst its objectives is to achieve leadership in technology and capacity of ethanol production world-wide, to provide an alternative sustainable energy source for the transport sector.

The Prince Philip Award has been granted to the company Abengoa Bioenergía, S.A. in the category of Renewable Energies and Energy Efficiency “For pioneering value added in non-food agricultural surplus for the production of bioethanol for fuel, and through this generating a commercial activity on a national and international level”.

With its activities, not only does it strengthen the energy sector, but it looks for the improvement of the environment and in addition contributes to the creation of new opportunities for sustainable rural development by stimulating energy crops and the creation of agro-industries, thus contributing to the maintaining of jobs and income in rural areas.

At present Abengoa Bioenergía produces cellulosic ethanol and continues with its investigation to produce it more efficiently. In addition, its investigation is dedicated to the development of the technology needed for the production of ethanol from lignocellulosic biomass through enzymatic hydrolysis.

About Abengoa Bioenergy

Abengoa Bioenergy is the first European, fifth in the U.S.A, and the only worldwide bioethanol manufacturer,with more than 1000 ML/year of total installed capacity. In Spain Abengoa maintains three production facilities with a capacity over 500 ML/year and is constructing the first world biomass enzymatic hydrolysis demonstration plant with a capacity of over 5 ML/year.

Abengoa is a technology company applying innovative solutions for sustainable development in the infrastructures, environment and energy sectors. It quotes on the Stock Exchange with a capitalization of more than 2,824 million Euros (04/09/2007) and is present in more than seventy countries, where it operates with five Business Units: Solar, Bioenergy, Environmental Services, Information Technologies and Industrial Engineering and Construction.