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October

Abengoa celebrates with success its Investor Day 2019

October 15, 2019

  • The company has celebrated its Investor Day in Madrid, in which analysts, company investors and banks have met.
  • During the day, attendees had the opportunity to analyze, guided by Abengoa executives, the activity and the present and future projects of the company, which currently has a portfolio of € 1,800 million and a pipeline of € 29,000 million.

October 15, 2019 - Abengoa (MCE: ABG / P: SM), the international company that applies innovative technology solutions for sustainability in the infrastructure, energy and water sectors, celebrated today its Investor Day. In this way, analysts, investors and banks have gathered in Madrid, where they have had the opportunity to learn about the present and future of the company at the hands of its management team. Thus, Abengoa has resumed a key initiative to its different stakeholders.

The company's executive president, Gonzalo Urquijo, in the framework of Abengoa's commitment to the safety and health of all its workers and those who are part of it, started the day by referring to the improvement in the indicators of this matter, which reached a Lost Time Injury Rate of 3.0, and emphasizing Abengoa's commitment to its “Zero Accidents” objective.

Moreover, Mr. Urquijo analyzed the present and the course of Abengoa's strategy, which currently aims at the engineering and construction activity. In this line, he recalled that the company “has currently identified a pipeline of € 29,000 million and has reached a contract of € 644 million in the first six months of 2019”. In addition, Abengoa hopes to continue growing, especially in its main geographies: Middle East, Latin America and Spain.

On the other hand, the areas of activity were also highlighted, as well as the technological capabilities of the company, which has carried out a “remarkable bidding activity and awarding of engineering and construction projects in the framework of the financial restructuring”. In this regard, just in 2018, Abengoa bided for projects valued at approximately € 7,000 million, which ultimately resulted in awards for € 1,507 million. Also, in 2019, Abengoa has, at the end of the first half, a portfolio of € 1,800 million.

Great part of the day was dedicated to the presentation of each of the company's business areas. Among the main projects under execution by Abengoa, we can find the largest desalination plant designed and conceived for combined use of drinking water and irrigation that the company builds in Agadir (Morocco), the largest reverse osmosis desalination plant in Saudi Arabia (Rabigh) or the solar plant of Cerro Dominador (Chile), which will be the first solar thermal tower in Latin America.

Abengoa is also building the first plant that, with gasification technology, will produce fuel from Municipal Solid Waste (MSW) in the United States, or the world's largest solar-gas hybrid plant in Waad-Al-Shamal (Saudi Arabia), among many other projects.

Overall, the day was received with great interest from its more than 100 attendees.

About Abengoa

Abengoa (MCE: ABG/P:SM) applies innovative technology solutions for sustainability in the infrastructures, energy and water sectors. (www.abengoa.com)

Communication Department:

Marián Ariza

Tel: +34 954 93 71 11

E-mail: communication@abengoa.com

Investor Relations & Capital Markets:

Gonzalo Zubiría

Tel: +34 954 93 71 11

E-mail: ir@abengoa.com

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