Seville, August 17 2005. Instalaciones Inabensa, a subsidiary of Abeinsa, head of Abengoa’s Industrial Engineering and Construction Business Group, has been awarded the contract for the turnkey construction of the transmission line linking the electrical power plant at Hadjerat Ennous with the city of El Affroun, both located in northern Algeria. Inabensa will undertake the project as a joint venture with Cobra Instalaciones y Servicios S.A.

The contract, worth more than ten million euros, was awarded by the Algerian electricity company Sonelgaz Transport d’Electricité (GRTE) as part of an eight-lot international tender for the construction of three 400kV lines and various 220 kV and 60kV lines. The aim is to extend and modernize northern Algeria’s electrical power network.

According to Alfonso González, Abeinsa´s Chairman, “With this project, Inabensa takes its place as one of the leading companies in the North African electrical energy transport sector.”

The project will include the topographical study, supply, civil works, raising, laying and commissioning of a 400 kV transmission line. It is also planned to install a 24-fiber fiber optic cable (OPGW) as a protection wire for the line. This will represent a great contribution to North Africa’s telecommunications system.

Algeria has now been added to Inabensa’s strategic expansion plans in the region. The company has already been present for many years in countries like Morocco and Libya, where it has executed several turnkey high voltage power line construction projects and low/medium voltage Rural Electrification projects.

Abengoa is an industrial technology company listed on the Spanish Stock Exchange, with a capitalization that exceeds 657 million euros (12/31/2004). It provides solutions for Sustainable Development, the Information and Knowledge Society and the Creation of Infrastructures. It currently operates in four large fields of activity: Bio-energy, where it is the world’s second bio-ethanol producer; Environmental Services, where it is the leader in Europe in some of the industrial waste market segments; Information Technologies, where it is one of the key players at international level, with operations in Europe, Latin America and Asia; and Industrial Engineering and Construction, where it is leader in Spain and Latin America (www.abengoa.com).