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New Lines Contract for Abengoa, in Brazil

November 24, 2005

Last Thursday, November 17, 2005, the Rio de Janeiro Stock Exchange building was the scenario for the public auction for the awarding of seven electric energy transmission concession packages.

Abengoa won Package A for the North/South Interconnection System.v

The project includes the construction of three lines at 500 and 230 kV, total length 459 km, plus a new 500 kV substation in Itacaiunas, in the state of Para y Tocantins, in the north of the country. The project investment figure is 270 million dollars.

This contract brings the number of concession projects in which Abengoa participates to seven, with a total of 3,328 km of 230 and 500 kV lines having been constructed with an overall investment of 1,150 million dollars. Five of these lines are now in operation; one is under construction, leaving just this one that was awarded last Thursday in Rio de Janeiro.

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