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December

Abengoa to supply electric towers for a transmission line in California

December 14, 2006

Madrid, December 14, 2006. - Abengoa has signed a more than one million euro contract with the American company Southern California Edison (SCE), to supply electric towers for the “Rancho Vista” power transmission line. SCE is one of the sector’s most important companies on the west coast of the United States, and is based in Los Angeles, California.

Abengoa, through its Mexico based subsidiary Comemsa, dedicated to the fabrication of metallic latticework structures for power transmission and distribution lines, will supply four types of electric towers, two 250 kilovolt towers and two more than 500 kilovolt towers. The project will commence in January 2007 and will be completed during the course of March and April that year.

According to Salvador Martos, director general of Abengoa’s Latin American Business Unit, “this new contract is very important for the Company as the United States is a strategic market for Abengoa in which there are significant growth prospects within the electric engineering sector. At the same time, the contract strengthens our position in the sector upon it being the third SCE has awarded Abengoa”.

“Moreover, Abengoa has recently been awarded the construction contract for the transmission line that will join Panama and Mexico, which is routed through all the countries of Central America (Siepac). This will result in a reactivation of the market in the region which, together with that occurring in the United States and the maintenance foreseen from the activity in Mexico, means that Comemsa is confident in the short to medium term of maintaining the growth rate it has been achieving since it commenced operations in the year 2000”, added Mr. Martos Hinojosa.

Abengoa, through Comemsa, is one of the leading suppliers of latticework structures in the Mexican market. Abengoa has signed multiple contracts throughout 2006 with the Federal Electricity Commission (CFE) of Mexico. The most noteworthy include the supply for the transmission lines and substations for the project TL 806, Bajio (2nd Phase), among others.

Abengoa is a technology company that applies innovative solutions for sustainable development in the infrastructures, environment and energy sectors. It is a listed company with treasury stock of 2.574,77 million euro (14/12/2006) and is present in more than seventy countries where it operates with its five Business Units: Solar, Bioenergy, Environmental Services, Information Technologies, and Industrial Engineering and Construction. (www.abengoa.com).



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