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Abengoa has completed the financing granted by European Investment Bank for the I+D+i program.

October 5, 2007

Sevilla.- October 5, 2007.- Abengoa has signed with the European Investment Bank the 60,000,000 Euro enlargement of the financing contract for the R+D+i framework that was signed July 20th for a sum of 49,000,000 Euro. This enlargement is underwritten by Caja de Ahorros del Mediterráneo, La Caixa and Instituto de Crédito Oficial.

This contract is specifically designated to finance the R+D+i program of Abengoa, which includes projects in the five business areas of the company.

The signing of this financing is a firm endorsement for the effort that Abengoa is realizing in the search for excellence and in the encouragement of new technologies through its R+D+i program.

Abengoa takes fifth place among Spanish companies in a ranking of the 1,000 European companies that most invest in research and development, according to an annual publication elaborated by the European Commission, EU Industrial R&D Investment Scoreboard.

Abengoa is a technology company applying innovative solutions for sustainable development in the infrastructures, environment and energy sectors. It trades with a market capitalization above the 2,500 million euro (5/10/2007) and it is and is present in more than seventy countries in which it operates with its five Business Units: Solar, Bioenergy, Environmental Services, Information Technologies, and Industrial Engineering and Construction. (

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