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April

Abengoa establish its platform for engineering and industrial construction in U.S.

April 14, 2009

Seville, April 14th, 2009 - Abener Energia, S.A., a company of Abeinsa, Abengoa Engineering and Industrial Construction Business Group, has acquired all the remaining outstanding shares of Abener Engineering and Construction Services, LLC (Abencs), this transaction gives Abener 100% ownership of Abencs. At the time of creation in February 2007, Abencs was formed as 51% Abener and 49% MECS, Inc.

Abencs, headquarter in Saint Louis (Missouri), managed a turnover well in excess of $200 million and is focused on executing engineering and construction of biofuels and other alternative energy plants in the U.S. The business has more than 150 experienced staff of detailed engineering, procurement and construction professionals who are currently managing several very large projects which are underway in the U.S.

In addition Abencs has a wholly owned subsidiary, AEPL, headquartered in Mumbai, India. AEPL is also dedicated to engineering and construction of industrial plants both in India and the surrounding regions.

In the opinion of Alfonso Gonzalez, chairman of Abeinsa, "this transaction is yet another step in our strategic journey toward building an international engineering and construction business. Nowadays, more than 50% of our business is in the area of engineering and construction of industrial, biofuels and energy generating plants. Our complete ownership of Abencs establishes a permanent presence in the US and Indian markets and give Abeinsa a stronger capacity to carry out new opportunities in these geographies."

Abengoa is a technology company applying innovative solutions for sustainable development in the infrastructures, environment and energy. It quotes on the Stock Exchange with a capitalization of more than 1,035.88 million euro (04/13/2009) and is present in more then seventy countries, where it operates with five Business Units: Solar, Bioenergy, Environmental Services, Information Technologies and Industrial Engineering and Construction (www.abengoa.com).

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