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September

Abengoa is awarded a new power transmission project in Argentina

September 26, 2014

  • Abengoa will be responsible for the design, engineering, construction and commissioning of the 176 km project.
  • The project, worth US$ 147 million, forms part of Argentina’s Federal Power Transport Plan.

September 26, 2014.- Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB), the company that applies innovative technology solutions for sustainability in the energy and environment sectors, has been selected by Argentina’s Federal Electricity Board to develop a new power transmission project in Argentina. The project, which is worth US$147 million, will enable part of the country’s electricity to be supplied in an efficient and sustainable way.

Abengoa will be responsible for the design, engineering, construction and commissioning of 176 km of power transmission lines, as well as constructing the new Vivoratá transformer station, extending the Bahía Blanca station and improving various other existing facilities. The works are scheduled to be completed within 33 months and are expected to create around 250 direct jobs during this time.

The project will connect the cities of Mar del Plata, Villa Gesell and Balcarce in the province of Buenos Aires and forms part of the Federal Power Transport Plan (CAF), promoted by Argentina’s Federal Electricity Board, which will connect the country’s major cities.

Abengoa is currently developing two other projects as part of this plan. One is a 130 km line between the towns of Aristóbulo del Valle and San Vicente in the province of Misiones, while the other is a 65 km line between the Río Coronda and Rosario Oeste substations in Santa Fe.

This latest project will expand Abengoa’s experience of transmission lines, consolidating its global leadership in this sector, in which it has been awarded more than 25,000 km of power transmission lines in the last ten years. The company, which has been present in Argentina for the last 45 years, has extensive experience across the whole of South America, where it is contributing to the sustainable development of power transport infrastructures thanks to projects such as this.

About Abengoa

Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB) applies innovative technology solutions for sustainability in the energy and environment sectors, generating electricity from renewable resources, converting biomass into biofuels and producing drinking water from sea water. (www.abengoa.com)

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