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January

Abengoa advances in restructuration process

January 25, 2016

January 25, 2016 - Today Alvarez&Marsal presented to the Board of Directors of Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB), the international company that applies innovative technology solutions for sustainability in the energy and environment sectors, the Viability Plan that defines the future structure of Abengoa’s activity.

Said plan confirms that Abengoa will continue being a viable and profitable company.

Abengoa’s Board of Directors agreed to proceed in the negotiation of the restructuration of the debt and needed resources to continue its activity in the future in a competitive and sustainable manner.

An agreement must be reached before the end of the period marked by procedures of “5bis”, given that receivership would destroy more value for creditors and shareholders than any other scenario of continuation, without measuring the enormous social cost resulting from such a situation.

From an operational perspective, the company will develop its business focusing on engineering and construction with or without proprietary technology.

From the Viability Plan it can be deduced that the company will have income levels in the coming years on the order of two thirds of the results for 2014.

The plan considers the sale of non-fundamental assets, including all first generation biofuel plants.

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)

Communication Department:

Patricia Malo de Molina Meléndez.

Tel. +34 954 93 71 11

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Ignacio García Alvear.

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E-mail: ir@abengoa.com

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