Abengoa renews its operation and maintenance contract for the solar-gas hybrid plant in Morocco

February 18, 2021

• Abengoa has signed a second renewal with the National Power and Water Office (ONEE) for five years, with the possibility of extending it for a further five years.

February 18, 2021 - Abengoa (MCE: ABG/P:SM), the international company that applies innovative technology solutions for sustainability in the infrastructure, energy and water sectors, has signed a new five-year extension to its operations and maintenance agreement with the Moroccan National Power and Water Office (ONEE) for the 472 MW Ain Beni Mathar solar-gas plant. It is the first plant to use integrated solar combined cycle technology (ISCC), which came into commercial operation in the world in 2010.

Abengoa was responsible for its construction and for its subsequent operation and maintenance for ten years. With this new agreement extension (the second one), Abengoa will be in charge of the O&M of the plant for another five years, with the possibility of extending the agreement for a further five years.

Covering a site of 160 hectares, Ain Beni Mathar was inaugurated in 2010 as Africa’s first solar thermal plant and generates approximately 4% of the electricity consumed in Morocco. It has an installed capacity of 472 MW, which it produces by combining energy from the sun and natural gas. The plant has achieved performance in excess of its initial design capacity, both in terms of power and specific consumption.

Abengoa has more than 20 years of experience in the operation and maintenance of renewable and conventional energy generation, water and waste treatment plants. The trust placed once again by the ONEE in Abengoa endorses the company's track record in the service sector. Furthermore, the good performance of the plant consolidates its position in the international market, with the development, operation and maintenance of hybrid solar-gas, water treatment and cogeneration plants.

About Abengoa

Abengoa (MCE: ABG/P:SM) applies innovative technology solutions for sustainability in the infrastructure, energy and water sectors. (www.abengoa.com)

Communication Department:

Marián Ariza

Tel: +34 954 93 71 11

E-mail: communication@abengoa.com

Investor Relations & Capital Markets:

Gonzalo Zubiría

Tel: +34 954 93 71 11

E-mail: ir@abengoa.com

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