ACCIONA Solar, A world leader in Solar Energy

ACCIONA, a world leader in Solar Energy

Index

1. 2. 3.

ACCIONA, pioneers in development and sustainability ACCIONA Energy, leader in renewable energies ACCIONA Solar 3.1. What is ACCIONA Solar 3.2. Huerta Solar 3.3. Moura

4.

Sustainability

1. ACCIONA: pioneers in development and sustainability

1. ACCIONA, pioneers in development and sustainability

The ACCIONA Group

Leading corporation in the development, promotion and management of infrastructures and services aimed at sustainable development and social well-being A team of over 41,000 people in 30 countries on the 5 continents A solid economic position:

(Data at 31.12.2008) 12,665 M (+59.3%) 2,827 M (+100.9%) 1,678 M (+88.6%)

Turnover: EBITDA: Operating result:

Quoted on major stock indexes: IBEX-35, Dow Jones Sustainability World Index (DSJI World), Dow Jones Stoxx Sustainability Index

1. ACCIONA, pioneers in development and sustainability

Development and sustainability, key corporate strategies

A business model based on three pillars

Energy

Sustainability: Economic growth Environmental balance Infrastructures Social progress Water

1. ACCIONA, pioneers in development and sustainability

Infraestructures

Leaders in development and infrastructure management, with almost one century of experience, excellence in quality and a solid technological capability Pioneers in large social infrastructures and environmentally efficient housing units Among the 5 biggest construction companies in Spain and in the top 15 in Europe Project portfolio (Dec 08): 7,341 M (+28%) (24% in the international market) Pioneer in Project Finance for Infrastructures through concessions 20 concessions in progress at national and international level, in the transport, railway, irrigation systems, maritime and construction sectors Focused on the national and export market: Canada, US, Mexico, Brazil, Poland and Chile

1. ACCIONA, pioneers in development and sustainability

Water

Leaders in water treatment systems, particularly in desalination and reverse osmosis. Wide range of services throughout the water cycle: design and construction of desalination and treatment plants, supplies, assessment of networks, O&M, etc. Awarded the biggest plants in Spain, UK, Italy and USA. Recognition: best desalination company in 2007 (Global Water Awards) International diversification: Australia, Algeria, Dubai, UK and USA. Acciona Agua: created in 2006 following the merger of Pridesa, Infilco and Gesba A market with enormous prospects: x50 by 2050.

2. ACCIONA Energy: leader in renewable energies

2. ACCIONA Energy, leader in renewable energies

Only company with leadership in all the most viable renewables

Horizontal integration

ELECTRICITY

HEAT

BIOFUELS

Vertical integration

Wind 4,566 MW 1,471 MW 6,037 MW

Hydro 59 MW

Biomass 33 MW

Photovoltaic solar 48 MW 67 MW

Concentrating solar power 64 MW 1 MW 65 MW

Solar thermal 1 MW 14 MW 15 MW

Biodiesel

Bioethanol

270,000 t.

26,000 t.

Owned
Third parties

59 MW

33 MW

115 MW

270,000 t.

26,000 t.

Total

Total renewables owned by the company: Total installed in renewables:

Wind turbines

4,770 MW 6,324 MW

Data at 31.12.2008.

2. ACCIONA Energy, leader in renewable energies

Consolidating Worldwide Leadership

Early execution of the agreement between ACCIONA/Enel on Endesa by which ACCIONA holds a Put Option on its 25.01% stake in Endesa

Control center of renewable energies in ACCIONA Energys headquarters

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2. ACCIONA Energy, leader in renewable energies

Control center of renewable energies

The first in Spain and second in the world per number of facilities operated Controls over 4,700 MW of installed capacity in over 200 facilities worldwide Across all technologies Permanent service, 365 days, 24 hours

Control center of renewable energies in ACCIONA Energys headquarters

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3. ACCIONA Solar: A world class leader in solar energy

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3.1. What is ACCIONA Solar

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3. ACCIONA Solar

What is Acciona Solar?

A business unit focused on solar energy Integrated management approach Strong engineering capabilities Specialized in turn-key projects Provision of O&M and services Outstanding experience in Tracking systems (10.000+ in operation) System integration Individual system performance monitoring 99% + availability
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12 years of experience 66 strong team The first developer in Spain with a total of 115 MWp ISO 9001 2000, ISO-14000 certified and OHSAS 18001/2007

3.1. ACCIONA Solar

What does ACCIONA Solar do?

Huerta solar A social investment 18 Huertas Solares 66,5 MWp 3,500 owners 450 M aggregate investment Solar parks ACCIONA owned The largest PV plant in the world: 45,6 MWp in Amareleja, Portugal 240 M investment 2,520 trackers 262,080 modules Energy-efficient Sustainable architecture Spains first zero emissions building Saves 52% of energy needs of a conventional building The rest is covered by EERR sources Solar Thermal, PV roofs & BIPV 447 PV roofs grid connected 29 MW of solar thermal [64MW CSP]

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3.2. Huerta solar

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3.2. Huerta solar

The Huerta solar concept

It is an Acciona Solar development, where multiple grid connected PV facilities share land, technology, services and integrated management with the goal of ... Producing clean energy Creating a safe investment product, generating significant complementary revenue streams for both the owners and local governments Optimizing investment and O&M costs Improving services Overcoming technical and social barriers Social investment philosophy Enabling access to the general public Increasing security Huerta solar is a distributed generation system.

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3.2. Huerta solar

66.65 MW installed
NUMBER FACILITIES TOTAL MWp INSTALLED ESTIMATED OUTPUT GWh/year GREENHOUSE GASES REDUCTION TM CO2/year EQUIVALENT TREES PURIFICATION RESOURCES PUBLIC COUNTRY STATE (Mill. Eur in 20 years)

Arguedas Sesma Arguedas II Cintrunigo Rada Castejn Socullamos Almaden Milagro Albacete Aldeanueva Munera Albatana Aldea del Conde Arguedas III Corella Valtierra Bardenas

159 262 336 237 280 400 395 48 864 200 78 307 280 450 547 711 395 1563

0,95 1,57 2,10 1,43 1,78 2,64 2,59 0,29 9,50 1,15 0,49 2,09 1,89 6,28 7,06 8,85 5,39 10,60

1,58 2,31 3,62 2,41 2,56 4,33 4,52 0,51 14,24 2,26 0,86 3,60 3,38 11,11 11,42 13,62 8,73 16,95

1.474 2.155 3.377 2.249 2.388 4.040 4.217 476 13.286 2.109 802 3.359 3.154 10.366 10.655 12.707 8.145 15.814

85.500 125.003 195.893 130.415 138.532 234.314 244.595 27.598 770.583 122.298 46.538 194.810 182.905 601.207 617.982 737.033 472.415 917.232

8,04 12,92 16,89 9,05 14,08 20,11 21,92 2,50 70,39 8,52 4,40 15,49 14,00 46,53 52,31 65,57 39,94 78,54

TOTAL

7.512

66,65

108,01

100.773

5.844.853

501,20

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3.3. Moura, the worlds largest Solar PV facility

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3.3. Moura, the worlds largest Solar PV facility

Photovoltaic solar

THE WORLDS LARGEST PV PLANT 45,6 MWp plant, operational since December 2008, located in Amareleja (Portugal) 2,520 Buskil K18 trackers (141 m2 and 21 kWp) 262,080 photovoltaic modules 620 acres surface area Clean electricity for 36,000 homes Investment of 261 M On-site and remote monitoring of performance for each individual tracker

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Nevada Solar One

Location: Boulder City, Nevada Technology: Concentrating Solar Power (CSP) Collaborators: Solargenix Energy, Nevada Power Company and Sierra Pacific Resources Construction completed: June 2007 Size: 400 acres, 64 MW Projected CO2 emissions avoided: Equivalent to taking approximately 20,000 cars off the road annually. ACCIONAs Nevada Solar One harnesses solar energy to power more than 14,000 homes every year. It is the third-largest concentrating solar power plant in the world and the first such plant built in 17 years. Nevada Solar One represents a major renewable-energy success story and has the potential to compete directly with conventional fossil fuel-powered technologies. The leveraged lease structure was financed by debt participants Banco Santander and BBVA, headquartered in Spain, and CAIXA Geral de Depositos, headquartered in Portugal, and equity investors JPMorgan Capital Corporation, Northern Trust and Wells Fargo.

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4. Sustainability

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4. Sustainability

Society and the environment

High levels of acceptance of facilities by the community Respect for the environment in our projects and the local added value generated lead to community resident support at levels above 80% Benchmark environmental implementation in the sector. Use of pre-existing access roads/tracks, re-use of land, restoration of the surroundings, environmental monitoring Environmental Education programs for schoolchildren More than 105,000 participants in 15 years of visits to our renewables facilities, conducted by specialized guides Added value around the facilities Income for local municipalities, recovery of archeological heritage, singular initiatives, related industrial sector

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4. Sustainability

External recognitions
Of all the awards received by ACCIONA Solar, we would highlight the following: Prncipe Felipe: Special Mention for Renewable Energy and Energy Efficiency (VIII Edition) Sol y Paz (Sun & Peace Awards): For the development of the HuertaSolar concept, June 2004 Eurosolar Awards 2004: for its nine years of dedication to the promotion of Solar Energy Eurosolar Awards 2006: to the Association of HuertaSolar responsibility

owners because of their sense of social

to Acciona Solar for its Headquarters - Zero Emissions Building Eurosolar Awards 2007: for the development of the HuertaSolar concept

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ACCIONA Solar, A world leader in Solar Energy