BEFESA

BEFESA Water and Recycling for a Sustainable World

For a sustainable world…

we recycle industrial waste,
we generate and manage water.

April 2010
BEFESA

1 About Us

2 Befesa's Commitment

3 Our Activities

4 Financial Data

2
BEFESA About Us

Abengoa is a technology company that applies innovative solutions for sustainability in

the infrastructure, environmental and energy sectors, bringing long-term value to our
shareholders through a management model characterized by encouragement of
entrepreneurship, social responsibility, and transparent and efficient management.

ABENGOA Corporate Area

Focus-
Abengoa Abengoa
Befesa Telvent Abeinsa Abengoa
Solar Bioenergy
Foundation
Business Units

Bioenergy Information Technologies Social Action

Environmental Industrial Engineering
Solar
Services and Construction

3
 BEFESA About Us

Befesa is an international company specializing in the recycling and integral management

of industrial wastes, as well as the generation and management of water.

• 1.8 million tons of waste treated per year.

• Capacity to desalinate more than 1.2 million cubic
meters of water per day.
• Sales of 722 million euros in 2009.
• Presence in 22 countries.
• 2,800 professionals.
Continuous market: BMA

Industrial waste recycling Generation and management of water

4
BEFESA Befesa's Commitment

What does the future hold?

Significant population growth. In 20 years there will be 8.0 billion

people and by 2050 there could be 11.0 billion

In
In 20
20 years,
years, 50%
50% of
of the
the
Increase
Increase in
in domestic
domestic and
and Significant
Significant increase
increase in
in population
population could
could suffer
suffer
industrial
industrial waste
waste energy
energy demand
demand from
from water
water shortages
shortages

The key to sustainability is to tackle these problems with

innovative and viable solutions

5
 BEFESA Befesa's Commitment

Befesa
Befesa provides
provides solutions
solutions for
for the
the recycling
recycling and
and managing
managing of
of industrial
industrial wastes,
wastes, and
and
managing
managing and
and generating
generating water,
water, while
while taking
taking into
into account
account our
our social
social responsibility
responsibility

to contribute to creating a sustainable world

Befesa's
Befesa's recycling
recycling activities
activities prevent
prevent the
the emission
emission of
of more
more than
than 500,000
500,000 tons
tons of
of CO
CO22
per
per year.
year.

It
It manages
manages more
more than
than 1,800,000
1,800,000 tons
tons of
of industrial
industrial waste,
waste, allocating
allocating more
more than
than
1,000,000
1,000,000 tons
tons to
to the
the production
production of
of new
new materials
materials through
through recycling.
recycling.

It
It has
has aa capacity
capacity to
to desalinate
desalinate more
more than
than 1.2
1.2 million
million cubic
cubic meters
meters of
of water
water per
per day,
day,
equivalent
equivalent toto supplying
supplying eight
eight million
million people.
people.

6
 BEFESA Befesa's Commitment

Our mission Our vision

To recycle and manage industrial wastes that To become a leading company around the
require technologically intensive processes, as well world in managing industrial wastes and in the
as developing activities that comprehensively water sector, contributing to sustainable
encompasses the whole water cycle. development.

What defines us as a company

For a sustainable world…

we recycle industrial waste,
we generate and manage water.

7
BEFESA Our Activities

Presence in 22 countries

United z
Kingdom z Sweden
z Poland
Germany z z Ukraine
z France
United States
z Portugal z z
Spain
Morocco z z Algeria United Arab Emirates z China
z z
z Libya z India
Mexico

z Nicaragua z
Sri Lanka

Peru z Angola z

Chile z

z
Argentina

8
 BEFESA Our Activities

Industrial waste recycling

Steel waste recycling • Integral service for collecting and treating steel dust.
• Integral service for collecting and treating stainless steel dust.
National and European • Zinc waste recycling.
leader in steel dust
recycling.

Aluminum waste recycling

• Integral recovery of aluminum waste and scrap.
National and European • Production of secondary aluminum alloys.
leader by volume of • Salt slag recycling.
treated waste.

• Integral management of industrial wastes.

Industrial waste management
• Decontamination of transformers with PCBs.
• Recycling plastics used in agriculture.
Leader on the Iberian • Recycling desulphurization wastes.
Peninsula in the integral • Industrial cleaning.
management of industrial • Land decontamination.
wastes.

9
BEFESA Our Activities

Steel waste recycling

National and European leader in

steel dust recycling. More than
502,500 tons treated.

• National and European leader in the integral collection and

treatment of steel dust and stainless steel, as well as the
recycling of zinc wastes.
• National leader in the treatment of galvanization wastes.
• Productive plants in Spain, France, Germany and Sweden.

• Representative office
• Production Plant

10
BEFESA Our Activities

Aluminum waste recycling

National and European leader by

volume of treated waste.
327,500 tons treated.

• National leader in the integral recovery of aluminum wastes and scrap,

and the production of secondary aluminum alloys (68,3000 tons).
• Leader in treating salt slags in Spain and the United Kingdom.
• Design, construction, assembly and start-up of turn key facilities for the
aluminum and zinc industry.
• The acquisition of three productive plants specialize in the treatment and
recycling of salt slags in German towns of Hannover, Lünen and Töging,
equipped with the highest technology in the market, and with a global
treatment capacity per year of 380,000 t of waste. Therefore, Befesa is
leader in the recycling of salt slags in Europe, with five productive plants
strategically located over the European continent.

11
BEFESA Our Activities

Industrial waste management

Leader on the Iberian Peninsula

in the integral management of
industrial wastes. More than
1,000,000 tons treated.

• Leader in industrial waste management in Spain.

• National leader in industrial cleaning and services for
petrochemical plants and refineries.
• National leader in recycling low density polythene.
• Efficient solutions for recycling materials with PCBs.
• Specialists in the evaluation, diagnosis and remediation of
contaminated land.
• One of the most important actors in those Latin American
countries in which it operates.

12
BEFESA Our Activities

Generation and management of water

• Desalination of sea water.

Generation
• Desalination of brackish water.
Desalination and treatment:
key to growth in water. • Drinking water treatment plants.
Consolidation in the
international market. • Waste water treatment and reuse plants.

• Regulation.
Management • Aqueducts.

Strong growth in transport • Supply.

infrastructures in developing • Sanitation.
economies.
• Hydroelectric power.

13
BEFESA Our Activities

Water
Capacity to desalinate 1.2 million
cubic metes of water per day.
National leader in the treatment of
urban and industrial water.

1.400.000
1,222,600

• Leader in the Spanish desalination market and one of the 1.200.000

1,000,000
most important companies in the international market. 1.000.000 900,000

• Capacity to desalinate more than 1.2 million cubic meters 800.000

of water per day, sufficient to supply eight million people. 600.000

400,000
• Exponential growth in installed desalination capacity since 400.000
400,000

2000.
200.000

• National leader in the construction of hydraulic 0

infrastructures. 2001 2003 2005 2007 2009

Desalination capacity (m3/day)‫‏‬

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 BEFESA Financial Data

Sustained growth in the last five years

: 16% : 31
%
: 26
%
GR
70
1000 180
GR GR
900 CA 873
160 CA 158
CA 59
60
800 770
722 140
124 50 48
700 119
120
41
600 555
40
100
500
402 80 30
400 24
58
60
300 20
40 16
200 40

10
100 20

0 0 0

2005 2006 2007 2008 2009 2005 2006 2007 2008 2009 2005 2006 2007 2008 2009

Sales (M€)‫‏‬ EBITDA (M€)‫‏‬ Net income (M€)‫‏‬

CAGR: Compound Annual Growth Rate

15