Post on 14-Apr-2017
ABENGOA
MEXICO
Innovative Technology Solutions for
Sustainability
México D.F., 2015
Corporate Presentation
Global Abengoa
Engineering and Construction
70-year experience in energy infrastructures
Own Know-how
Worldwide EPC leader for T&D project
1
Concessional infrastructures
Solar, transmission lines, desalination, cogeneration and others
Low market risk
25-year average contracts term
2
Industrial production
Market leadership in Biofuels, obtained from grains, sugar cane and biomass
High-growth markets
Processes and patented enzymes
3
We develop these 3 main activities into 2 high growth sectors
R&D BD EPC O&M
Energy Environment Renewable
Power Generation
Conventional Power
Generation
Power Transmission &
Distribution
Biofuels
Water Treatment & Desalination
2
We are an international company that applies innovative technology solutions for sustainability in the energy and environment sectors
Abengoa at a Glance
Attractive growth sectors Energy & Environment
2
Revenues in Dec’14 and Jun’15, with a 1.4 B€ and 650 M€ EBITDA respectively
7.1 B€ & 3.4 B€
Q1’13 Revenues
1,850 M€
North America 28%
Spain 14%
10%
3%
EU
Latam 36%
9% Africa
Attractive End Markets – as Jun’15 Figures
Concessions 8%
E&C 64%
Industrial Prod. 28%
+50 Countries with local presence & operations
Employees worldwide
+24,700
Revenues
Concessions 28%
E&C 70%
Industrial Prod. 2%
EBITDA
R&D invested in 261 patents
+425 M€
US & Spain Listed
NASDAQ October 2013
IBEX 35 since 2010
Geographically Diversified – As Jun‘15 Revenues
ME, Asia & Oceania
3
Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB) focuses its growth towards the creation of innovating technologies that contribute in sustainable development
Value creation
Our fully integrated value chain allows us to develop and maintain significant competitive advantages and deliver premium returns
4
R&D+Technology Business
Development Operation & Maintenance
E&C
Contract Secured Commercial Stage COD ABENGOA YIELD
LT Equity Partner
Excellent operation
Preventive maintenance
Maximize cash flow generation
Disruptive R&D
Target 1: cost reduction
Target 2: efficiency increase
Pilot and demo plants
Find new opportunities
Customer education
Pre-engineering
Proposal preparation
Initial development stage
Basic and detailed engineering
Construction
Commissioning
Long term financing
Performance guarantees
5
Awarded by 2014 as …
1st international contractor in T&D since 2008
1st international contractor in Electrical infra.
1st international contractor in Solar energy
2nd international contractor in Cogeneration
2nd international contractor in Water treatment
3rd international contractor in Water pipelines
70-year experience in developing complex turnkey projects. We focus on creating value for the company by getting involved in sustainability indices
12 kg
Action plans: 1. Permanently Reducing
emissions 2. Labelling of products
and services
Inventory of Greenhouse gases
emissions
Corporate Social Responsibility
Social action PE&C
Report as
GRI G4
Positioning and Responsibilities
5
Economy
Environmental Social
RSC
(Source: IDA Desalination Yearbook 2013-2014)
Solar Technology
Fist super heated tower system project
First molten salt tower project
Solana project online with 6 hour storage system
Bioenergy Tech.
W2B pilot plant in Spain
Enzymatic hydrolysis yield > 70 gal/ton biomass
B-Butanol production process at bench scale
Water Technology
Design own prototype modes for filtration per membrane system
Chemical precipitation process + membrane filtration system to concentrate brine sub-product
Significant Technological Milestones Already Achieved…
Molten Salt & Hybrid
Solar Towers
Ultra-micro Filtration Systems
Butanol
W2B Energy crops Hydrogen
Proven Technology Leadership
Technology is our growth engine, providing innovative solutions to create value and keep our leadership position
6
269 Patents(1)
…while Continuously Developing New Cutting Edge Technologies 91 91
425
2011 2012 2013 2014
598 Constant R&D investment (M€)
(1) Patents applications of which 116 have been granted
1981 - 1984 Abengoa Mexico foundation stage 1985 1st public contract with the Mexican Petroleum Institute 1986 - 1990 Obtaining contracts with the federal government and private companies
1991 - 1994 Activities in construction of transmission lines with CFE 1995 Signature of the first Project-Finance with CFE
2000 Inauguration of our steel structures factory: Comemsa 2000 - 2004 OPF*’s Major contracts OPF* for CFE
34 years creating value through strategic activities, project development for our customers and the commitment with our stakeholders
Abengoa’s track record in Mexico
2004 - 2008 Maritime terminal Dos Bocas CC plant El Sauz - 414 MW Railway electrification Buenavista-Cuautitlán
2009: Award of Centro Cultural Mexiquense Bicentenario
2011: Award of: CC plant of Centro Morelos Solar-gas hybrid plant Agua Prieta II
2010 First photovoltaic (COP16) project
2012: Award of Zapotillo aqueduct 2013 Award of Nuevo Pemex Cogeneration 3rd Train 2014: Award of Tres Mesas wind farm Nuevo Pemex CC plant
2015: Award of Norte III CC plant Cogeneration Salina Cruz
7
Nuevo Pemex Cogeneration
Energy
Generation
Transmission &
Distribution
Water and
Environment
Industrial
Plants
PPP
Buildings
Renewable
Energy
We specialize in developing energy and environment projects, both in Engineering, Procurement and Construction contracts, as well as financed projects
Key activities developed in Mexico
TL from 13.8 kV until 400 kV
Substations and Bays
Fiber optic cables
Electrification in transportation
Wind farms
Solar projects
Mini hydro power plants
Bioenergy
Processing plants
Hydrocarbons pipelines
Storage terminals
Pumping / compression plants
Cogenerations
Combined cycles
Solar-gas hybrid plants
Aqueducts
Desalination plants
Water treatment plants
Civil works in Public-Private
Partnership
Cultural centers, Hospitals...
8
Overall project references
Conventional energy
Clean energy
Power Transmission - Substations
PPP Buildings – O&M
Water
Industrial plants
8 projects / 1.2 GW (900 MW under development)
6,574 km of TL from 13.8 kV until 400 kV 4,942 MVA - 938 MVAr’s – 323 feeders of Substations
Project of Centro Cultural Mexiquense Bicentenario
Concession of Zapotillo aqueduct
11 projects, 9 of them with Pemex (PR, PGPB, PEP)
2,226 employees of
Abengoa in Mexico,
within 8 subsidiaries
9
13 projects / 4.4 GW (3 GW under development)
Our 7 assets in Mexico
Centro Cultural Mexiquense Bicentenario
Building Operation
Investment: 65 MUSD Concession: 21 years
10
Zapotillo Aqueduct
Water Distribution
140 km
Investment: 566 MUSD Concession: 25 years
Combined Cycle Norte III
Power Generation
924 MW
Cogeneration Plant Salina Cruz
Power Generation
517 MW
Power generation complex in Tabasco:
- Efficient Cogeneration Plant A3T with 265 MW
- Combined Cycle ACC4T with 680 MW
Investment: 2 BUSD Concession: 20 years
Investment: 700 MUSD Concession: 25 years
ABENGOA
Investment: 600 MUSD Concession: 20 years
Cogeneration Plant ACT - Nuevo Pemex
Power Generation
300 MW
Investment: 723 MUSD Concession: 20 years
11
Additional generation references
640 MW combined cycle
440 MUSD contract
Centro Morelos
Abengoa also develops the EPC in generation projects in different technologies
First hybrid solar-gas plant in Mexico
14 MW – supported by UN
Agua Prieta II Total capacity of 148.5 MW
First wind farm of Abengoa in Mexico
Tres Mesas wind farm
Conventional generation
42 MW – 91 MUSD
Baja California Sur IV
Private client