10.03.06

10.3.2006: Meldung: Abengoa SA: two million euro contract for new wastewater treatment plant

Befesa awarded the construction of a new treatment plant in Granada

Madrid, March 9, 2006. - Befesa Medio Ambiente, the parent company of Abengoa"s environmental services business activity, has been awarded a two million euro contract by the company Gestión Medioambiental, S.A -Egmasa-, which belongs to the Department of the Environment of the Regional Government of Andalusia, to design and construct the new wastewater treatment plant to cover the needs of the municipalities of Durcal and Nigüelas, in the province of Granada.

With the construction of the new treatment plant, Befesa will solve the wastewater discharge problem, while improving the quality of the river water. The treatment plant will be capable of treating the wastewater from a population of 8,000 and also of being enlarged according to the needs of the area.

In the words of Befesa"s Chairman, Javier Molina, "with this new contract, Befesa consolidates itself as a reference company in the water sector and, more specifically, in that of treatment with more than 30 treatment plants constructed in Spain. This new project, which is included within the framework of the company"s water sector growth and consolidation strategy, now becomes part of a long list of environmental references Befesa has in the Regional Government of Andalusia."

Befesa"s experience in this sector is vastly proven by the works it has executed throughout Andalusia, such as those in Huelva, Seville, Jaen, Malaga and Almeria. Of note, among other projects, are the design and construction of the "El Rincón de la Victoria" treatment plant in Malaga, capable of supplying a population of more than 60,000, and the 14 million euro wastewater purification and treatment works for four municipalities in the province of Cordoba.

Befesa, Abengoa"s environmental services subsidiary, focuses its activity on providing environmental services for the industrial sector, and on the construction of environmental infrastructures. It is a Listed Company and closed the 2005 financial year with treasury stock in excess of 397 million euro, and billing of 402.4 million euro. (www.befesa.es).

Abengoa is a technological company that applies innovative solutions for sustainable development in the infrastructures, environment and energy sectors. It is a Listed Company with treasury stock of 1,375 million euro (18.01.2006) and is present in more than 70 countries, where it operates with its five Business Units: Solar, Bioenergy, Environmental Services, Information Technology, and Industrial Engineering and Construction. (www.abengoa.com).
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