Abengoa: Renewable Energy
Abengoa, the international company that applies innovative technology solutions for sustainable development in the energy and environment sectors, has been included in the “Renewable Energy” category of the widely-used Industry Classification Benchmark (ICB), which features companies that develop or manufacture renewable energy equipment and produce alternative fuels.
The modification by the ICB, part of the most recent 2011 quarterly review, recognizes the transformation made by Abengoa in the last ten years in the energy and environment sectors, which has become a leader for electricity transmission, solar-thermal energy, cogeneration, biofuels, desalination and industrial waste recycling projects. Abengoa was previously listed in the "Heavy Construction" category of the ICB classification.
The comprehensive classification system used by investment professionals globally, assigns company classification based on company definition and majority source of revenue, ensuring a transparent and accurate service.
The Industry Classification Benchmark, which covers more than 70,000 companies and 75,000 securities around the world, is one of the most representative databases for analyzing markets. Indeed, the ICB has been adopted by several leading stock exchanges accounting for 65% of the world’s stock market capitalization, including the NASDAQ OMX, Borsa Italiana, the London Stock Exchange, Kuwait Stock Exchange, the Athens Stock Exchange, the Singapore Exchange, the Taiwan Stock Exchange, the Cyprus Stock Exchange and the Johannesburg Stock Exchange.
Since 2007 Abengoa has been a constituent of various global sustainability indices such as the Merrill Lynch Renewable Energy Index, the Living Planet Green Tech Europe Index, and several FTSE indices, including the FTSE4GoodIbex Index, the FTSE Environmental Opportunities All-Share Index, FTSE ET50 Index and the FTSE Renewable & Alternative Energy Index. It has also formed part of the Carbon Disclosure Project since 2008.
Abengoa is an international company that applies innovative technology solutions for sustainable development in the energy and environment sectors, generating electricity from the sun, producing biofuels, desalinating sea water and recycling industrial waste. (www.abengoa.com)
Investor Relations contact
Bárbara Zubiría Furest.
Tel: +34 954 937 111