Abengoa Begins Construction on the First Desalination Plant in Western Africa, in Ghana

Abengoa Begins Construction on the First Desalination Plant in Western Africa,
                                   in Ghana

-- The desalination plant will have a capacity to supply drinking water to
more than 500,000 people.

PR Newswire

SEVILLE, Spain, Nov. 19, 2012

SEVILLE, Spain, Nov.19, 2012 /PRNewswire/ --Abengoa, the international
company that applies innovative technology solutions for sustainable
development in the energy and environment sectors, has begun construction of
the Nungua desalination plant in Ghana, the first in western Africa.

The desalination plant, which will require an investment of US$ 125 million,
will have the capacity to produce 60,000 m^3/day using reverse osmosis
technology. Abengoa will be responsible for the design and construction of the
plant, as well as its subsequent maintenance and operation for a 25 year
period. Revenues from water sales are forecast to exceed US$ 1,300 million
during this time.

The work is expected to take 24 months and will create some 400 direct and
indirect jobs.

The plant, which has been welcomed by Ghanaian authorities and local people,
will enable drinking water to be supplied to more than 500,000 residents in
the towns of Teshie, Nungua and Tema, improving their quality of life.

Accra, the capital of Nungua, with nearly three million inhabitants, currently
struggles to meet the demand for water from its more remote towns and
villages. In a country with a rapidly growing population, only 50% of the
800,000 m^3/day of water currently required to cover the needs of the
population can be supplied. The Ghanaian authorities have therefore
prioritized water supply projects and private investment within the country's
Economic Recovery Program, which was launched in the 1980s to revitalize its
economy.

This project will increase Abengoa's installed water desalination capacity to
nearly 1,200,000 m^3/day, sufficient to supply drinking water to more than 7.6
million people. Its technology contributes to resolving the serious lack of
drinking water in numerous countries around the world, encouraging their
global development.

Abengoa is consolidating its position as a world leader in the water sector
and has already developed desalination plants in Algeria, Ghana, India, China
and Spain.

About Abengoa

Abengoa (MCE: ABG) 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)

Communications Department:
Patricia Malo de Molina Melendez
Tel: +34 954 93 71 11
E-mail: communication@abengoa.com

Anisha Shah
Weber Shandwick for Abengoa
Tel: +1 212-445-8342
E-mail: avshah@webershandwick.com

Investor Relations:
Barbara Zubiria Furest
Tel: +34 954 937 111
E-mail: ir@abengoa.com

SOURCE Abengoa

Website: http://www.abengoa.com