Abengoa
Abengoa (MCE: ABG) is an international company that applies innovative technology solutions for sustainability in the energy and environment sectors, generating energy from the sun, producing biofuels, desalinating sea water and recycling industrial waste.
At Abengoa, we believe that the world needs solutions that will allow our development to be more sustainable. Abengoa focuses its growth on the creation of new technologies that contribute to sustainable development. To achieve this: we invest in Research, Development and Innovation, R&D&I, globally expand the technologies with the greatest potential, and attract and develop the necessary talent. Moreover, through the Focus-Abengoa Foundation, we dedicate human and economic resources to promoting social action policies that contribute to social and human progress.
Our business is divided in:
Engineering and construction: We specialize in carrying out complex turn-key projects for solar-thermal plants, solar-gas hybrid plants, conventional generation plants, biofuels plants and water infrastructures, as well as large-scale desalination plants and transmission lines, among others.
Concession-type infrastructures: We have an extensive and young portfolio of proprietary concession assets that generate revenues that are governed by long term sales agreements with formats such as take-or-pay contracts, tariff contracts or power purchase agreements (PPAs). This activity includes the operation of electric (solar, cogeneration or wind) energy generation plants and transmission lines. These assets generate no demand risk and we focus on operating them as efficiently as possible.
Industrial production: The latter covers all our businesses involving high technology components such as biofuels, industrial waste recycling or thermosolar energy generation. The company holds a significant leadership position within the geographical markets in which it operates.
View: The challenge of sustainability. Felipe Benjumea Llorente, chairman of Abengoa.