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contents
                               04.
                               ACCIONA Energy,
                                                    06.
                                                    Why ACCIONA
                                                                                 14.
                                                                                 ACCIONA
                               a world leader       Energy leads                 Energy
                               in renewable         the way                      implantation
                               energy

16. Wind power.                                  26. Solar photovoltaic power.
22. Wind turbines.                               28.   Hydropower.

24.   Concentrating solar power.                 30.   Biomass.

                                                 32.   Biofuels.

34.
Energy sales
                               36.
                               Energy
                                                    38.
                                                    Innovation
                                                                                 40.
                                                                                 Community
                               efficiency                                        and environment
ENERGY WORKING WITH LIMITLESS ENERGY
Energy

Acciona, pioneers in
development and sustainability

ACCIONA is one of Spain’s foremost business corporations, a global leader in the
development and management of infrastructures, renewable energy, water and services.
With over a century’s experience and a payroll exceeding 30,000 employees, ACCIONA
operates in more than 30 countries over five continents. ACCIONA is listed on the
selective Ibex 35 stock market index and is a benchmark for the market.

Its positioning as a pioneer in development and sustainability expresses its capability
to rise to the challenge of achieving sustainable development in all its business areas.
One of its specific commitments is to gradually reduce its climate footprint and
lead a transition towards a low-carbon economy. Hence, ACCIONA’s activities and
businesses in 2009 avoided a total emission of 7.58 million metric tons of CO2 into the
atmosphere, 35.5% up on 2008.

ACCIONA is focusing its strategy on two concepts: sustainability and social well-being
as pillars of economic growth, ecological equilibrium and social progress.

This commitment was ratified by ACCIONA’S inclusion in various sustainability indexes,
such as the Dow Jones Sustainability World Index (DJSI World) and the Dow Jones Stoxx
Sustainability Index (DJSI Stoxx), in which it is rated Sector Leader.

ACCIONA’s commitment to Innovation has been consolidated by more investment,
projects, programmes and human resources, illustrating the Company’s intention
of maintaining its leadership in the development of more sustainable solutions and
alternatives
ENERGY WORKING WITH LIMITLESS ENERGY
4 // 5 A world leader in renewable energy

             ACCIONA Energy, leading the world in renewables
             ACCIONA Energy is a global              It is present throughout        a range of services to a
             leader in renewable energies,           the entire wind power           variety of clients interested
             the largest operator in the             value chain – its main          in investing in or developing
             world dedicated exclusively             business – with activities      renewable energy projects.
             to these energy sources.                in project development,
                                                     engineering and construction;   It does all this with a
             With 20 years’ experience in            wind turbine manufacturing;     strong, multidisciplinary
             the industry, the Company               and operation, energy           management team with
             has significant assets in seven         sales and marketing             broad international
             clean technologies – wind,              of CO2 credits.                 experience and a highly
             concentrating solar power,                                              qualified staff of over 2,000
             photovoltaic, hydropower,               ACCIONA Energy has              people.
             biomass, biodiesel and                  a broad portfolio of
             bioethanol – in 12 countries            proprietary assets and
             on four continents.                     projects, and also delivers

              THE big figures
             ACCUMULATED FIGURES (AT 31.12.2009)

             Owned capacity (MW)                                                                             7,437
             Total investment in fixed assets (M€)                                                          10,757

             ANNUAL FIGURES (2009)

             Total production (GWh)                                                                         13,569
             CO2 emissions avoided (million metric tons)                                                      8.04
             Revenues (M€)                                                                                   1,248
             EBITDA (M€)                                                                                       629

                                                                                                                     ACCIONA Energy’s main line of business is
                                                                                                                                                 wind power.
ENERGY WORKING WITH LIMITLESS ENERGY
Energy
ENERGY WORKING WITH LIMITLESS ENERGY
6 // 7 A unique platform for future growth

Why acciona energy leads the way

A unique platform for future growth

SKILLED PROFESSIONALS                                                                            20 YEARS’ EXPERIENCE
Led by a solid and experienced management team               1                           Recognized as an industry benchmark

                                                     6
                                                                              2
DELIVERING MULTIPLE SERVICES                                                      IN MORE RENEWABLE TECHNOLOGIES
To a wide range of clients                                                                              Mix of quality assets
                                                                 Energy

                                                 5

WORLDWIDE                                                                 3         ACROSS THE ENTIRE VALUE CHAIN
Operations in key markets                                                          Competitive advantage and maximum return
                                                         4
ENERGY WORKING WITH LIMITLESS ENERGY
Energy

               1
    6
                       2
                           20 YEARS’ EXPERIENCE                                                                                                  AW-3000 prototype
5                          more than anyone else in the industry
                   3
          4

MILESTONES AND GROWTH IN INSTALLED CAPACITY (MW)
                                                                                                              Our first solar thermal
                                                                                                                          (CSP) plant

                                                                                                                                                                7,437
                                                                                                   Bioethanol plant

                                                                                               Biomass plant
                                                                                                                      Biodiesel plant
                                                                                                                                                        4,871

                                                                                                                                                4,090

                                                                                Proprietary WTG
                                                                                   prototype                                            3,337

                                                         First photovoltaic
    First hydroelectric            First wind power          installation                                                     2,647
           plants                     installation
                                                                                                                      2,204
                                                                                                             1,791

                                                                                                     1,308
                                                                                            1,094
                                                                                     833
                                                                              602
                                                                       396
                                                        150    247
        19          23      33     36     45     89

        1990       1991    1992   1993   1994   1995   1996   1997    1998    1999   2000   2001     2002    2003     2004    2005      2006    2007    2008    2009
ENERGY WORKING WITH LIMITLESS ENERGY
8 // 9 A world leader in renewable energy

             1
     6
                     2
                         OUR OFFERING: SEVEN RENEWABLE TECHNOLOGIES
 5
                 3       Our guarantee: a mix of quality assets
         4

 HORIZONTALLY INTEGRATED

ELECTRICITY (MW)                                                                                     BIOFUELS (metric t.)

Wind                      Solar                 PV Solar                 Hydroelectric     Biomass   Biodiesel              Bioethanol
                          Thermal (CSP)

6,230                     114                   48                       911               33        270,000                33,000

TOTAL PROPRIETARY CAPACITY: 7,437 MW*

* At 31.12.2009. The figure includes 100 MW of cogeneration and 1 MW of solar hot water.
ENERGY WORKING WITH LIMITLESS ENERGY
Energy

             1
    6
                      2

5
                            A PRESENCE IN
                  3         strong growth makets
        4

ACCIONA ENERGY across the globe at 31.12.2009 (in MW)

                                                                                        Hungary 24

                                                                                  Germany 150

 Canada 136
                                                                 Spain 5,688
                                                                 Wind            4,591
                                                                 Hydro             911
 USA 554                                                         CSP                50                                                                    South Korea 62
 Wind                 490                                        Biomass            33
 CSP                   64                                        PV solar            2
                                                                 Solar hot water     1                                                                   India 30
                                                                 Cogeneration      100

 Mexico 251
                                                                             Portugal 165                            Greece 48
                                                                             Wind         119
                                                                             PV solar      46                          Italy   71

            Proprietary installations

            Installed for customers
            Currently under development                                                                                             Australia 258

                 * In countries where the technology is not specified, wind power has been implemented.   Company-owned MW: 7,437   Attributable MW: 6,555
                                                                                                                                    Total installed MW: 8,992
ENERGY WORKING WITH LIMITLESS ENERGY
10 // 11 A world leader in renewable energy

            1
    6
                    2

5
                         ACROSS THE ENTIRE
                3        value chain
        4

VERTICALLY INTEGRATED

VALUE CHAIN

    Project development

                        Engineering

                               Construction

                                              Turbine manufacture

                                                                    Financing

                                                                                Trading

                                                                                          O&M

                                                                                                Proprietary

                    Development                 Industrial          Operation, energy sales and services

ACTIVITIES
Energy

            1
    6
                    2

5
                        A BROAD RANGE OF SERVICES
                3       for a variety of customers
        4

multiple services                                    multiple clients

                                                      Financial investors

Development                      Wind Turbines
                                                      Governments and institutions

                                                      Electric companies
Biomass                          Trading

                                                      Other institutions
                                                      and organisations

Carbon Credits                   O&M Management
12 // 13 A world leader in renewable energy

            1
    6
                    2
                        SKILLED PROFESSIONALS
5
                3
                        with a top-flight management team
        4

                        DISTRIBUTION OF EMPLOYEES                        A GROWING WORKFORCE

                                                                                               2,114

                                                 60%
                                                                                     1,680
                         77%

                                                                               716

                                                 40%
                        23%

                                                                              2005   2007      2009
                           Energy business             Spain
                           Industrial business         Other countries
Energy

                      Work at the Company’s WTG blade
                                   manufacturing plant.

An ACCIONA technician inspects the
nacelle of a wind turbine.
14 // 15 A world leader in renewable energy

                                       ACCIONA ENERGY IMPLANTATION
                                       Accumulated figures (in MW) at 31.12.2009

                                        ELECTRICITY
                                       Proprietary                                        Total     Attributable
                                       Installations                                   Capacity         Capacity
                                       Wind power                                        6,230.38        5,364.08
                                       Concentrating solar power                          114.00           114.00
                                       Solar PV                                             48.26           32.51
                                       Solar hot water                                       0.72            0.72
                                       Hydro                                              910.59           910.59
                                       Biomass                                              33.00           33.00
                                       Renewables                                        7,336.95        6,454.90
                                       Cogeneration                                       100.30            99.85
                                       Total                                             7,437.25        6,554.75

                                       Built                                              Total
                                       for customers                                   Capacity
                                       Wind power                                        1,471.67
                                       Concentrating solar power                             1.00
                                       Solar PV                                             66.80
                                       Solar hot water                                      15.17
                                       Total                                             1,554.64

                                        BIOFUELS
                                       Proprietary                                        Total      Attributable
                                       Installations                               Capacity (mt)    Capacity (mt)
                                       Biodiesel                                         270,000          270,000
                                       Bioethanol                                         33,000           16,500
                                       Total                                             303,000          286,500
Energy

                                      ACCIONA ENERGY PRODUCTION
                                      Annual figures 2009 (in GWh)

                                      ELECTRICITY*
                                      Proprietary                                             Total      Attributable
                                      Installations                                        Capacity          Capacity
                                      Wind power                                              11,550               9,746
                                      Concentrating solar power                                    125              125
                                      Solar PV                                                      94                82
                                      Hydro                                                      1,037             1,037
                                      Biomass                                                      162              162
                                      Renewables                                              12,968             11,152
                                      Cogeneration                                                 601              600
                                      Total                                                   13,569             11,752

POWER CAPACITY GROWTH                                                PRODUCTION GROWTH
Accumulated figures (in MW)                                          Annual figures (in GWh)

    Proprietary                 Attributable                                     Total                      Attributable

                   7,437                       6,555                                      13,569                            11,752

                                                                         9,659
  4,871                                                                                                    7,911
                              4,004

          +52.7%                      +63.7%                                     +40.5%                            +48.6%

  2008             2009       2008             2009                      2008             2009            2008              2009
Energy

                    WIND POWER
                    5% of the world’s implementation
                    At year-end 2009, ACCIONA         representing over 30% of           ACCIONA’s wind production
                    Energy had a total of 7,702       the country’s total capacity.      in 2009 totalled 11,550 GWh
                    MW of installed wind              The group-owned capacity           – 38.4% more than in 2008.
                    power (5% of the world’s          in Spain comes to a total of
                    installed wind power) at 271      4,591 MW (74%) and the             In 2009, ACCIONA Energy
                    wind farms located in 14          capacity implemented in            absorbed Endesa’s wind
                    countries. The Company owns       other countries is 1,639 MW        assets as part of an
                    assets totalling 6,230 MW,        (26%).                             agreement to sell ACCIONA’s
                    distributed over 213 wind                                            25% stake in this company.
                    farms, with an attributable       ACCIONA has several tens
                    capacity of 5,364 MW.             of thousands of MW in wind         These assets represented
                                                      projects in process in USA,        a total of 1,227 MW
                    ACCIONA has constructed 58        Spain, Australia, Canada, Italy,   –1,133.3 MW in Spain and
                    wind farms for third parties      Greece, India, South Korea,        93.7 MW in Portugal –
                    totalling 1,472 MW. The           Poland, United Kingdom,            which have significantly
                    majority of these wind farms      Slovenia, Croatia, Mexico          reinforced the Company’s
                    are operated by the group.        and Chile, amongst other           global presence in the
                                                      countries.                         industry and, specifically, in
                    In Spain it has installed 5,945                                      both countries.
                    MW for itself or for clients,

ACCIONA has installed 5% of the world’s total
wind power capacity in facilities owned by either
the Group or by third parties.
18 // 19 A world leader in renewable energy

ACCIONA ENERGY – wind power implementation worldwide
Accumulated figures at 31.12.2009 (MW)

                                                                            Germany
                                                                            150
                                                                                       Hungary
                                                                                       24

                                                                       France

Canada
136
                                                                       Spain
                                                                       4,591
USA                                                                    Portugal                                                                South Korea
490                                                                    119                                                                     62

                                                                                                                                               India
                                                                                                                                               30

Mexico                                                                                                Greece
251                                                                                                   48
                                                                       Morocco
                                                                                                      Italy
                                                                                                      71

                                                                                                                Australia
                                                                                                                258

                                         Proprietary Installations

                                         Installations for customers                  Company-owned MW: 6,230      Attributable MW: 5,364
                                         Currently in development                                                  Total installed MW: 7,702
Energy

ACCIONA ENERGY WIND POWER IMPLEMENTATION
COUNTRIES                                Number of            Total    Attributable
                                      Installations   Capacity (MW)   Capacity (MW)
PROPRIETARY INSTALLATIONS                      213         6,230.38         5,364.08
Spain                                          162         4,591.20         3,922.80
USA                                              5           489.63           415.38
Mexico                                           1           250.50           250.50
Canada                                           3           136.00            58.00
Australia                                        2           258.00           225.00
Germany                                         15           150.30           150.30
Italy                                            2            71.40            71.40
Greece                                           2            48.45            48.45
Hungary                                          1            24.00            11.35
Portugal                                        17           119.70           119.70
India                                            2            29.70            29.70
South Korea                                      1            61.50            61.50

BUILT FOR CUSTOMERS                             58         1,471.67
Spain                                           38         1,354.29
France                                          17           105.58
Morocco                                          1            10.20
Italy                                            2             1.60

TOTAL INSTALLED WIND POWER CAPACITY            271         7,702.05
Spain                                          200         5,945.49
Other countries                                 71         1,756.56
20 // 21 A world leader in renewable energy

   The 34.5 MW Boira
   wind farm in Spain.
Energy

                                       Mexico’s Eurus wind farm (250.5 MW) is
                                         the largest constructed by ACCIONA.

Tatanka wind farm (180 MW) straddles     The Cathedral Rocks facility (66 MW)
North and South Dakota, USA.           stands on the South Australia shoreline.
22 // 23 A world leader in renewable energy

WIND TURBINES
built with home-grown technology
ACCIONA Windpower uses           in operation since 2009, and     WIND TURBINE GENERATORS FOR WIND FARMS IN 12 COUNTRIES
proprietary technology to        an assembly plant for wind
design wind generators with      turbine bushings and central
different models adapted to      axles in Toledo.
all wind resource conditions.
                                 In six years, ACCIONA                                  United
The Company has three            Windpower has                                          Kingdom
                                                                 Canada
production plants: two in        manufactured a total of                                France                                South
Spain, in Barásoain (Navarre)    2,139 wind turbines, with       USA                                                          Korea
                                                                                        Spain
and La Vall D’Uixó (Valencia);   a combined capacity of                                                                       China
and one in the United States     3,211.5 MW. The 1.5 MW            Mexico
(West Branch, Iowa).             turbine is available in three
ACCIONA Windpower has            rotor diameters: 70, 77                                                     Greece
another two industrial           and 82 meters. In 2010 it                                                   Italy
facilities in Spain: a wind      brought to market a 3 MW                   Chile
turbine blade manufacturing      turbine with rotor diameters                                                Australia
plant in Lumbier (Navarre),      of 100, 109 and 166 meters.

                                                                                                            Assembly Plants
Energy

Above, the inauguration of ACCIONA Windpower’s wind turbine        First prototype of ACCIONA
generator plant in Iowa (USA). Below, the WTG blade manufac-   Windpower’s 3MW WTG installed
turing plant in Lumbier, Spain.                                                  in a wind farm.
24 // 25 A world leader in renewable energy

             CONCENTRATING SOLAR POWER
             five plants operational in 2011
             ACCIONA Energy is one of                facility in the Extremadura                     STATUS OF ACCIONA CSP FACILITIES
             the world’s leading players             region. In 2010, it will bring
             in the concentrated solar               online two other 50 MW
             power sector. The Company               facilities -Majadas and Palma                   USA
             owns a 64 MW plant in                   del Río II-, and one more
             located in the Nevada Desert            in 2011 -Palma del Río I-.
             (USA) which has almost 76               Therefore, ACCIONA’s total
             linear kilometres of parabolic          capacity in CSP operational
             cylinder concentrators. This            plants will reach 264 MW.
             facility is the largest of its
             kind built anywhere in the              The company has another
             world in the last 19 years. The         50-MW plant authorised
             Company had previously built            in Spain – Orellana – and
             a 1 MW plant in Arizona for             another in progress –                           Spain
             customers.                              Alvarado II – with the same
                                                     capacity. ACCIONA also has
             In 2009 ACCIONA grid-                   an impressive portfolio of CSP
             connected its first plant in            projects in the South-western
             Spain, the 50 MW Alvarado I             region of the United States.

             ACCIONA ENERGY CSP IMPLEMENTATION
             Accumulated figures (MW)                                                                        Proprietary and operational

                                                                        TOTAL         ATTRIBUTABLE           Under construction
                                         COUNTRY
                                                                     CAPACITY             CAPACITY           Built for customers

             Operational                 USA/Spain                         115                 114           In development

             Under construction*         Spain                             150                 150
             Total                                                        265                 264

             * 100 MW will be operational by 2010
Energy

     Views of
ACCIONA CSP
   facilities in
Nevada (USA)
 and Alvarado
       (Spain).
26 // 27 A world leader in renewable energy

SOLAR PHOTOVOLTAIC POWER
One of the biggest plants in the world
ACCIONA has wide-               At the end of 2008
ranging experience in the       ACCIONA connected to the
development, construction       grid the 45.8 MW Amaraleja
and operation of solar          (Moura, Portugal) solar PV        ACCIONA ENERGY SOLAR PV IMPLEMENTATION
photovoltaic (PV) plants.       plant, one of the largest of     Accumulated figures (MWp)
                                its kind built anywhere in                                                     INSTALLED          ATTRIBUTABLE
                                                                                           COUNTRY
It has connected to the grid    the world. The facility, in                                                    CAPACITY*              CAPACITY
more than 69 MW of solar        which the Company holds          Operational               Spain                     69.28                  2.48
PV capacity in Spain; most      a majority stake, comprises                                Portugal                  45.78                 30.03
of this capacity is grouped     2,520 solar trackers with        Total                                              115.06                 32.51
in so-called huertas solares    a total of 262,080 PV
                                                                 (*) Proprietary capacity accounts for a total of 48.26 MWp. The rest
(literally ‘solar gardens’)     modules, and covers an           is from installations built for customers.
in which a number of            area of approximately 250
individuals co-own solar        hectares.
PV facilities and share
services that are managed by    ACCIONA is currently              STATUS OF SOLAR PV FACILITIES
ACCIONA.                        developing PV projects in a
                                number of countries, such as
Huertas solares account for     the construction of facilities
60 MW of solar PV capacity;     in France under a framework
altogether, 3,500 owners        agreement subscribed with
have invested a total of more   a Franco-Spanish group to        Portugal
than 456 million euros in a     develop up to 250 MW of PV
total of 18 huertas.            solar capacity in the country.                                                               Sapin

                                                                                                                     Proprietary and operational
                                                                                                                     Built for customers
Energy

   Aerial view of the 45.8 MWp
    solar PV plant in Amaraleja
              (Moura, Portugal).

Inauguration ceremony of a
huerta solar in Spain.
28 // 29 A world leader in renewable energy

HYDROPOWER
Moving from strength to strength
ACCIONA has more               All this has considerably       ACCIONA HYDROPOWER IMPLEMENTATION
than 910.6 MW of hydro         enhanced the Company’s          Accumulated figures (MW)
capacity in 79 installations   standing in the hydroelectric                                             NUMBER OF           ATTRIBUTABLE
                                                                                        COUNTRY
across Spain. Most of this     sector: it now holds assets                                                FACILITIES            CAPACITY*
capacity (851.8 MW) was        that account for 12.4% of       Operational              Spain                      79                  910.6
incorporated in 2009 when      its proprietary capacity in     Total *                                             79                  910.6
ACCIONA acquired a raft        renewable energies.
                                                               * Of the 910.6 MW, a total of 678.9 MW come under Spain’s Ordinary Regime
of assets as part of its                                          of electricity generation and 231.7 MW under the Special Regime.
divestment in Endesa.          ACCIONA’s hydroelectric
                               production in 2009 came
Prior to then, ACCIONA had     to a total of 1,037 GWh, a
58.8 MW spread across 19       figure which includes only      LOCATION OF HYDRO FACILITIES
mini-hydro plants: 18 in       the electricity generated by    Capacity in MW
Navarrre and 1 in La Rioja.    Endesa in the second half of
                               the year, which means that                                         45
                                                                  Spain                                       76
Following the                  the production in a complete                                               1                  41
                                                                                                                   744
abovementioned purchase,       year would be significantly                                                4
ACCIONA incorporated 41        higher.
hydroelectric facilities in
Aragon (total: 744 MW), 13
in Catalonia (40.7 MW), 4 in
Cantabria (44.5 MW), 1 in
Navarre (18.7 MW) and 1 in
Castile-Leon (3.9 MW).
                                                                                                                         Operational
Energy

ACCIONA hydroelectric facility
in the Aragon Pyrenees (Spain).
30 // 31 un LÍDER GLOBAL EN RENOVABLES
Energy

                BIOMASS
                Two new facilities in 2010
                ACCIONA has three                  ACCIONA has another five
                operational biomass plants in      biomass projects currently
                Spain with a total capacity of     under development - with a
                33 MW and a mean annual            total capacity of 82 MW – in
                production of 240 GWh.             Alcázar de San Juan (Ciudad
                                                   Real), Utiel (Valencia), Valencia
                One of the plants, the 25 MW       de Don Juan (León), Almazán
                Sangüesa (Navarre) facility,       (Soria) and Mohorte (Cuenca).
                became operational in 2002
                and produces electricity (200      Apart from its proprietary
                GWh) by burning 160,000            biomass facilities, the             ACCIONA BIOMASS IMPLEMENTATION
                metric tons of straw a year.       Company is able to undertake                                COUNTRY
                                                                                                                                NUMBER OF           ATTRIBUTABLE
                The two other facilities (4 MW     projects for customers,                                                       FACILITIES        CAPACITY (MW)
                each) are located in Cuenca        including the logistics of          Operational             Spain                        3                  33.00
                and Soria.                         the straw supply and the            Under Construction*     Spain                        2                  32.00
                                                   engineering, construction and       Total                                                5                  65.00
                The Company has two                operation of the facility.          * The two power plants will become operational in 2010.
                further biomass plants under
                construction in Briviesca                                              STATUS OF BIOMASS FACILITIES
                (Burgos) and Miajadas
                (Cáceres) with a total capacity
                of 32 MW. They are expected
                to become operational in
                2010.

                                                                                        Spain

                                                                                                                                                 Operational
                                                                                                                                                 Under construction
                                                                                                                                                 In development

the straw-fired biomass plant in navarre (spain)
has an annual production of 200 GWh.
32 // 33 A world leader in renewable energy

BIOFUELS
Biodiesel and Bioethanol
ACCIONA is present in             The facility, which produces
biofuel production, in            bioethanol using alcohol
biodiesel and bioethanol          distilled from surplus wine,
technologies.                     became operational in early
                                  2006 and has a capacity of
In biodiesel, the Company         33,000 metric tons.              ACCIONA ENERGY BIOFUELS IMPLEMENTATION
has two operational plants                                                          TECHNOLOGY
                                                                                                        NUMBER OF             ANNUAL
with a combined capacity          In addition, ACCIONA’s                                                 FACILITIES       PRODUCTION
of 270,000 metric tons: the       Caparroso facility houses        Operational      Biodiesel                      2           270,000
Caparroso facility, in Navarre,   a special laboratory and a                        Bioethanol*                    1            33,000
has a capacity of 70,000          pilot plant where research is    Total                                           3           303,000
metric tons and became            carried out into the technical
                                                                   *ACCIONA holds a 50% stake in the bioethanol plant.
operational in 2005; the          and economic viability of
plant in the Port of Bilbao       obtaining biofuels from
(Basque Country) entered          microalgae.
service in early 2009 and has                                      STATUS OF FACILITIES
a capacity of 200,000 metric
tons. Both produce biodiesel
from first-use vegetable oils.
                                                                                                  Biodiesel
ACCIONA produces
bioethanol at its Alcázar de
San Juan plant, in Spain’s                                              Spain
Castile-La Mancha region.

                                                                                                Bioethanol
                                                                                                                         Operational
Energy

                      The Caparroso biodiesel
                         plant in the Navarre
                             region of Spain.

The Alcazar de
San Juan bioethanol
facility in
Castile-La Mancha.
34 // 35 A world leader in renewable energy

             Energy sales
             and carbon credit management
             Through its subsidiary                ACCIONA is the Spanish          Likewise, ACCIONA Green
             ACCIONA Green Energy                  representative, non-dominant    Energy sells electrical energy
             Developments, ACCIONA                 operator, with the largest      from guaranteed renewable
             Energy manages the sales of           business volume in the          sources, manages the group’s
             electrical power produced             electricity market and the      portfolio of CO2 credits and
             by the group’s facilities and         only one that manages           gives its clients access to
             that of other producers that          technologies under both         international carbon markets.
             have placed their trust in            the Special Regime and the
             ACCIONA’s experience and              Ordinary Regime, giving it a
             technical capabilities.               broader vision of the market.

             ACCIONA GREEN ENERGY PORTFOLIO                                        LOCATION OF MANAGED ASSETS
             At 31.12.2009                                                         (MW)
                                         No. of facilities             Capacity
             Technology
                                          on the market      on the market (MW)                    83         45    12
             Special Regime                           220                 4,967            990                           965
             Wind                                     160                 4,409                                      2
                                                                                                                                      265
             Hydroelectric                             36                   246                         551
                                                                                                                               755
             Concentrating solar power                  1                    50
             Cogeneration and other                    23                   262
             Ordinary Regime                           34                   657
             Total                                    254                 5,624                                    732          648
                                                                                                   50

                                                                                                          526
Energy

RENEWABLE ENERGY CONTROL CENTER

ACCIONA Energy has a                solar thermal (CSP) and          for renewable energies on a
Renewable Energy Control            PV solar plants; biomass         global scale. It delivers solutions
Center (CECOER, for short)          and cogeneration plants; as      for 50% of all incidents
that allows it to supervise         well as 200 transformation       detected at facilities remotely,
the operation of the Group’s        substations.                     which allows it to provide high
facilities, and those it operates                                    levels of availability. Moreover,
for third parties, in real time.    This represents over 9,000 MW    CECOER is in constant contact
CECOER manages data                 implemented in six electricity   with the system operator (REE)
from 290 wind farms, with           generation technologies in 14    in Spain to facilitate maximum
some 7,600 wind turbines;           countries, making CECOER one     integration of the energy
83 hydroelectric plants;            of the largest control centers   produced.
36 // 37 A world leader in renewable energy

ENERGY EFFICIENCY
First zero-emission building
ACCIONA is a pioneer in                It also provides Building
developing energy efficiency           Energy Management services,
projects and sustainable               resulting in significant savings
building, bringing an                  in consumption, and has
integrated service offering to         an Efficiency and Energy
its clients in this sphere.            Management Control Center
                                                                               STATUS OF ACTIONS
                                       for on-line monitoring of
The Company’s Energy                   its facilities, from which it
Efficiency team has extensive          keeps track of a range of
experience in consulting,              parameters, such as energy
auditing and engineering               performance and emissions.
for eco-efficient buildings. It
plans buildings that reduce            ACCIONA Energy works on
their energy consumption               building and industrial projects
to a minimum, designs                  all over the world. Its list of
generation and distribution            accomplishments is impressive
systems, and incorporates              and includes the Spain’s first
the most suitable renewables           “zero emission” commercial                                                  Buildings constructed
technologies.                          building, located in Navarre.                                               Buildings in progress

                                                                                                                   Energy engineering

ECO-EFFICIENT BUILDINGS                                                        ENERGY CONSULTING AND ENGINEERING
BUILT                                                            Location      Action                                         Location
ACCIONA Solar Zero-Emission Building                    Sarriguren (Navarre)   Laboratorios Ferrer                             Barcelona
ACCIONA Energy Headquarters                             Sarriguren (Navarre)   Hospital de Mieres                        Mieres (Asturias)
Deusto University Lecture Halls                   San Sebastián (Guipúzcoa)    Mercadona HQ                                      Valencia
PV Modules Plant                                           Moura (Portugal)    Mollet del Vallès Hospital                      Barcelona
Milla Digital Zero-Emission Building                              Zaragoza     Tres Reyes Hotel                                Pamplona
Almeria Solar Platform Labs                                         Almeria
IN THE PLANNING STAGES		                                         LOCATION
“Positive Emissions” office complex                                 Madrid
“Zero Emissions” residential complex                              Barcelona
Energy

                                                                    PV solar panels

                                        Solar thermal
                                        collectors
                                                                                                    Skylights

West facade                                                                                                                          North facade
                                                                                                                                                                    Air intake

                    Windows
                                                                                                                                  East facade

              PV solar panels

                                                                                                                                                         Cement tube bundles

      South facade                                                                                                                              Thermal exchange
                                               Outside air
         Land                                                                                                                    Geothermal
         5,000 m2               20%                          Land                                                                system
                                Built

                                                                                       Greenhouse
              80%
              Green zone                                                                                                                  Zero Emissions Building

                                                                                       THE BUILDING THAT produces ITS OWN ENERGY

                                                                                      The headquarters for                     an equivalent conventional
                                                                                      ACCIONA’s PV solar activities            building – and by applying four
                                                                                      was designed to cover all of its         green technologies that provide
                                                                                      energy needs without emitting            the remaining 48%.
                                                                                      CO2, thanks to construction              This is the first non-
                                                                                      solutions and added facilities –         experimental building certified
                                                                                      that use 52% less energy than            as “zero emissions” in Spain.

                                                                                      Technician at ACCIONA’s Efficiency and
                                                                                      Energy Management Control Center.
Energy

                   INNOVATION
                   The key to the future
                   Innovation is a priority for the   The Energy Division invested    million until 2013, which
                   entire ACCIONA Group, in           some 57 million euros in R&D    represents a two-fold increase
                   accordance with its mission to     in 2009 (62% of the Group’s     in its efforts of the last four
                   be pioneers in development         total) and will participate     years. The energy division’s
                   and sustainability. ACCIONA        significantly in ACCIONA’s      R&D activity is focused in
                   Energy has made this strategic     planned boost to innovation     the Technological Center in
                   premise its own and applies        by investing a total of 400     Pamplona.
                   it to research, development
                   and innovation in the different
                   renewables technologies
                   it pursues, to offer energy
                   solutions that are increasingly    MAIN ACCIONA ENERGY R&D PROJECTS
                   efficient and competitive.         Technology                     Project            Purpose
                                                      Offshore wind                  Wind               Implementation in deep waters
                                                                                     Marine             Integration of marine renewable energies
                                                      Biofuels                       Microalgae         2nd generation biofuels
                                                                                     Piibe              Promotion of biodiesel production
                                                                                     Ecodiesel          High-efficiency biodiesel plant
                                                      Biomass                        Enercorn           High-efficiency biomass plant using corn waste
                                                                                     On crops           Energy crops for electricity generation
                                                      Photovoltaic                   Ilis               Improved integration in PV plant network
                                                      Hydrogen                       Sphera             Integration of H2 in the energy system
                                                      Electric Vehicle               Sirve              Supply platform for EV

Photo-bioreactors in the ACCIONA micro-algae
laboratory in Caparroso (Navarre, Spain).
40 // 41 A world leader in renewable energy

             COMMUNITY AND THE ENVIRONMENT
             Respect for the world around us
             In line with the Group’s        We establish lasting,          We produce clean energy
             philosophy, ACCIONA             positive relationships with    using a sustainable
             Energy pursues its activities   the community, based on        implementation
             following sustainability        transparency and continuity,   methodology that pursues
             criteria in all three           adapting ourselves to local    environmental excellence,
             dimensions of the concept:      idiosyncrasies and needs       seeking the maximum
             economic, social and            in different countries and     integration of the facilities
             environmental. We promote       regions.                       in the environment and
             the creation of local added                                    minimising their impact.
             value in the zones where        We collaborate in spreading
             we implement our facilities,    the values of a new energy     And we contribute to
             through the generation of       culture, through – amongst     slowing down climate
             resources that contribute       other initiatives – the        change by generating
             to socio-economic               ACCIONA Sustainability         renewable energy.
             development and the             Workshop in which over
             enrichment of the associated    100,000 students and
             industrial fabric.              professors have participated
                                             since 1995.

                                                                                                                    Guided school visit
                                                                                                            to an ACCIONA wind farm.
Energy
42 // 43 A world leader in renewable energy

                    Energy

Avda. Ciudad de la Innovación nº 5
31621 Sarriguren. Navarra. España
Tel.: (+34) 948 00 60 00
Fax: (+34) 948 00 60 01
www.acciona-energia.com

ACCIONA Energía                      ACCIONA Windpower                      ACCIONA Solar                           ACCIONA Green Energy
                                                                                                                    Developments
Avda. de Europa, 6                   Pol. Ind. Barásoain, parcela 2         Avda. Ciudad de la Innovación, nº 3
Parque Empresarial La Moraleja       31395 Barásoain. Navarra. España       31621 Sarriguren. Navarra. España       Avda. Europa, nº 10
28108 Alcobendas (Madrid)            Tel.: (+34) 948 72 05 35               Tel.: (+34) 948 16 68 00                Parque Empresarial La Moraleja
Tel.: (+34) 91 657 64 60 / 61        Fax: (+34) 948 72 05 31                Fax: (+34) 948 16 68 01                 28108 Alcobendas. Madrid. España
Fax: (+34) 91 663 07 59                                                                                             Tel.: (+34) 91 490 38 49
                                                                                                                    Fax: (+34) 91 490 38 55

Acciona Energy                       Acciona Windpower                      Acciona Solar Power                     Acciona Wind Energy Canada
North America                        North America
                                                                            1528 W. Warm Springs Rd.                36 Toronto Street, suite 290
333 W. Wacker Drive,                 601 Fawcett Drive (formerly            Suite 120                               Toronto. ONT M5C 2 C5
suite 1500                           300th St. and Sauer Blvd.)             Henderson, NV 89014 EE.UU.              Tel.: (+1) 416 307 3603
Chicago, IL. 60606 EE.UU.            West Branch. Iowa 52358 EE.UU.         Tel.: (+1) 702 547 4288                 Fax: (+1) 416 306 9979
Tel.: (+1) 312 673 3000              Tel.: (+1) 319 643 9463                Fax: (+1) 702 547 4289
Fax: (+1) 312 673 3001               Fax: (+1) 319 643 3584

Acciona Energy Oceania               ACCIONA Energie Deutschland            ACCIONA Eólica Portugal                 Amper Central Solar (Portugal)
Level 1, 95 Coventry St.             Oranienplatz, 2                        Centro Empresarial Torre de Lisboa      Rua Serpa Pinto, 15-R/C
South Melbourne, Victoria,           10999. Berlin                          Rua Tomás da Fonseca, Torre G. Piso 1   7860-069, Moura. Portugal
3205 Australia                       Tel.: (+49) (0) 30 / 3199 8860         1600-209 Lisboa. Portugal               Tel.: (+351) 285 250 750
Tel.: (+61) 3 9863 9922              Fax: (+49) (0) 30 / 3199 88620         Tel: (+ 351) 217 23 06 90               Fax: (+351) 285 250 759
Fax: (+61) 3 9686 6120                                                      Fax: (+351) 217 23 06 75

ACCIONA Energy Korea                 ACCIONA Wind Energy Private            ACCIONA Energía Mexico                  ACCIONA Energy Reino Unido
                                     (India)
YeonBong bldg. 17th Floor.                                                  Arcos Bosques, Torre I                  14/15 Imperial House
890-8 Daechi 4.                      C1-001, Tower C, Ground Floor          Paseo de Tamarindos, 90, piso 30        Imperial Park
Kangnam-gu. Seoul. Korea             The Milenia, No. 1&2, Murphy Road      Col. Bosques de las Lomas               Newport NP10 8UH
(ZIP)135-839                         Ulsoor, Bangalore-560 008. India       Delegación Cuajimalpa                   South Wales. Reino Unido
Tel.: (+82) 2 560 6400               Tel.: (+91) 80 4155 7103               CP 05120, México, D.F.                  Tel.: (+44) 1 633 811 830
Fax: (+82) 2 560 6401                Fax: (+91) 80 4155 7110                Tel.: (+52) 55 5291 1111                Fax: (+44) 1 633 811 831
Fax: (+82) 2 552 6419                                                       Fax: (+52) 55 5291 9948

ACCIONA Energiaki (Grecia)           ACCIONA Eólica CESA Italia             ACCIONA Energy Polonia                  ACCIONA Energía Chile
Fragkolisias STR. 7                  Via Achille Campanile, 73 - II Piano   Ul Sienna 86, Iok.7                     Magdalena 140, oficina 501
15125 Marousi Athens. Grecia         00144 Roma. Italia                     00-815 Warsaw. Polonia                  75501104 Las Condes
Tel.: (+30) 210 68 522 00            Tel.: (+39) 065 051 4225               Tel: (+ 48) 22 40 38 195                Santiago de Chile
Fax: (+30) 210 68 521 80             Fax: (+39) 065 01 4551                 Fax: (+48) 22 40 38 196                 Tel.: (+56) 2 7515100
                                                                                                                    Fax: (+56) 2 7515110
Energy

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