Among the leading companies in the world in infrastructure concessions

Transcription

1 Press Kit 2015

2 Among the leading companies in the world in infrastructure concessions Isolux Infrastructure is one of the world s leading infrastructure concession companies. The company, owned by Grupo Isolux Corsán and PSP Investment, promotes, develops and operates a large portfolio of concession projects on highways, high voltage transmission lines and solar PV power generation. With a strong international presence, Isolux Infrastructure manages concessions for 1,643 km of highways and 5,959 km of transmission lines. The company, through Grupo T-Solar, is a leading independent solar PV power producer with 326 MW in operation and under development. The Isolux Corsán Group, which holds 80.77% of the company, is a leading global company in energy, construction, concession and maintenance of major infrastructure. PSP Investment (Public Sector Pension Investment Board), which holds an equity interest of 19.23%, is one of the largest pension fund managers in Canada. 100% 100% 88.34% Toll Roads Transmission Lines Photovoltaic Solar Energy (T-Solar Group) 1,643 km 5,959 km 326 MW 02

3 Global presence Isolux Infrastructure is a global company with extensive experience and a leader in its sector. Its geographical presence has a high strategic value thanks to its presence in both countries with established economies (USA, Spain, Italy and Puerto Rico) and in the top emerging markets of the new world economy (India, Brazil, Mexico and Peru). The company has a solid position in the countries in which it operates through the knowledge and the know how of its team of professionals, which has generated the confidence of major international operators. Toll Roads Transmission Lines Photovoltaic Solar Energy 03

4 Highway Perote - Xalapa, México Toll Roads At present, Isolux Infrastructure manages 1,643 km of toll roads in nine concessions distributed among Brazil, India, Mexico, Spain and USA, six of which are in operation. Country / Concession Length (km) Status Brazil Via Bahia (BR 116 / 324) 680 In operation and under development India Highway NH1 Panipat - Jalandhar 291 In operation and under development Highway NH2 Varanasi - Aurangabad1 192 In operation and under development Highway NH6 Gujarat - Maharashtra Border - Surat - Hazira Port1 133 Under development Highway NH8 Kishangarh - Ajmer - Beawar1 94 Under development Mexico Highways Saltillo - Monterrey and Saltillo Norte 95 In operation Highway Perote - Banderilla Xalapa 60 In operation USA I-69. Section: Bloomington-Martinsville 34 Under development Spain A4 Freeway, Madrid - Ocaña 64 In operation Kilometres of toll roads managed by country India: 710 km Brazil: 680 km Mexico: 155 km USA: 34 km Spain: 64 km The company is largest European manager of road infrastructure concessions in India, with four toll roads totalling 710 km. In this country, the company has teamed with Morgan Stanley Infrastructure as a strategic partner for the development of existing and future projects, and the two companies have agreed to joint capital of USD 400 million. In Mexico, the company is already operating 100% of its concession business after opening the last stretch of the two toll roads that it has under concession. In Usa, Isolux Infrastructure has under development the I-69 section 5, between Bloomington and Martinsville. 04

5 WETT, USA Transmission lines The power transmission line concessions operated by Isolux Infrastructure are currently concentrated in three countries: India, Brazil and USA. Of the nine concessions, six are already operational and three will be in Country / Lines Length (km) Status Brazil CPTE - Cachoeira Paulista 181 In operation LXTE - Xingú 508 In operation LMTE - Macapá 683 In operation IENNE - Interligaçao Elétrica Norte e Nordeste 720 In operation JTE - Jaurú 940 In operation LTTE - Taubaté 247 Under development LITE - Itacaiúnas 563 Under development USA WETT 605 In operation India Uttar Pradesh Under development The company has over 14 year experience in the management of power transmission lines in Brazil and a total 3,842 km of transmission lines, of which the 31% cross the Amazon rainforest in one of the most complex initiatives undertaken by Isolux Infrastructure. Isolux Infrastructure was the first Spanish company to enter the transmission line market in the U.S., where it manages 605 km of power lines for the Texas Public Utility Commission through a consortium known as WETT (Wind Energy Transmission Texas), a 50% joint venture with the Canadian investment fund Brookfield Asset Management. Kilometres of transmission lines by country Brazil: 3,842 km India: 1,512 km USA: 605 km In India, the company holds the largest transmission line contract in the country and one of the largest in the world: 1,512 km in the state of Uttar Pradesh, becoming the first foreign manager of a concession of this kind in the country. 05

6 Saelices Solar Farm, Spain Photovoltaic solar energy Through the subsidiary Grupo T-Solar, Isolux Infrastructure is a leading independent producer of solar photovoltaic energy and has 326 MW in operation and under development spread across Spain, Italy, India, Peru, United States, Puerto Rico, Mexico and Japan. Country / Plants Generation Capacity (MWp) Status Spain 34 plants 161 In operation Italy 8 plants 7,2 In operation Peru 2 plants 44 In operation India 2 plants 17,3 In operation USA 1 plant 25 In operation Puerto Rico 1 plant 30 Under development Japan 1 plant 35 Under development Mexico 1 plant 6,5 Under development The operating solar plants generate 421 GWh per year, equivalent to the average annual electricity consumption of a population of 750,000 people. Grupo T-Solar, which was founded in 2006 and integrated into the concession business of Isolux Infrastructure in 2011, is one of the largest independent producers of solar photovoltaic energy. The company has various strategic partners, including Munich Re, one of the leading insurance groups in the world, through its asset management company MEAG, and the global investment firm Kohlberg Kravis Roberts & Co (KKR). 06

7 A committed company Isolux Infrastructure is developing a mission and vision of corporate responsibility that is fully integrated into the company s culture and represents the backbone of their values and the way they interpret the responsibility of leadership. Isolux Infrastructure s commitment to human resources, innovation, quality and the environment is present in all areas of activity. The company is committed to providing value in the areas in which it operates, generating wealth and infrastructure, key drivers of local economic development. Maximum environmental respect All projects managed by the company are carried out with rigorous environmental care. One example of this commitment to environmental management is in the management of projects like the high voltage transmission lines in the Amazons, which must be executed with the highest environmental requirements to preserve the environment and enable the use of renewable energy in the Amazon. Another notable example is the company s project developed through WETT consortium (Wind Energy Transmission Texas), for transmission lines will transport the clean energy produced in the North Texas wind farms to the southeast of the state. Moreover, an important part of the company s activity focuses on renewable energies in a clear commitment to environmental sustainability and environmental care. Isolux Infrastructure, through the T-Solar Group, produces clean energy a renewable source that consumes no fuel and produces no greenhouse gases. In 2014 alone, the clean electricity generated by the T- Solar Group avoided the emission into the atmosphere of 150,000 tonnes of CO2, equivalent to planting 9,000,000 trees or 150,000 zero-emission vehicles. Furthermore, as part of the commitment of T-Solar Group to support the surrounding communities where it operates, in 2011 the company created the T-Solar Group social fund in Peru, together with the Office of Development-Procurement of the Society of Jesus, which supports the educational institutions in the area with the clear aim of improving educational conditions and the future of the children. In highway management, Isolux Infrastructure promotes the preservation of the environment in all its construction activities and encourages the economic development of the area with local suppliers. In this context, we would highlight the activity in Mexico in the newly opened Perote - Banderilla-Xalapa highway, where the company has carried out environmental awareness campaigns. 07

8 Recognitions Isolux Infrastructure has been recognized repeatedly for the financing of their projects. These awards attest to the company s knowledge and expertise in the infrastructure promotion and financing field, which together with the development and operation of its broad project portfolio has made Isolux Infrastructure a world leader in the management of infrastructure concessions. Isolux Infrastructure recently received the Project Finance Deal of the Year 2014 award from the prestigious international magazine World Finance for the refinancing operation of Saltillo-Monterrey highway through a double bond issue (senior and subordinated) in the Mexican market, with a maturity of approximately 25 years and a total issue amount of 252 million. This transaction was an important milestone in road asset financing in the Mexican capital market in In 2012, the WETT transmission line project in Texas, received the award for the project finance deal of the year 2011 for the construction, operation and maintenance of seven 600 km transmission lines, awarded by the prestigious Euromoney Institutional Investor PLC Group, chosen for the innovative structure and leverage levels achieved for financing the project. Meanwhile, Grupo T-Solar, a subsidiary of Isolux Infrastructure, has also received the Latin American Renewables Deal of the Year 2011 award from Euromoney for the financing for the construction and commissioning of two photovoltaic plants that the company manages in Peru. The company also received the European Solar Deal of the Year 2008 award for the financing transaction for the construction and commissioning of 26 of its 28 photovoltaic power plants in Spain. This financial transaction totalled EUR billion, becoming the largest managed operation to date in the photovoltaic industry worldwide. 08

9 Contact María José Murillo (Chief of Comunications) Tlf: Caballero Andante, 8 (28021) Madrid 09