SPANISH FIRMS BUILD THE WORLD

SPANISH FIRMS BUILD THE WORLD

SPANISH FIRMS BUILD THE WORLD Spain is a world leader in the field of infrastructures and industrial engineering and construction, thanks to the dynamic spirit and advanced technology of Spanish companies. The country's engineering and construction firms, with their international prestige and high know-how level, are involved in the most important infrastructure projects worldwide. They are present in 85 countries across all 5 continents, and managing nearly 40% of the major transport concessions in the world. Spain is an international reference, a high-tech power in areas such as air and road transport, infrastructure management, railway infrastructure, and public works. ACS ranks number-one among the world's top 250 contractors, as measured by exports figures 1 (top international) and the sixth by total production (top global). ACS is the top-ranked firm in the world in transport infrastructure management in terms of number of highways, railways, airports and ports under construction and/or operation 2 concessions. This category also includes GLOBALVIA-FCC (2nd), ABERTIS (4th), FERROVIAL/CINTRA (7th), SACYR (11th), ACCIONA/NECSO (15th), ISOLUX CORSAN (35th) and ITINERE (37th). Regarding capital invested in 2013 3, five Spanish companies were on the world top-10 list: FERROVIAL/CINTRA ranked number-one worldwide, followed by ACS (HOCHTIEF+IRIDIUM) (2nd), SACYR (7th), GLOBALVIA-FCC (8th) and OHL (9th). Other Spanish companies ranked among the world's largest in terms of export figures: FCC, OHL, ABEINSA, TECNICAS REUNIDAS, ISOLUX CORSAN, ACCIONA and SACYR, all of which rank among the world's 50 largest 4. COMSA, IBERDROLA, SAN JOSE and SENER also stand out in the international rankings. In the oil industry, TECNICAS REUNIDAS is number seven in the world ranking among engineering companies for oil & gas sector 5, as well as number one as international lump-sum turnkey contractor (LSTK) in EPC refinery construction. Spanish companies can boast a 2014 portfolio of international projects topping 74 billion. In 2013 Spanish companies won bids for contracts abroad worth more than 45 billion. Today, contracts abroad constitute 82% 6 of Spanish companies' portfolios. 1 FENR Report, The Top 250 International Contractors, September 2013. 2 Public Works Financing, October 2013. 3 ibid. 4 op.cit. ENR 2013. 5 ibid. 6 SEOPAN This information has been provided and confirmed by the Spanish companies. Taking into account the impossibility of including all the projects, only those above or equal to 1 billion and in which Spanish firms have a significant participation have been considered. This document will be updated periodically, in order to incorporate new projects awarded to or in which Spanish companies will be relevant stakeholders. December 2014 l Gobierno de España l Ministerio de Asuntos Exteriores y de Cooperación l Edition: Dirección General de Relaciones Económicas Internacionales l Design: Oficina de Información Diplomática / Javier Hernández (www.nolsom.com) l Pictures: cortesía de las empresas mencionadas en el documento y archivo www.nolsom.com l NIPO: 50114041X (papel) y 501140404 (online)

MAJOR INFRASTRUCTURE ENGINEERING AND BUILDING PROJECTS (TRADITIONAL CONSTRUCTION) LED BY SPANISH CORPORATIONS 100% awarded to a Spanish-Saudi consortium comprising 12 Spanish companies: RENFE, ADIF, INECO, TALGO, OHL, COPASA, COBRA, CONSULTRANS, IMATHIA, INABENSA, DIMETRONIC and INDRA. w Design and construction of the high-speed railway line between Mecca and Medina, supply of 35 trains and option to purchase another 23. Maintenance for a 12-year renewable period. The most important infrastructure project in the Arab world in recent decades MECCA-MEDINA AVE HIGH-SPEED TRAIN (II STAGE) SAUDI ARABIA 6.73 BILLION Awarded to a consortium led by FCC (35.8%), also featuring TYPSA and SENER. w Construction of lines 4, 5 and 6 of the Riyadh Underground Railway System (65 km of tracks, 25 stations and 24 viaducts) RIYADH UNDERGROUND RAILWAY SYSTEM SAUDI ARABIA 6.03 BILLION

MAJOR INFRASTRUCTURE ENGINEERING AND BUILDING PROJECTS (TRADITIONAL CONSTRUCTION) LED BY SPANISH CORPORATIONS EAST ANGLIA 1 UNITED KINGDOM 5.0 BILLION Awarded to IBERDROLA (50%) through its British subsidiary SCOTTISH POWER RENEWABLES and Vattenfall. w Construction and operation of one of the world s biggest offshore wind farms, which will have a capacity of 1.200 MW LIMA UNDERGROUND RAILWAY SYSTEM PERU 3.9 BILLION Awarded to Nuevo Metro de Lima consortium led by ACS (DRAGADOS and IRIDIUM) and FCC (VIALIA). w Design, construction, financing, operation and maintenance of underground railway line 2 between Ate and Callao (27 km) and of a branch of line 4. One of Peru's most important infrastructures project in recent years

Awarded to ACCIONA (33%) in corsortium with Capella Capital and Bouygues Design. w Construction and financing of the first stage of the East West Link in Melbourne, the largest civil works project in Australia. The eastern section of the East West Link is 6.6 km long and will include twin 4.4 km three-lane tunnels. It will support the long-term growth and development of the city of Melbourne. EAST WEST LINK PROJECT AUSTRALIA 3.7 BILLION Awarded to a joint venture under the leadership of TECNICAS REUNIDAS (33%), with SAIPEM (Italy), GS (Korea) and ITOCHU (Japan). w LSTK contract for engineering, procurement of equipment and material, construction and commissioning of the new refinery in Aliaga (Izmir) AEGEAN REFINERY TURKEY 2.8 BILLION

MAJOR INFRASTRUCTURE ENGINEERING AND BUILDING PROJECTS (TRADITIONAL CONSTRUCTION) LED BY SPANISH CORPORATIONS SAINT BRIEUC OFFSHORE WIND FARM FRANCE 2.5 BILLION Awarded to IBERDROLA (70%, through its subsidiary EOLIA MER DU NORD), together with EOLE RES (30%). w Design and operation of one of the world s largest offshore wind farms (500 MW) PANAMA CANAL PANAMA 2.47 BILLION Awarded to the GUPC ( Grupo Unidos por el Canal ) a consortium led by SACYR (48%). INDRA also participates. w Construction of new access channels and new locks and widening the existing navigation channels. One of the largest civil engineering projects worldwide

100% awarded to ACS (HOCHTIEF, LEIGHTON). w Construction of the world's largest hotel and leisure resort in Wynn Cotai, Macau HOTEL AND LEISURE RESORT IN MACAU CHINA 2.14 BILLION 100% awarded to TECNICAS REUNIDAS. w Expansion and up-grading of existing refinery. Execution of engineering, procurement and construction of the crude processing units. The largest world LSTK refining project awarded to one single contractor TALARA REFINERY PERU 2.1 BILLION

MAJOR INFRASTRUCTURE ENGINEERING AND BUILDING PROJECTS (TRADITIONAL CONSTRUCTION) LED BY SPANISH CORPORATIONS MARINE WIND FARM WEST OF DUDDON SANDS (WODS) UNITED KINGDOM 2.0 BILLION Awarded to IBERDROLA (through its British subsidiary SCOTTISH POWER RENEWABLES, 50%) together with the Danish firm Dong Tender. w Planning, design and installation of West of Duddon Sands Offshore Wind Farm. It comprises 108 turbines with a total capacity of 389 MW SIDRA HOSPITAL IN DOHA QATAR 1.84 BILLION Awarded to an international consortium led by OHL (55%). w Construction of the most luxurious medical and research centre in the world and one of the most technologically advanced. Sidra Hospital specializes in women and children patient care

Awarded to a consortium led by OHL (70%), also featuring DIMETRONIC (30%). w 63-km railway line (rail and vehicles tunnel, 1.4 km under the sea) and the renovation and construction of 36 train stations. First underwater connection between two continents MARMARAY PROJECT CR3 TURKEY 1.04 BILLION PART OF GLOBAL PROJECT OF 1.7 BILLION Awarded to a consortium led by OHL (55%), in which the trains will be supplied by CAF. w Construction of 206 km of double railway, which will be part of the new line between Ankara and Istanbul HS RAILWAY CORRIDOR ISTANBUL-ANKARA TURKEY 0.65 BILLION PART OF GLOBAL PROJECT OF 1.7 BILLION

MAJOR INFRASTRUCTURE ENGINEERING AND BUILDING PROJECTS (TRADITIONAL CONSTRUCTION) LED BY SPANISH CORPORATIONS IZMIT REFINERY TURKEY 1.7 BILLION Awarded to TECNICAS REUNIDAS. w LSTK contract for engineering, procurement and construction, to increase conversion capacity of present Izmit refinery, to process heavier and high sulphur content crude oil, in order to reduce deficit of gasoil and to adapt to the EU environmental specifications. Up to now, the largest industrial project in Turkey JAZAN IGCC COMPLEX SAUDI ARABIA 1.7 BILLION Awarded to TECNICAS REUNIDAS. w LSTK contract for execution of utilities & offsites facilities for the IGCC (Integrated Gasification Combined Cycle) complex, including engineering, procurement, construction, pre-commissioning and commissioning support

Awarded to two separate international consortiums, led by OHL (30%) and FCC respectively. w Design and construction of two stations for the Doha Underground Railway (OHL) and an Elevated Stretch of the red line (FCC) DOHA UNDERGROUND RAILWAY QATAR 1.6 BILLION 1.1BILLION + 0.5 BILLION 100% awarded to IBERDROLA (through its subsidiary IBERDROLA RENOVABLES OFFSHORE DEUTSCHLAND). w Construction and installation of the 350 MW Wikinger offshore wind farm, the world s largest in deep waters WIKINGER OFFSHORE WIND FARM GERMANY 1.5 BILLION

MAJOR INFRASTRUCTURE ENGINEERING AND BUILDING PROJECTS (TRADITIONAL CONSTRUCTION) LED BY SPANISH CORPORATIONS C.H.U.M. HOSPITAL IN MONTREAL CANADA 1.46 BILLION Awarded to OHL (50%). w Construction of the Montreal University Hospital Centre, one of the largest and most modern in the world NATURAL GAS COMPRESSION AND PROCESSING STATIONS AUSTRALIA 1.36 BILLION 100% awarded to GRUPO ACS (HOCHTIEF / LEIGHTON / THIESS). w Construction of 18 natural gas compression stations and 4 processing plants in Surat, Australia

Awarded to TECNICAS REUNIDAS. w LSTK contract for engineering, procurement and construction of distillation and hydro-processing units YUBAIL SATORP REFINERY SAUDI ARABIA 1.3 BILLION Awarded to GRUPO ACS (50%) with MIRVAC. w Sinking the Freemantle Railway Line from William to Lake / King street to reconnect the CBD with Northbridge and create new land for the redevelopment and upgrading of Perth Station PERTH CITY LINK PROJECT AUSTRALIA 1.3 BILLION

MAJOR INFRASTRUCTURE ENGINEERING AND BUILDING PROJECTS (TRADITIONAL CONSTRUCTION) LED BY SPANISH CORPORATIONS NEW ORBITAL HIGHWAY QATAR 1.23 BILLION 100% awarded to GRUPO ACS (HLC). w Design and construction of the Messaied new port of Doha stretch of New Orbital Highway- (56 km) MANHATTAN TUNNELS ACCESS IN NEW YORK USA 1.2 BILLION 100% awarded to GRUPO ACS (DRAGADOS). w Construction of the East Side Access Manhattan Tunnels in New York City

100% awarded to TECNICAS REUNIDAS. w LSTK contract for engineering, procurement, construction and commissioning for hydro-treating unit, catalytic reforming unit, hydrogen production unit, saturated gas plant and interconnection and flare. Largest industrial project in Malaysia PENGERANG RAPID REFINERY MALAYSIA 1.2 BILLION Awarded to an international consortium led by GRUPO ACS (DRAGADOS/ HOCHTIEF). w Design and construction of a 2.7 km-long cable-stayed bridge, one of the largest infrastructure projects in Europe CABLE-STAYED BRIDGE OVER THE FIRTH OF FORTH IN SCOTLAND UNITED KINGDOM 1.11 BILLION

MAJOR INFRASTRUCTURE ENGINEERING AND BUILDING PROJECTS (TRADITIONAL CONSTRUCTION) LED BY SPANISH CORPORATIONS PANAMA CITY METRO PANAMA 1.11 BILLION Awarded to a consortium led by FCC (50%), also including AYESA, SENER and METRO DE BARCELONA. w Construction of a 13.7-km stretch of metro line and 13 stations VOLGOGRAD REFINERY RUSSIA 1.1 BILLION Awarded to TECNICAS REUNIDAS. w LSTK contract for engineering supply of the equipment and materials, construction, pre-commissioning and support for commissioning of critical equipment for vacuum gasoil deep Conversion Complex.

Awarded to an international consortium led by FERROVIAL (F.AGROMAN). w Design, financing and construction of a 88.5-km toll road in Virginia US ROUTE 460 IN VIRGINIA USA 1.07 BILLION 100% awarded to an international consortium led by FERROVIAL AGROMAN. w Design and construction of the new building of terminal T2A, the first new generation and the greenest terminal of Europe HEATHROW AIRPORT UNITED KINGDOM 0.9 BILLION

MAJOR CONCESSION PROJECTS CONTRACTED BY SPANISH COMPANIES 407 ETR HIGHWAY IN TORONTO CANADA 3.52 BILLION MANAGED INVESTMENT Awarded to FERROVIAL (CINTRA/ F. AGROMAN). w Construction, conservation and operation of the 407 ETR. The world s first highway to incorporate a fully electronic and access-free toll system. Concession for 99 years INDIANA TOLL ROAD USA 3.18 BILLION MANAGED INVESTMENT Awarded to FERROVIAL (CINTRA/ F.AGROMAN). w Extension, modernisation, conservation and operation as a concession for 75 years

100% awarded to ISOLUX CORSAN. w Concession of the transmission lines of Xingu (500/230 kv-527 km) and Macapa (500/230/69 kv-713 km) XINGU AND MACAPA TRANSMISSION LINES BRAZIL 2.56 BILLION Awarded to SACYR GROUP (50%). w Construction and management of the Pedemontana Veneta Highway (95 km) in northern Italy PEDEMONTANA VENETA HIGHWAY ITALY 2.25 BILLION

MAJOR CONCESSION PROJECTS CONTRACTED BY SPANISH COMPANIES PERTH DESALINATION PLANT AUSTRALIA 2.0 BILLION Awarded to a Joint Venture between VALORIZA AGUA (SACYR GROUP) and TECNICAS REUNIDAS, among other companies. w LSTK contract for the design, turn-key construction, operation and maintenance of the plant for a period of 25 years LBJ EXPRESS HIGHWAY (TEXAS) USA 1.98 BILLION MANAGED INVESTMENT Awarded to FERROVIAL (CINTRA/ F. AGROMAN, 51%) w Extension, improvement, maintenance and operation of 27.4 km of toll highway and 13 new miles of managed toll lanes. The conceptual design of the project will give drivers the option to pay a toll and use the managed lanes system or utilize the newly constructed general purpose lanes. 52-year concession

Awarded to a consortium led by ACS GROUP (DRAGADOS and IRIDIUM, 40%). w Construction of a 12.5 km light rail transit line through the city and extending 5 km the stretch of highway OTTAWA LIGHT RAIL TRANSIT CANADA 1.6 BILLION Awarded to an international consortium led by FERROVIAL (56%; CINTRA / F. AGROMAN). w Design, construction of two 21-km toll lanes, financing, operation, exploitation and maintenance of the North Tarrant Express Highway, a cuttingedge toll road in terms both of technology and design and unique in its category with dynamic tolls NORTH TARRANT EXPRESS (NTE) IN TEXAS USA 1.59 BILLION MANAGED INVESTMENT

MAJOR CONCESSION PROJECTS CONTRACTED BY SPANISH COMPANIES ROAD NETWORK IN BIRMINGHAM UK 1.58 BILLION Awarded to FERROVIAL (AMEY, 33%). w 25-year concession for the maintenance and management of the Birmingham road network SR 99 TUNNEL IN SEATTLE USA 1.50 BILLION Awarded to ACS GROUP (DRAGADOS USA). w Design and construction of a 2.7 km tunnel using the world's largest tunnel boring machine (TBM)

100% awarded to ABENGOA. w Design, construction, operation and maintenance of a 280 MW parabolic trough plant with 6 hours of molten salt thermal energy storage, which allows energy to be dispatched as needed during cloudy periods and after sunset. The largest parabolic trough plant in the world. 30-year concession SOLANA GENERATING STATION IN ARIZONA USA 1.5 BILLION Awarded to FERROVIAL (CINTRA, 55%). w Construction of 12.6 km of toll road connecting the Indiana Toll Road and the Dan Ryan Expressway and 99-year concession for its operation. The first privatization of an existing toll road anywhere in the USA CHICAGO SKYWAY USA 1.45 BILLION

MAJOR CONCESSION PROJECTS CONTRACTED BY SPANISH COMPANIES NORTHEAST ANTHONY HENDAY DRIVE CANADA 1.43 BILLION Awarded to a consortium led by ACS GROUP that also includes HOCHTIEF and DRAGADOS. w Construction and operation of a 27-km stretch of the highway in Alberta, Canada. 34-year concession ROAD NETWORK IN SHEFFIELD UK 1.41 BILLION 100% awarded to FERROVIAL (AMEY). w 25-year conservation of more than 1.900 km of roads in Sheffield

Awarded to an international consortium led by OHL GROUP (64%), which also includes INDRA. w Design, financing, construction and maintenance of the Mexico City Ring Road (Circuito Exterior Mexiquense - CEM) which links the main access roads to the capital. It will have a length of 155 km. 48-year concession MEXICO CITY RING ROAD MEXICO 1.38 BILLION Awarded to FERROVIAL (CINTRA/F.AGROMAN, 50%). w Financing, construction, maintenance and rehabilitation of the first phase of the 407 East Extension, that is comprised of an extension of 22 km towards the East and the connection with the 401 toll road through a new 10 km link. The largest toll road concession project in Ontario since the privatisation of the 407 ETR. 30 year concession 407 EAST EXTENSION (407 EDG TOLL ROAD) IN TORONTO CANADA 1.33 BILLION

MAJOR CONCESSION PROJECTS CONTRACTED BY SPANISH COMPANIES A-30 AUTOROUTE IN MONTREAL CANADA 1.23 BILLION Awarded to a consortium led by ACCIONA CANADA and ACS (DRAGADOS CANADA), also featuring INDRA. w Construction of a 42-km toll ring road (Château-Guay- Vaudreil-Dorion) that includes a 2,550m bridge over the St Lawrence Seaway at Beauharnois, which is the longest «incrementally launched» bridge in North America, and the second-longest in the world. 30-year concession for the operation of 74 km of the A-30. It is one of the most important transport infrastructure projects undertaken in Quebec in the past 50 years MOJAVE SOLAR PROJECT IN CALIFORNIA EE.UU. 1.2 BILLION 100% awarded to ABENGOA. w Design, construction, operation and maintenance of a 280 MW gross parabolic trough plant. It will reduce CO2 emissions by 350.000 tons per year

Awarded to consortium led by FERROVIAL (CINTRA / F.AGROMAN) along with the American firm ZACHRY. w Planning, financing, design and construction of a 66 km toll road between Austin and San Antonio, giving the drivers the choice to save time and money for its advanced free flow tolling system. 50 year concession STATE HIGHWAY 130 IN TEXAS USA 1.08 BILLION MANAGED INVESTMENT Awarded to a consortium led by FERROVIAL (CINTRA / F.AGROMAN, 50%). w Design, construction, financing, operation and maintenance of the extension of the North Tarrant Express (NTE) in Texas by 16,3 km. 43 year concession NORTH TARRANT EXPRESS 35 W HIGHWAY IN TEXAS USA 1.05 BILLION MANAGED INVESTMENT