Focus on New Products and Services to Meet Market Challenges

The struggle against climate change requires solutions that champion sustainable development, such as renewable energies and improvements to energy efficiency. However, developing these solutions entails investment towards improving power transmission and developing smart grids in both advanced and emerging societies.

Innovative technological solutions for sustainable development enable Abengoa to keep growing through alliances with strategic partners and access to new markets. Abengoa continues to step up R&D+i investment, which is considered a prerequisite for creating long-term value.

Given the current financial crisis, diversification of sources of funding is critical to ensuring that the debit side of the balance sheet is structured properly. Abengoa combines structured long-term financing without recourse for new products, together with access to capital markets and public funding (financing, R&D investment subsidies and tax deductions), supplemented with funds secured from strategic alliances.

With a view to the future, the company is well on track to meet its targets of profitable growth and value creation and fully expects to report results similar to those obtained over the last decade.