Abengoa Inaugurates the First Desalination Plant in West Africa at Accra, Ghana

WASHINGTON, April 17, 2015 (GLOBE NEWSWIRE) -- Abengoa (MCE: ABG.B/P SM) (Nasdaq:ABGB), the international company that applies innovative technology solutions for sustainability in the energy and environment sectors, has inaugurated today Accra Sea Water Desalination plant. This project is the first desalination plant in Ghana, and in the West Africa region as a whole.

Several key political and civic leaders from all over the country attended the inauguration ceremony, a testimony to the importance of the project. His Excellency John Dramani Mahama, president of Ghana, was one of many who commended the plant for the influence that this safe and reliable supply of water will have in the region.

Manuel Sanchez Ortega, vice chairman and CEO of Abengoa, has said: "We are honored to be able to work with Ghana towards sustainability and economic development. This project is the perfect example of Abengoa's commitment to help fight water scarcity in those places faced with shortage issues. I am confident that this plant will inspire other countries in the region thanks to its unique development model and advanced technology."

The plant, which has already been treating water for the last two months, is able to supply 60,000 m3/d of fresh water, sufficient for 500,000 residents within the vicinity of Accra and the surrounding areas. Abengoa Water was the Global Award Winner for Desalination Company of the year 2013 thanks to projects such as this.

The desalinated water is being sold to Ghana Water Company Limited under a 25-year build-own-operate-transfer (BOOT) model for distribution to households and businesses. The project is expected to create some 400 direct and indirect jobs with revenue forecast of about USD 1.300m over the 25 year period.

Abengoa's desalination plants can be found all over the world in countries such as Algeria, U.S.A, Spain, China, Chile, or India among others. Over 230 million people worldwide depend on desalinated water daily as it is a reliable and sustainable way to ensure supply that conforms to WHO standards. Projects such as this one are a testimony to Abengoa's commitment to provide water solutions to those areas of the world suffering from water scarcity issues.

About Abengoa

Abengoa (MCE: ABG.B/P SM) (Nasdaq:ABGB), applies innovative technology solutions for sustainability in the energy and environment sectors, generating electricity from renewable resources, converting biomass into biofuels and producing drinking water from sea water. (www.abengoa.com)

CONTACT: Communication Department Patricia Malo de Molina Melendez. Tel: +34 954 93 71 11 E-mail: communication@abengoa.com Investor relations: Ignacio Garcia Alvear. Tel: +34 954 93 71 11 E-mail: ir@abengoa.comSource:Abengoa