ACSAF Actividades de Construcción y Servicios, S.

ACSAF Actividades de Construcción y Servicios, S.A. operates in the construction, services, and energy sectors. Operations Construction The company’s construction production is structured into three areas of activity: Civil Works, Non-Residential Building, and Residential Building. Civil Works projects take in all types of activities involved in the development of infrastructure, such as motorways and marine, hydraulic, and airport works. In terms of Residential Building, the activities the company carries out is mainly focused on building of subsidized housing for Public Authorities or building of developments for third parties which require a level of resources due to their size. Concessions The company, by participating in the management of 64 companies, which invest in/operate various administrative concessions, engages in the promotion, financing, construction, and operation of all types of infrastructure. Iridium is the holding company within ACS Group that manages and promotes concession and public-private partnership contracts for transport infrastructures and public facility services. Iridium operates in the worldwide concession markets, focusing on Spain, Ireland, Greece, Portugal, Chile, the United States, Canada, and Mexico. Projects are also being studied in countries, such as India, Australia, and other European countries. Environment and Logistics The company’s Environment and Logistics activity is grouped around three business lines: Environmental Services, Facility Management, and Port and Logistic Services. Facility Management includes the services necessary for the optimum running of public or private use properties (facility management, cleaning, or ancillary services), green-market related activities (gardening, reforestation, and environmental recovery), care services for social collectives in situations of dependence, airport services, and the management of advertising spaces in large installations and transport systems. The company’s other activities include the handling of bulk materials (approximately 9 million tons), general cargo (approximately 5 million tons) and perishable goods (approximately 150,000 tons). The company also engages in other port services (agency, transit, and transport) in Spain, with significant presence in these sectors in Portugal and France. Industrial Services The company, through its Industrial Services area, engages in maintenance, development, and operation of industrial and energy infrastructures related to electricity generation, such as combined cycle power plants, regasification plants, and renewable energies. The company is a provider of maintenance, development, and operating services for existing industrial infrastructures, such as generating and distribution networks for electricity, gas and water, thermodynamic and mechanical installations, railway systems, (both conventional and high-speed) and telecommunications. The company engages in the development and maintenance of systems for public lighting, traffic management and industrial control. The company, through its Industrial Services area, invests in the development of wind and thermal solar renewable energies, in the development of high-voltage transmission lines under concessions in South American countries, and in the development of desalination plants in the Mediterranean area. The company, as of December 31, 2008, had a stake in 25 concession projects for the management and maintenance of high-voltage lines in Brazil and Peru. In Renewable Energies, as well as constructing both wind and solar energy generating installations, the company participated in 35 operating wind farms with an installed power of 1,076 MW and an attributable power of 796 MW, as of December 31, 2008. It also participates in seven wind farms under construction with an installed power of 213 MW and an additional 25 wind farms in the financing or development phase with installed power of 1,799 MW. Investments Iberdrola: Iberdrola has an installed capacity of 43,300 MW and produced 141,268 GWh in 2008. It also has approximately 10 million clients enabling it to distribute 181,794 GWh. It has a presence in the United Kingdom through Scottish Power; in Latin America where it has significant investments in Brazil and Mexico; and in the United States as a main renewable energy operator. It develops and manages renewable energies through its subsidiary, Iberdrola Renovables. This has an installed capacity of 9,302 MW. Hochtief: The company is the main shareholder in the German construction and concessions group with 29.98% of its share capital. Hochtief carries out its business through six business areas: Hochtief Americas, Hochtief Asia Pacific, Hochtief Europe, Hochtief Concessions, Hochtief Real Estate, and Hochtief Services. History Actividades de Construcción y Servicios, S.A. was founded in 1983.