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RENOVALIA SIGNED WITH BANCO SANTANDER MEXICO THE "EQUITY BRIDGE"NECESSARY FOR THE CONSTRUCTION OF A 137.5 MW WIND FARM IN MEXICO

2012-01-31

$ 65 million

RENOVALIA MEXICO BANCO SANTANDER SIGNS THE "EQUITY BRIDGE" NECESSARY FOR THE CONSTRUCTION OF A WIND FARM IN MEXICO 137.5 MW

• The wind farm at Piedra Larga II, located in the State of Oaxaca, will be 137.5 MW and is the second phase of a wind project of 227.5 MW of total power of 90MW that are already under construction.

• Long Stone II will be operational in 2013, will produce 510 GWh / year and with Piedra Larga I will become one of the largest wind projects in Latin America.

• The agreement is structured in the form of Equity Bridge its acronym in English.

• Thus, financial institutions rely again on the strength of Renovalia Energy and its plan of growth and international expansion.

Madrid, January 31, 2012. Renovalia Energy, a company specializing in the development, engineering, construction, operation and sale of electricity generated through renewable energy sources, has signed an agreement with Banco Santander Mexico to commit the resources of the second phase of wind farm that the company is developing in Oaxaca, Mexico. This transaction represents a contribution of $ 65 million for the development of this project to come on stream in 2013.

The agreement between Santander and Capital Structuring Renovalia, entity in charge of investment capital for renewable energy projects of the Santander Group, is made from an outline of the project bridge capital (equity bridge loan).

The Piedra Larga wind farm will be 227.5 MW, of which 90MW for the first phase under construction. This makes it one of the largest wind projects in Latin America. It will consist of 114 wind turbines, and will have an annual production of 841.75 GWh / year, equivalent to annual consumption power 200,000 homes.

The signing of this agreement strengthens the financial soundness of Renovalia to accomplish its plan of growth and international expansion that has led him to be present in seven countries (Spain, USA, Canada, Mexico, Hungary, Italy and Romania) with more than 570 MW and construction and operating a diversified portfolio of projects of more than 2.4 GW.

About Renovalia Energy

Renovalia Energy is a company specialized in development, engineering, construction, operation and sale of electricity generated through renewable energy sources (wind, solar photovoltaic, solar photovoltaic concentration, solar thermoelectric and mini-hydro). The company operates in seven countries (Spain, USA, Canada, Mexico, Italy, Romania and Hungary), has more than 570 MW in operation and under construction divided into ten wind farms, solar farms six, a mini hydropower plant and a plant CSP. It has a portfolio of over 2,400 MW diversified from both a geographically and technologically.

In December 2011, announced the creation of Renovalia Renovalia Reserve, a partnership with First Reserve, the largest fund of energy and infrastructure in the world, for the acquisition and development of wind projects in Europe and America. The Piedra Larga wind farm was excluded from this agreement, depending solely on Renovalia Energy.

Today, Renovalia Energy is one of the companies in the sector and has one of the most balanced energy mix of the market, which has become one of the largest producers of clean energy. The Company has always maintained a business strategy of continuous investment, with the aim of reducing renewable technologies, reduce their environmental impact and increase its market presence both nationally and internationally.

Renovalia managed to avoid in 2010 the emission into the atmosphere of 110,744 tonnes of CO2, the equivalent of 232,000 households consumption and CO2 emissions of 62,000 cars a year.