1. Your Partner in Solar Solutions
Pablo Valera
CEO of Astrom Energía (old name Sylcom Solar)

2. Astrom Energía Profile
Founded on April 2005 as Sylcom Solar
We are changing the name to Astrom Energía
Area of Activity: Renewable Energies
Technical Advising, Engineering and R + D and Project Managing
Technical Advisors in more than 400MW PV Projects under Construction in Spain
Technical Advisors in 46MW PV in Portugal and 3,4MW in Calabria (Italy)
Technical Advisors and Engineering in more than 300MW CSP Projects
Membership of

3. Business Areas Photovoltaic Solar Thermal Water
Lender’s Technical Advising (Banks and Investment Funds)
Engineering and
R + D
Technical Advising in Promotion
Project Managing and M&O Managing
Others RE and Environmental Managing
Photovoltaic
Solar Thermal Water
Concentration Solar Thermal Power
Other Renewable Energies

4. Managing Staff Pablo Valera CEO and Technical Manager Enrique Serrano
Business Developm. and Engineering
He was head of department in Repsol Refinery (Puertollano)
>8 years of experience in Industrial Sector
Sonia Romero
Engineering and Technical Adviser
>15 years of experience in Engineering, Project Managing and R + D in MW PV, CPV, CSP and other RE Power Plants
>30 scientific papers in Renewable Energies
From R + D department of Solúcar (Abengoa)
>4 years of experience in Engineering and R + D
Amanda Tormo
Technical Adviser and Engineering
From technical advising department in Alatec and technical department in Conergy
>4 years of experience as technical advisor
Lourdes García
Engineering and Technical Adviser
From Sevilla University Industrial Engineering School
>2 years of experience in Engineering
Jorge Martín
Technical Adviser and Engineering
He was senior technical adviser in Alatec
>8 years of experience as technical advisor
Daniel Sánchez C.
Technical Adviser and Engineering
From R + D department of Iberdrola
>4 years of experience in R + D and technical advising
JMM & Asociados
Juan Martín
Promotion and Law Adviser
Lawyer
>8 years of experience as Law adviser
Daniel Sánchez R.
R + D department
From Carlos III University Electronic Engineering School
Junior researcher

5. Greece, Italy and France
Areas of Interest
Portugal
Greece, Italy and France
Headquarter in Madrid
Offices in Seville and Ciudad Real
China, Korea and Taiwan
USA Southwest

6. * In colaboration with another technical advisor
PV On Going Projects: Technical Advising
Power
Location, Province
Financial Institution
Promotor / Sponsor
EPC Constructor
Techn. Advisor
Tecnology
Observations
46MWp
Moura, Portugal
BBVA and others
Acciona Energía
Acciona Energía and others
Astrom
1 Az Axis / Si
In Due Diligence Phase
45MWp
Diferent Locations
WestLB
Epuron and AIE
Epuron
2 Axis / Si
Aprox. 10MW under Construction
30MW
Confidential
Project Finance Negotiation
Olmedilla, Cuena
----
Fotowatio
Fixed 30º / Si
Buying Project phase to Nobesol
23MWp*
Trujillo, Cáceres
Santander
Elecnor
Astrom*
1 Hor Axis / Si
In Operation
23MWp
Jumilla, Murcia
WestLB and Dexia-Sabadell
Luzentia
Finished. Pending of Acceptance Tests
Beneixama, Alicante
Santander and Sabadell
Gesfesa and Eolia
City Solar
20MW
Cuenca y Albacete
Dexia (Paris)
Impax
Under Construction
Abertura, Cáceres
WestLB and Santander
Abraxa
Iberinco
* In colaboration with another technical advisor

7. On Going PV Projects: Technical Advising
Power
Location, Province
Financial Institution
Promotor / Sponsor
EPC Constructor
Techn. Advisor
Tecnology
Observations
18MWp
Olivenza, Badajoz
WestLB
360 Corporate and AIG
SunPower
Astrom
1 Hor Axis / Si
1 Pol Axis / Si
Under Construction
15MWp
Mahora, Albacete
Royal Bank of Scotland
Eolia and Sargón
City Solar
Finished. Pending of Acceptance Tests
12,2MW
Different Locations
Caixa Banco de Investimento
Grupo Salvador Caetano ?
Fixed 30º / Si
In Quotation Phase. Pending to be approved
10MWp
Alconchel, Badajoz
Ahorro Corporación Financiera
Eolia
10MW
Argamasilla de Alba
Elecnor
Arroyo de San Serván, Badajoz
Santander
Fotowatio
Tinajeros, Albacete
CCM, BES and WestLB
Naturener
Olmedilla de Alarcón, Cuenca

8. On Going PV Projects: Technical Advising
Power
Location, Province
Financial Institution
Promotor / Sponsor
EPC Constructor
Techn. Advisor
Tecnology
Observations
10MW
Olmedilla de Alarcón, Cuenca
Dexia-Sabadell
Laxtron
Laxtron (Suncontracting Nobesol and Yingli)
Astrom
Fixed 30º / Si
Under Construction
Trujillo, Cáceres (La Magasquilla)
Santander
Fotowatio
Elecnor
1 Hor Axis / Si
In Operation
9MW
Zuera, Zaragoza
Caja Inmaculada (CAI)
Grupo Jorge
1 Polar Axis / Si
8MWp
Lorca, Murcia
Caja Madrid
Babcock
&Brown
UTE: Asetym, Abantia and Comsa
Fixed 30º,
2 pos. / Si
8MW
Escalonilla, Toledo
Confidential
Buying Project Phase
Mesegar de Tajo, Toledo
Alanje, Badajoz
BBVA
Ancora
Gildemeinster
1 Azi Axis / Si
Starting
7,5MW
Yecla, Murcia ?
360 Corpor. & AIG
City Solar
In Due Diligence Phase

9. * In colaboration with another technical advisor
On Going PV Projects: Technical Advising
Power
Location, Province
Financial Institution
Promotor / Sponsor
EPC Constructor
Techn. Advisor
Tecnology
Observations
7,36MW
Alconera, Badajoz
BBVA
Ancora
Gildemeinster
Astrom
1 Azi Axis / Si
Starting
7,1MWp
Lorca, Murcia
WestLB
Eland (Camp. Solares)
Elecnor
1 Hor Axis / Si
Under Construction
7MW
Casas de Don Pedro, Badajoz
CCM, BES
Naturener
SunPower
In Due Diligence Phase
5,5MW*
Valdecabaleros, Badajoz
Abraxa
Astrom*
5MWp
Abanilla, Murcia
WestLB at the begining
Eolia
UTE with Asetym
Fixed 30º / Si
We finished with the DD for WestLB
5MW
Llanos, Ciudad Real
CCM, BES and WestLB
5MW*
Pozohondo, Albacete
Santander
Alposol
Talayuela, Cáceres
Confidential
2 Axis / Si
Buying Project Phase
4MW
Mozarvez, Salamanca
EBN Banco
MRS (Gestiberia)
Project Finance Negotiation
* In colaboration with another technical advisor

10. On Going PV Projects: Technical Advising
Power
Location, Province
Financial Institution
Promotor / Sponsor
EPC Constructor
Techn. Advisor
Tecnology
Observations
4MW
Mejorada, Toledo
Triodos Bank
GEA
Proener
Astrom
Fixed 30º / Si
Starting
3,6MW
Alhama, Murcia
RZB
City Solar
In Quotation Phase. Pending to be approved
3MW
El Pedernoso, Cuenca
Confidential
Buying Project Phase
Yecla, Murcia ?
Gesfesa
In Due Diligence Phase
2,5MW
Almuradiel, Ciudad Real
CCM, BES and WestLB
Naturener
SunPower
1 Hor Axis / Si
Under Construction
2,1MW
Carbonero el Mayor y Martín Muños de las Posadas (Segovia)
Santander
Karpatok
CMS-ASL
2MW
Ocaña. Toledo
Unicredit-HypoVereins
Anemoi-Platina
Gamesa Solar
Casatejadas, Cáceres
IKB
AAVYC Gestión 2000
Navahermosa, Toledo
BBVA?
Ancora
Gildemeinster
1 Azi Axis / Si

11. * In colaboration with another technical advisor
On Going PV Projects: Technical Advising
Power
Location, Province
Financial Institution
Promotor / Sponsor
EPC Constructor
Techn. Advisor
Tecnology
Observations
1,8MW
Sevilla
Confidential
Astrom
Fixed 30º / Si
Buying Project Phase
1,8MW x 5
Caja El Monte
Caja Sur
Becosa
Under Construction
Calabria ?
Orisol
In Development
1,6MW
Toledo
Banesto
UTE with Asetym
In Due Diligence Phase
1,5MW*
Granada
Santander
Assyce
Assyce and Beck Energy
Astrom*
1MW
Murchante, Navarra
Caja Inmaculada (CAI)
Grupo Jorge
Heliosolar
Castelnou, Teruel
Villamañán, León
Caja Madrid (empresas)
Técnicas Ambientales
Elecnor
Madrid
Comunidad de Madrid
Canal Com. Unidas
Call for Tenders
* In colaboration with another technical advisor

12. * In colaboration with another technical advisor
On Going PV Projects: Technical Advising
Power
Location, Province
Financial Institution
Promotor / Sponsor
EPC Constructor
Techn. Advisor
Tecnology
Observations
0,8MW
Sevilla
Confidential
Astrom
Fixed 30º / Si
Buying Project Phase
0,75MW
Bonete, Albacete
Royal Bank of Scotland
Eolia and Sargón
City Solar
Under Construction
Another PV Technical Advising
60MW
Asturias ¿?
Canalejo and Venturo
Wafers, Cells, Modules Factory
Market Study and Design
30MW aprox.
Different Locations
Ibersuizas
Different Sponsors
Enerpal
Due Diligence for Buying Projects
120MW
Málaga
Vista Capital
N/A
Isofotón Factory and Polysilicon Factory
Due Diligence for Adquisition
* In colaboration with another technical advisor

13. On Going PV Projects: Engineering
Power
Location. Province
Promotor / Sponsor
EPC Constructor
Engineering
Tecnology
Observations
33MW
La Mancha
Solartia I, II, III and IV
Elecnor? Non defined
Astrom
Fixed 30º / Si
Official Execution Project
20MW
Alcázar de San Juan
Abengoa Solar PV
Inabensa
2 Axis / Si
Mahora, Albacete
Eolia and Sargón
City Solar
14MW
Carpio Tajo, Toledo
Actuaciones Renovables I, II
13,6MW
Lorca, Murcia
Eland-Camp. Solares
Elecnor
10,5MW
Pedrosa del Rey, Valladolid
1,8MW x 3
Rio Tinto, Huelva
Fotowatio
1,5MW
Bonete, Albacete
0,65MW
Ecija, Sevilla
Segen and F&F
Sylcom Solar
1 Pol Axis / Si
Engineering, Promotion and Construction
0,5MW
La Cumbre, Cáceres
Kaila and F&F ¿?
Guadalajara & Puertollano
ISFOC - Solfocus
2 Axis/ High Conc. III-V
Construction Detailed Engineering

14. On Going CSP Projects: Technical Advising and Engineering
Power
Location, Province
Financial Institution
Promotor / Sponsor
EPC Constructor
Techn. Advisor
Tecnology
Observations
150MW
Alcázar de San Juan
Non defined
Abengoa Solar
Abener
Astrom
Parabolic Trough and Storage
Licenses & Pemits Phase
50MW
Extremadura
Different Finantial Inst.
Confidential
Parabolic Trough
Subcontracted for another TA
N/A
Saint Gobain
Parabolic Trough Mirrors Factory
Market Study
Location. Province
Engineering
Sevilla
Sur de Renovables ¿?
(finished)
Reboso 2, Sevilla
Bogaris
Reboso 3, Sevilla

15. PV, CPV and CSP R + D Projects
Research & Development Target
Partners
Programme / Financing
Fotoconsol
CPV Low Concentration R + D
Solúcar, Ciemat, Gamesa Solar and Astrom
Profit (Industry Minister)
Multionda PV
Multistring Inverters R + D
Solúcar, Inabensa, GreenPower and Astrom
Segen Prototype
1 Axis Polar Tracker Optimization
Segen, Poulek, Ciemat and Astrom
Segen and Sylcom Solar
Chinese Academy of Science (CAS)
Layout of Heliostat Field. 1MW CSP Tower for CAS in Beijing
CAS and Astrom
CAS and Sylcom Solar
Astrom CPV
Design and Development of CPV module for high concentration ratio
Astrom
and Carlos III University
Sylcom Solar Equity
Project coordinated by Abengoa Solar NT and many research institutions
H2 generation with CSP
Abengoa Solar NT, Astrom
and others
Cenit (Industry Minister)
R + D Areas of Interest:
CPV High Concentration
CSP Components and other technologies (Stirling, Fresnel, etc)
Fuel Cells
Other Renewable Energies

16. Project Finance Project Finance  “Project Risk”
18-24 months
24 months
Development Phase
Project Finance Negotiation (Due Diligence, Contracts, etc)
Project Finance  “Project Risk”
Due Diligence (Legal, Technical, Financial Model and Insurance)
Financial Model (Caso Base) - RCSD
EPC
M&O
Financing Contract
Financial problems for non Industrial companies
Construcción
Provisional Aceptance
3 years
Final Aceptance