Isolux Infrastructure Increases its Share Capital by ?600 Million

Madrid (ots/PRNewswire) -

Isolux Corsan, through its concessions subsidiary, has reached an
agreement with the Public Sector Pension Investment Board for a
EUR500 million investment in Isolux Infrastructure with an additional
EUR100 million being contributed by Isolux Corsan.

This investment will strengthen Isolux Infrastructure's global
leading position in its businesses operating the Group's concessions
in toll roads, high-voltage power lines, and photovoltaic electricity
generation. Isolux Infrastructure, led by its CEO Santiago Varela,
has major capital investment projects totalling approximately EUR7.5
billion.

This transaction, which forms part of the global development and
diversification strategy rolled out by Isolux Corsan over the last
five years, will boost Isolux Infrastructure's capacity to expand.
Isolux Infrastructure is the subsidiary of Isolux Corsan that has
grown strongest in recent years.

For Isolux Infrastructure, the agreement is a testament to its
success in positioning itself as a global player in its field, and
demonstrates confidence in its capacity to manage major road and
power infrastructure projects.

Last year, the company increased its international networks of
power lines managed under concession after winning the largest power
contract in India (in Uttar Pradesh, with total capex of EUR815m). It
currently manages 5,533 kilometres world-wide and has since won
further tenders in Brazil. Isolux Infrastructure is a world leader in
this business, also operating in the United States, where it has 605
km of power lines in Texas.

Isolux Infrastructure manages 1,610 km of toll roads in India,
Mexico, Brazil and Spain, of which 1,400 km are already under
operation.

In the photovoltaic power business, the company (through T-Solar)
develops and manages 286 MWp in Italy, Spain, India, Peru and the
USA.

About Isolux Corsan

Isolux Corsan is a benchmark world-wide in the businesses of
power, concession, construction and maintenance of major
infrastructure projects. It operates in over 30 countries spanning
four continents. Its main growth drivers are the construction of
large transport infrastructure, such as toll roads, railways, air-
and sea-ports, hydro-power plants, and residential and
non-residential buildings. Isolux Corsan (through its subsidiary,
Isolux Infrastructure) manages concessions of 5,533 km of power lines
in Brazil, India and the USA; 1,610 km of toll roads in India,
Brazil, Mexico and Spain, and develops and manages 286 MWp of solar
photovotaic power in Italy, Spain, India, Peru and USA. In the
international power industry, Isolux Corsan is one of the biggest
operators installing and maintaining transmission and distribution
infrastructure, one of the largest construction companies in
engineering, procurement and construction (EPC) projects in the
photovoltaic sector, and ranks high amongst the major EPC power plant
operators. The Group also manages over 22,000 parking spaces under
concession in its Spanish carparks. In 2011, Isolux Corsan's revenues
stood at EUR3.37 bn, its EBITDA at EUR393m and its portfolio at
EUR43.11 bn.

ots Originaltext: Isolux Corsan
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Contact:
Press Office: Macarena Ramírez (+34-91-449-30-00) |
mramirez@isoluxcorsan.com