RENEWABLES 100% green energy

for Google N.65 MARCH 2017

2017 Our electric racing car makes history

MIDDLE EAST THE ART OF BUSINESS

01_PORTADAOK_ENG.indd 1 15/2/17 21:11 ACCIONA TRANSMEDITERRANEA ENG PAR.ai 2 16/02/17 11:48

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A COMPANY OF THE WORLD

he expression “of the world” was once pretty widespread. Although it now sounds dated, the notion behind it is picking up speed in an ever more glo- balized economy. It refers to a person who is well-travelled, open-mind- ed, unprejudiced and willing to understand other mentalities as a means to self-improve. That definition can easily be extrapolated to a group like ACCIONA. We are companies of the world.

Cultures are diverse by defi nition. they navigate tradition and change. A group with activities ranging We listen to expert scholars and for- from infrastructures to designing eign correspondents. We also review exhibitions, and from wineries three world summits: Davos, Abu to renewable energies, is diverse Dhabi and Marrakesh. by nature. Our international Th e newly-appointed General Man- approach is strengthened by our ager analyzes the know-how of experiences in diff erent industries ACCIONA Producciones y Diseño, and markets, and this allows us to leading company in the fi eld of cul- gain a competitive edge. tural engineering, after successfully Expansion enables multiculturalism. implementing innovative museum Our teams adapt their personal and designs from Russia to Oman and professional profi les to each country. China to Brussels. In Peru, we pro- Working hand in hand with native vided basic solar energy services for teams, they understand the idiosyn- remote locations. In , we guar- crasy of each country and project. antee 100% clean energy to Google’s Rivalry with multinationals in each new Data Center for the region. tender completes us. And our expe- We are also here to rejoice: Bestinver riences abroad put us in touch with turns 30; Trasmediterranea turns our domestic clients. Sharing their 100. And we celebrate an impor- synergies makes us versatile. tant milestone for sustainability: Our experiences Th is magazine depicts the challenges ACCIONA EcoPowered becomes the abroad put us in touch and opportunities of globalization. fi rst zero-emissions car to complete As we enter the strategic market of the most extreme of rallies, the with our domestic the Middle East, we shine a light Dakar 2017. clients on the context: the development of those societies and their economy as www.acciona.com

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03_ACCIONA_editorial_ENG.indd 3 17/2/17 17:31 SUMMARY

EDITORIAL DAKAR 2017 A group of the WE’VE world with a MADE 03 multicultural spirit. 12 HISTORY Th e ACCIONA 100% EcoPowered is the fi rst zero emissions car to fi nish the world’s toughest rally. Proved: clean competition is both desirable and possible. IN NUMBERS BESTINVER 06 TURNS 30 ’s leading independent INTERVIEW investment fund and retirement plan manager celebrates sustained MUSEUMS growth and profi tability. AND EVENTS NEVER TO BE FORGOTTEN

ACCIONA Producciones y Diseño’s new managing director unveils the keys to cultural engineering in exhibitions and events that are interactive, intense and exciting. A global vision from Spain to Russia, China to the Arabian Peninsula.

08HISTORY BUILDING BRIDGES IN OLD BILBAO

Back to the 1930s, when Spain welcomed its fi rst bascule bridge allowing the fl ow of merchant ships. 18

Publisher: Th is magazine is printed General Director of Corporate Identity on chlorine-free paper Follow and Global Marketing. sourced from sustainable us on ACCIONA, S.A. forests. FSC certifi cation, Avda. de Europa, 18. provided by the Forest NEWS P. E. La Moraleja. Stewardship Council, ACCIONA 28108 Alcobendas. ensures that paper . Tel.: 91 66322 87 products come from 10 LATEST TWITTER FACEBOOK E-mail: well-managed forests Business [email protected] and that the chain results for 2016. Once again we are Production: of custody remains the greenest electric utility in the La Factoría, Prisa Revistas. unbroken throughout world. And working with National National Book Catalog Number: the transformation and Geographic in fi ve countries. M-35.445-1997. fi nishing process. INSTAGRAM YOUTUBE

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04-05_ACCIONA_Sumario_ENG.indd 4 15/2/17 21:14 N. 65 March 2017

CLEAN ENERGY 38 THE GOOGLE AGREEMENT El Romero Solar is supplying 100% renewable energy to Google’s new 24 data center and its other facilities in Chile, which service the whole of Latin America.

COOPE- GLOBALIZATION RATION 42 LIGHT AT THE REINVENTION HOME PROGRAM OF THE MIDDLE EAST Electricity supply to isolated Th e oil-rich region moves towards a diverse, demanding economy with a strong need for communities in Peru takes a huge infrastructure. Cultural adaptation is needed to succeed in a strategic market. leap forward thanks to micro enterprises selling and repairing solar power devices.

SERVICES CLEANER 46 AND SAFER RAILWAYS As well as assuring hygiene for millions of passengers, ACCIONA’s maintenance and cleaning services for Spanish rail operator Renfe also 32 enhance safety. WORLD SUMMITS DAVOS, CENTENARY ABU DHABI, PAST AND MARRAKESH 48 FUTURE OF A SHIPPING AND CLIMATE COMPANY CHANGE Trasmediterranea turns 100. Th e long history of the company runs Are we making progress? Yes, parallel with Spain’s political, cultural but we need to pick up the and commercial development. pace. Th ree recent summits evidence the implementation of the Paris Agreement. However, the poorer countries need help, while the biggest polluters need GASTRONOMY to become more aware. Gastronomix, an 50 innovative culinary project that is also socially-oriented.

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04-05_ACCIONA_Sumario_ENG.indd 5 15/2/17 21:14 IN NUMBERS

BESTINVER TURNS 30

1993 CULTURAL SAW THE CREATION OF DIVERSITY: BESTINFOND, spanish employees work ITS FLAGSHIP FUND. alongside British and South African MISSION Yield since its inception: professionals ACCOMPLISHED 15,4% The team of AFTER THREE ANNUALIZED RETURN 12 DECADES MANAGERS AND ANALYSTS

BESTINVER IS SPAIN’S LEADING* DRAWS ON INDEPENDENT In other words, an accumulated return of INVESTMENT 200 FUND AND 2,988.4%. RETIREMENT PLAN €10,000 invested YEARS QUICK BRIEF at the time MANAGER OF EXPERIENCE would have yielded almost €300,000 today. AND SPENDS Bestinver is also active in other IT HAS 4 European countries, mainly serving 30,000 HEADQUARTERS IN: Spanish clients, HOURS PER YEAR and over the last two years analyzing business opportunities Madrid, Barcelona, the Company’s international portfolio (which they call, “the shopping list”). Pamplona and León. HAS YIELDED A

MANAGING Its portfolios off er over ASSETS 25.73% 40% GROWTH AMOUNTING RETURN POTENTIAL in more than TO 5,2 BILLION Th at SUSTAINED PROFITABILITY 60 COMPANIES in accounts for the Company’s stunning EUROS track record, including more than for more than 4 MAJOR SECTORS 40,000 INVESTORS: 100 international FINANCE INDUSTRY 83% in AWARDS 83% investment funds and the other 17% in retirement funds. COMMUNICATION CONSUMER 17% AND TECHNOLOGY

VIDEO * Leading independent manager of managed assets according to data from Inverco at the end of December 2016. http://acciona.sa/Na3Q308iQRY

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06_ACCIONA_CIFRAS3_ENG.indd 6 17/2/17 17:28 ACCIONA INMOVILIARIA ENG NUEVA IMPAR.ai 2 16/02/17 16:34

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K 08-09_ACCIONA_Historicas2_ENG.indd 8 15/2/17 21:21 HISTORY

A BRIDGE TO GROW DEUSTO WAS SPAIN’S FIRST BASCULE BRIDGE. TODAY IS A SYMBOL OF THE GREATER BILBAO.

by Patricia Alcorta

1930s. Bilbao is overrun with shipyards, factories, labourers and engineers. Th e city is becoming an industrial hub, but outgrowing the limits of its capacity. By connecting the districts of Abando and Deusto over water, Bilbao could gain some much-needed real estate. However, the project is faced with an unprecedented problem: the river is a busy shipping channel and a permanent bridge would block cargo vessels. So Deusto introduced Spain’s fi rst bascule bridge. Entrecanales and Távora built the foundations and four years later, in 1936, the bridge was completed. It had to be constructed twice, though. Blown up in 1937, it was back up and running two years later.

08-09_ACCIONA_Historicas2_ENG.indd 9 21/2/17 13:39 NEWS

NET PROFIT GROWS BY 70% 2016 FINANCIAL RESULTS

GROSS MILLION INVESTMENTS: EUROS 916 MILLION, In net profit quadrupling the 2015 352 fi gure

Last year’s results include an extraordinary in Infrastructure: +91.8%. Th e Renewables income of 721 million euros from the division is still the main generator of EBITDA, ACCIONA Windpower (AWP) and at 62% of the group total. DEBT merger, plus extraordinary costs of 626 Business turnover stood at 5,977 million. REDUCTION: million arising from improvements to Th e Company’s growth is underpinned infrastructure and debt conditions. by the 21% increase in the Construction -0.5%. Earnings Before Interest, Taxes, Depreciation portfolio to 8,140 million euros and the and Amortization (EBITDA) rose slightly almost 700MW of renewable energy Now standing to 1,192 million euros, meeting planned orders following bid processes in Chile, at 5,131 targets, mainly due to the solid growth seen Mexico and Australia. million

SAN ROMÁN, ACCIONA WATER AND BEACH PROJECTS ENERGY’S EIGHTH IN THE DOMINICAN REPUBLIC WIND FARM IN THE US Two new developments related to water. ACCIONA Energy has built On the one hand, the implementation of San Román in Cameron the Peravia Multiple Aqueduct Project County (Texas), a 93-MW in the south of country, which services around 138,000 people in a region that project with capacity to power has suff ered from a lack of drinking approximately 30,000 homes. water for more than 40 years. Alongside the Company’s other Th e €130m project has been developed seven US-based wind farms, by ACCIONA Agua in partnership with a San Román brings the wind local business. On the other, ACCIONA Infrastructure was awarded a contract to power capacity to 721 MW. Built restore and improve 13 beaches in seven on schedule in 11 months, San villages in some of the most popular Román has 31 wind turbines. tourist areas on the island.

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10-11_ACCIONA_noticias_ENG.indd 10 1/3/17 12:42 NOTICIAS

ACCIONA CONTINUES TO BE THE GREENEST ELECTRIC UTILITY IN THE WORLD

Th e Company ranked fi rst in the generators worldwide, with “New Energy Top 100 Green capacities between 160 Gigawatts A NEW TERMINAL FOR Utilities” list compiled by Energy (Huaneng, China) and just under MEXICO CITY’S AIRPORT Intelligence (an independent US 7 GW (OGE Energy, US). consulting fi rm specializing in Among other issues, the analysis Mexico City’s future airport is one of the energy markets). Th e ranking also highlights that almost 80% largest infrastructure projects currently classifi es companies by of new electric power capacity underway in Latin America. ACCIONA assessing both their eff orts to installed in 2015 by those Infrastructure, in consortium with Mexican and other Spanish companies, reduce CO2 emissions and their 100 companies is renewable; installed renewable capacity. European companies occupy has been awarded the contract to build Th e Company topped the 5 of the top 10 positions; and the terminal. Th e building will be an same list last year. Chinese companies hold 6 of X-shaped design created by Norman For the study, Energy Intelligence the 10 fi rst positions in terms of Foster and Fernando Romero with a fl oor selected the top 100 power renewable capacity installed. area of 743,000 m2, distributed over four levels, which is expected to serve around 68 million passengers a year. Proposed budget: 3.93 billion euros.

Partnership with National Geographic to fi ght climate change

WATER MANAGEMENT SERVICES FOR SEVEN MILLION PEOPLE IN PERU

ACCIONA Agua has been awarded a new contract in Peru (three years, 16 million euros and 170 jobs) including the Disseminate, inform and raise awareness. The agreement with National management, preventive and predictive Geographic aims to underline the need for us all to do our bit to fight maintenance, and evaluation of the climate change. ACCIONA has teamed up with National Geographic to drinking water and sewer systems in eight support the launch of new episodes of Years of Living Dangerously districts of Lima. Among other tasks, (National Geographic Channel) in countries where the Company has built almost 100 kilometers of water supply iconic projects: Canada, Chile, Mexico, Australia and Spain. The series is and sewerage piping will be installed or set to be a hit: it has aired in 171 countries and 45 languages with celebrity replaced, 47,000 domestic connections presenters (Thomas Friedman, David Letterman, Nikki Reed, Sigourney will be renewed and 100,000 points for Weaver…) traveling around the world highlighting the effects of global checking pressure and chlorine levels in warming and how we can mitigate them. the network will be installed.

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10-11_ACCIONA_noticias_ENG.indd 11 17/2/17 17:27 After just failing to complete the , the ACCIONA 100% EcoPowered succeeded in powering its way to the fi nish of the 2017 edition, recognised as the toughest yet to be hosted in .

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THE ACCIONA 100% ECOPOWERED HAS MADE HISTORY AS THE FIRST ALL-ELECTRIC CAR TO FINISH THE DAKAR RALLY, THE WORLD’S TOUGHEST RACE. THAT’S BAD NEWS… FOR POLLUTION! CONQUERING THE WORLD’S TOUGHEST RALLY

by Juan Pablo Zurdo

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12-17_ACCIONA_Coche_Dakar6_ENG.indd 13 15/2/17 21:44 HIS RALLY IS ONE OF THE ward for sustainability. It breaks new ground for GRIMIEST the green economy and could be a game-changer for society. “We’ve always had great expecta- AND MOST tions. Th is car is something else. We have a lot of followers; we connect with concern about cli- GRUELLING mate change. Th at fuels our goal, which is to raise awareness of the need for renewable energy,” says TESTS IN THE Argentine driver Ariel Jatón (on the right in the photo, next to his co-pilot). MOTORSPORT IMAGINE 80% CALENDAR. If a 4x4 is able to complete the gruelling 9,000 kilometers (5,600 miles) between Asunción, and (the route completed by 14 February), motor sports as a whole will be able to It has become a highly technological race. A trial embrace electric engines and emit less pollution. that tests the grit and skill of the drivers and their “I imagine 80% of the cars competing in the Dakar technical support teams. And a milestone in the Rally will eventually be electric,” said Jatón, short- history of energy. More than 18,000 trucks, cars, ly after crossing the fi nish line. motorbikes and quads have bitten the dust (and Jatón knows what he’s talking about: besides driv- mud, ice and rock...) over the course of the rally’s ing the vehicle, he’s an engineer, mechanic and 39 editions, but the ACCIONA 100% EcoPowered has been a part of the process from the design stag- is the only one to have completed the race without es all the way through to assembly. He also brings burning a single drop of fuel or emitting a single with him the experience gained last year, when

molecule of CO2.Amazing news for sport, tech- they were just three days away from completing nology, business and adventure. But, above all, the race due to a 45-minute delay in one of the fi nal this landmark represents a promising step for- stages. His partnership with fellow Argentine,

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weight, feature an improved cooling system for the engine, and better electronics and logistics to cut THE SMELL OF GRASS AND SKIDDING OF TYRES down the fast charge time.

What’s it like to drive this machine? Th e engine in a 100% electric car HEAT AND ALTITUDE is very diff erent from a 100% fuel-powered car, as is the sensation But, even with Dakar 2016 behind them, the truth of driving it. Electric propulsion is more progressive, even in manual vehicles. Above all, it’s quieter: the noise from the engine cylinders was the chances of 100% EcoPowered completing give way to high voltage that barely even hums. Th e sound level in the 2017 rally also seemed doubtful. , the driver’s seat is something else. the event’s sports director, described it as the most “You can hear what’s going on outside: the suspension, the friction arduous of all fi ve editions hosted in South America of the wheels on the terrain. Other drivers don’t hear us coming and we have to hoot for people and journalists to get out of the way,” to date. On top of the diffi cult route, the extreme explained driver Ariel Jatón. “Th e level of focus also changes. We weather —scorching temperatures in could smell the grass and the plants as we drove over them.” and the Austral summer— and the high altitude in , drivers would have to deal with surprise flooding from the Rio Grande in . The huge amount of mud forced the race to be rerouted and saw the withdrawal of 26% of cars. So, the result proved the great potential of a zero-emissions contestant. The goal this edition was to complete the rally. Like a small football team hoping to stay in the First Division, Jatón says they can now dream bigger and aim to move up the rankings and gain traction in the media. The race confirmed the car has some technolog- ical advantages over its polluting rivals: for one, the EcoPowered performs better at high altitudes. At more than 3,000 metres in the Bolivian , naturally aspirated vehicles were spluttering due Germán Tito Rolón, has also played a critical role in to the lack of oxygen for combustion, whereas it their success. Being on the same wavelength with was plain sailing for the electric car. On top of that, your co-pilot is like achieving synergy in a group of the world’s most powerful electric engine outper- companies. Tito is an electronics engineer (expe- formed favorites, including Alejandro Yacopini’s rienced in drones and electrical systems) and last , on the dunes and soft sand. year he was the technical director for the EcoPow- Th e hardest part? “Th e marathon stage: two con- ered batteries and recharge system. secutive days when assistance vehicles are pro- An electric vehicle runs on two hearts: the engine hibited. Not only is it a huge physical and men- that transforms electricity into power and the bat- tal eff ort, but you also have to prepare absolutely tery system that charges it. Th is element has evolved everything yourself. In this edition, we had to do year on year to the point of improving the vehicle’s it all at an altitude of more than 4,000 metres in autonomy by 20%, absolutely unthinkable in tradi- Uyuni [Bolivia],” says the pilot. The best part? tional mechanics. “Unlike internal combustion, this “Crossing the fi nish line in Buenos Aires [his home technology is still developing fast,” says Jatón. town]. We felt like we’d made history.” The look and mechanics are the same as in 2016, but the internal design of the current version was VIDEO www.acciona.sa/X4gK308iRfT overhauled to add more battery charge, reduce the @ACCIONADAKAR @arieljaton

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HOW IT WORKS INSIDE A GENUINE ORIGINAL

MADE ENTIRELY IN SPAIN, IN VILANOVA DEL VALLÉS (BARCELONA), THE ECOPOWERED IS THE MOST POWERFUL ELECTRIC CAR IN THE WORLD.

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1 SOLAR PANEL 5 SYNCHRONOUS 9 BATTERY MODULES Built by ACCIONA for high ELECTRIC MOTOR Alongside the motor, the batteries performance competition. It The most powerful electric are by far the most important pieces in the vehicle and deliver measures 250cm² and has an motor in the world: 250 KW (340 HP). Outstanding engine power and autonomy. Weighing in energy generation capacity torque (i.e., the force that can at 920 kg, the batteries are located of 100Wh (12V). The solar be expressed on the gear in the front and back of the car and panel feeds the vehicle’s shaft): 800 Nm. In fact, the under the pilot and co-pilot seats. electronic system. torque is lowered by 50% or Th ere are 12 packs in the front, 12 more because it generates in the middle and 24 at the back 2 ELECTRIC CHARGING more than enough power for to balance out the weight and add grip. Each pack contains 330 lithium Th ree phase 220-415V, 16 to the surfaces in the rallies. batteries, similar to the ones used in 32A. Ultrafast charging can The motor usually runs television controllers. Th at adds up prime batteries in one hour. between 2,500 and 3,500 rpm, but can easily reach to a grand total of 15,840 batteries. Th ere are also charging ports 10,000. It is more reliable than Th e engine recharge system inside for the front batteries. leverages the energy generated natural aspirated engines by the brakes to feed back 10-15% both in high altitude locations, of electricity consumed to the 3 SEQUENTIAL GEARBOX where the latter suffer from batteries. Batteries also feature Six-speed. Not strictly a lack of oxygen, and over a control module that adapts the necessary, since electric dunes and soft sand. The current to the accelerator. Battery vehicle has outperformed vehicles can be driven in packs and cables are covered in competitors on this type of automatic. However, it watertight material to avoid failures terrain. How much does it has been built into the car when driving through waterlogged weigh? Just 55 kg. for drivers to adapt to the areas, mud or rain. conditions of the route and 6 SUSPENSION 10 CONTROL MODULE optimize consumption. Fully-regulated Hydraulic- Like a built-in display on a Given the terrain, the driver Nitrogen. dashboard, the screen on this can shift from 2nd to 6th vehicle monitors consumption. Th is gear and keep the vehicle 7 SERVO-ASSISTED is a vital function for optimizing in 6th for kilometers. Th is STEERING performance and autonomy. setup drastically reduces High performance. Durable Th e control module supervises enough to withstand a the number of gear changes the charge level and range of Dakar rally. consumption and power, which compared to a traditional car. goes from 290 V (min.) to 380 V 8 TYRES (max.), with the optimal average 4 CARBON FIBER Size: 245/85 cm. R16. set at 350 V. Drivers keep one eye BODYWORK Designed to reduce friction on on the road and the other on the Ultra-light and durable. different surfaces. screen at all times.

Weight: 2,100 kg. Length: 4.6 meters. Width: 2.20 meters. Maximum speed: electronically self-limited to 150 km/h. Energy consumption: from 20 to 45 kWh/100 km. Autonomy: 200 km in race conditions.

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JOSÉ MARÍA LÓPEZ-GALIACHO MANAGING DIRECTOR OF ACCIONA PRODUCCIONES Y DISEÑO Museums and events never to be forgotten

by Juan Pablo Zurdo photos Luis Rubio

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18-23_ACCIONA_EntrevistaAPD_ENG.indd 18 15/2/17 21:46 José María López-Galiacho has a background in marketing, consultancy, energy, industry and construction.

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18-23_ACCIONA_EntrevistaAPD_ENG.indd 19 15/2/17 21:46 OFFICES IN SEVILLE, MADRID, OMAN, DUBAI AND ASTANA

100 employees

PERFORMANCES IN 36 COUNTRIES ACROSS 5 CONTINENTS

proyects 600 20 IN ACTION

IDS INTERACTING WITH PROJECTIONS

using laser pointers. Cameras that record visitors and incorporate them onto giant screens. Reconstructions of Russian neighbourhoods. Highly creative cultural engineering projects that denote a striking ability to understand the heritage and philosophy of 36 coun- tries across fi ve continents. ACCIONA Producciones y Diseño (APD), the company behind these projects, is embarking on a new phase of its corporate life under a new managing director, José María López-Galiacho, appointed in March 2016. After studying at several European universities (business, law, trade and Latin American studies), López-Gali-

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acho moved on to hone his professional experi- in Latin America and Africa, and is current- ly focusing his global infl uence towards strategic markets in Asia and the Middle East.

Do APD projects combine interaction and tradi- The goal of a museum is to tional museum visits? Th e traditional model is based on a static notion build a modern and appealing of the narrative discourse and disregards edu- cational approaches, enhancing the importance narrative that piques an interest of the artwork. Th ere is no dialogue between the museum and the visitor. However, visitors enter and sparks emotions museums with diff erent expectations nowadays. New technologies and social media interactions between individuals and the outside world have rendered that traditional approach obsolete. Th e new model lets visitors interact and deepens their understanding of the content in a bespoke manner because comprehension and assimila- tion are more intense. How does a city benefit from a museum that UP CLOSE AND PERSONAL implements leading cultural engineering? A project you’d contribute to your They don’t teach In this type of museum, the main goal is to build like to work on work? that in the best a modern and appealing narrative that piques with APD. You learn to adapt business school in The National and realize that the world. an interest and sparks emotions, making the Museum of our problems are If you weren’t visitors feel included as they embrace a unique Qatar, the tiny compared doing this, you’d experience. Th e challenge lies in transforming largest museum to the hardships be... in the whole people suffer Trying to squeeze a static museum into a 21st-Century venue that of the Middle elsewhere. You my way into a is creative, educational and fun, and has solid East. And an make friends. verse of Sabina’s economic potential regardless of seasonal peaks. Olympics opening You sign El pirata cojo. I’d ceremony. international fail, reconsider Th at sort of place can change a city’s spirit. Not Where did you deals with a and set up a only with its content, but by means of social in- learn the most? diverse range of company that novation, technological and economic innova- Africa. It was clients. And you combined one of a humbling become resilient. my hobbies with tion, and sustainable development. experience. The How much of an new technologies. Could you elaborate on a specifi c case where you people there adventurer does A fictional saw that positive impact? reminded me it take to travel character you what principles the world? admire... The night-time visit to Cordoba’s cathedral El we should really It’s one thing Don Quixote. Alma de Córdoba (Th e Soul of Cordoba) is a prime be fighting for. to travel for fun We’re both from example. When visiting at night, this permanent A sentence about and another La Mancha and travelling... to merge with he had the ability installation introduces visitors to the history of Mark Twain the destination to dream up a the temple using modern technology and state- said travel is an you’re visiting. world of his own. exercise with fatal More than an I admire Chaplin’s of-the-art audiovisual projections, integrated in consequences for adventurer, you ability to survive. a manner that respects the building’s certifi cation prejudice, bigotry, must be a mad Phileas Fogg’s as a UNESCO World Heritage site and an active and narrow- adventurer. love of travel. Jay mindedness. Travelling teaches Gatsby’s ability Catholic holy place. The addition of an evening What do these you to adapt and to life live to the visit has reactivated the temple and made tour- experiences be happy abroad. fullest.

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ism less seasonal. Th e cathedral is always packed, even during off -season months. Both contents and consumers rely more on audiovisual resources. How does this aff ect the Company? Our most recent projects featured aug- mented reality, mobile devices and tablets, ultra-high-definition projections, 4D videos, drones, video mapping, etc. The most innova- tive audiovisual technology doesn’t simply evolve in leaps and bounds, it reaches a huge number of people in very little time following inception. Th erefore, the challenge for contem- porary museums and events is twofold: on the one hand, museums need to keep tech resources updated, and; on the other, they need to offer exciting experiences. For instance, last year’s Christmas event in Seville incorporated an audiovisual element that children could interact with using laser pointers. At the Habitat Muse-

MEMORABLE EXPERIENCES Kazakhstan others. The immersive, National Museum Boris Yeltsin Wu Kingdom Helv National Pavilion, interactive settings of Oman. The Presidential Relic Museum. UAE National appeal to sight, greatest cultural Museum. Wuxi, China. The Pavilion and hearing, touch and project in the Gulf Yekaterinburg, largest immersive Spanish Pavilion. even smell. area in terms of Russia. The city’s top audiovisual installation 2017 Astana Expo size and heritage. cultural attraction. in the world. (June 10 - September Opening ceremony Fourteen rooms, 250 Reconstructions of the A 650-square-meter 10). The theme will for the Abu Dhabi cabinets and 6,000 Kremlin office (with screen (above) be Future Energy. Sustainability objects. The collection its original furniture), surrounds visitors, After the Expo, the Week (ADSW) is contextualized the Politburo meeting allowing them to Kazakhstan National 2017 (January with interactive and room, a Moscow interact with the Pavilion will house the 16, 2017). The audiovisual elements, street scene, a typical scenes. Covering the Energy Museum. most important one of which is in ultra- Russian apartment history of the Kingdom sustainability event high-definition. and a barricade of Wu, the audiovisual House of hosted in the Middle that recreates the show synchronises European History East. Every year, Olusegun attempted coup of 22 screens, more than of Brussels. the event attracts Obasanjo Library August 1991. 30 computers and 14 Opening in the first leading international and Museum. Curved screen surveillance cameras half of 2017. Visitors politicians, Abeokuta, Nigeria. measuring more than that capture images of are given a tablet that entrepreneurs, The design combines nine meters long the visitors to create translates information scientists and traditional African and an immersive 2D and 3D graphics, into the EU’s 24 official academics. APD elements with audiovisual theatre. which are mixed with languages. Most of the designed the set, interactive modules, APD was responsible the film. written information staging and lighting, original objects for the technical The installation will appear on the and audiovisual and sophisticated development and has received four tablet so as to not content, including audiovisual resources. implementation of the international awards for to give priority to a video-mapping Exhibition area: 2,300 permanent exhibition design and innovation some languages over projection. square meters. (2,300 square meters). in new technologies.

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water Archaeology (ARQUA) with LED lighting and have since implemented this technology in all A CUTTING-EDGE our designs. Since 2012, all the events we develop MUSEUM IN THE for our clients are 100% carbon neutral. FIELD OF CULTURAL Is creativity the key to surprising and exciting ENGINEERING IS... visitors with memorable content? Creativity is key regardless of the type of pro- Memorable, visitors technologies take visits ject: events, museums, shows, etc. Not only want to come back. to another level and Interactive, the bring added value to the within our team, but also when picking the best narrative dynamic collection. specialists in each area. Th at is how we can push invites participation. Intuitive, inclusive and the envelope in all our eff orts. Luckily, our pro- Inclusive, it interesting to a vast incorporates the diversity of visitors. In jects are so innovative that they generally appeal collection in a historical several languages. to the top professionals in the business. Th e fact context. Understandable. that we offer an ideal setting for them to hone Educational and Information is concise informative. It speaks and legible. their talent also adds to the appeal. I think talent to scholars, the general Updatable or renewable. and creativity bounce off each other, particu- public and children. Original. Th ere are larly in multicultural and global teams like ours. Accessible to people no universal keys to Our colleagues are from Russia, Italy, Germany, with disabilities. success, and the design Technological. New should be unique. Poland... from all over the world in fact. How do you adapt projects to the difficult cul- tures and mentalities of the visitors? By working very closely with local professionals. um in Kuwait, on entering visitors get a Seed Getting immersed in the culture of each country Ticket embedded with a real seed that includes is also a key factor for our teams. We understand a chip featuring information on the seed which them by living with them, getting a feel for their can be used to interact with the multimedia ele- culture and discovering not only what they like, ments in the museum. but also what excites them. We also identify what Technology has made culture available to groups they look for in a foreign company and involve of people who were previously unable to access them in the design process. it. As has social engineering, quite literally... Does that cultural immersion go beyond a pro- We have a fi rm commitment: everyone has the fessional interest? right to enjoy a museum, exhibition, event, Th e great thing about this job is that it introduces trade fair. Why would a disability prevent some- you to countries and cultures that would be hard to one from having the experience? We are very access as a tourist. You get to know people, learn proud of the National Museum of Oman, the fi rst about their customs and traditions and share ex- museum for blind people in the whole of the periences in a very intense manner. You forget cli- Middle East and the first in Oman that will be chés and can focus on the big picture. It’s a very accessible to people with reduced mobility. enriching experience. I have discovered that we Transferring that social concern to the whole of have a lot of things in common with Middle East- the population brings sustainability into the mix... ern countries, more than you’d imagine. Especial- All our projects are designed with a solid focus on ly in terms of friendliness and hospitality. environmental awareness, minimizing the neg- ative impact on the environment by optimizing energy use, reducing waste and curtailing and compensating emissions. We blazed the trail in VIDEO Spain by fi tting out the entire Museum of Under- http://acciona.sa/xlzz308iR9N

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18-23_ACCIONA_EntrevistaAPD_ENG.indd 23 15/2/17 21:46 GLOBALIZATION

THET H E RREINVENTIONE I N V E N T I O N OOFF TTHEH E MIDDLE

byb ÁnÁngelngeel LuLuisiss SuSucasasucaasas

Project fforor tthehe ExpoExpo 2020 undergroundunderground station in Dubai,Dubai, afterafter the extensionextension ofof thethe lineline to thethe fairgroundfairground site.

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24-31_ACCIONA_OrienteENG.indd 24 17/2/17 17:25 GLOBALIZATION

THETHT E COUNTRIESCOOUNU TRIEIES INN TTHEHEHE ARABIANARABIANAN PPENINSULAENINNSUULAA AARERER EEXPERIENCINGXPXPERRIENCINI G UNPRECEDENTEDUNPRP ECCEDDENENTET D ECONOMICECECONONOMO ICIC ANDAND TTECHNOLOGICALECECHNHNOLLOGGICCALAL GGROWTH.ROR WTW H.H THEYTHTHEYY HAVEHAVVE TURNEDTURNR EDED TTHEHEHE OILOILL CCRASHRARASHH IINTONTNTO ANAN OOPPORTUNITYPPPORRTUUNIN TYY FFORORR ECONOMICECECONONOMO ICIC DIVERSIFICATIONDIVIVERRSIS FIF CACATIT ONO AANDNDND SSTRENGTHENINGTRTRENENGTGTHEHENININGNG IINFRASTRUCTURE,NFN RARASTSTRUUCTTURU E,E TRIGGERINGTRRIGGGEGERIR NGNG AMPLEAMPM LE OPPORTUNITIESOPPORRTUUNIN TIT ESES FORFORR WWESTERNESSTETERNR CCOMPANIESOMMPAPANIN ESE WILLINGWIW LLLINNG TOT AADAPTDAPT TTOO THTHEHE LOLOCALCAAL MAMARKET.ARKKETT. EAST

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24-31_ACCIONA_OrienteENG.indd 25 17/2/17 17:25 GLOBALIZATION

MAN. QATAR. UNITED ARAB EMIRATES. SAUDI ARABIA... COUNTRIES WITH NEW FRONTIERS.

New frontiers are helping to redefi ne the Middle to speed up modernization in the Middle East, East. Known for many years as the land of oil, from artificial intelligence to customized Inter- the region is now also benefi ting from the kind of net experiences (Th e Internet of Me). In late 2016, wealth generated by multinationals such as AC- Elon Musk, the tech mogul of the hour, confi rmed CIONA. With its expertise in infrastructure, water, Dubai would host the fi rst network of his ground- Oengineering, construction, cultural, industrial breaking Hyperloop train, which can travel at and services engineering, and more than 2,000 more than 600 mph. employees on sites in the region, ACCIONA has a The cash-flush region aims to spearhead future strong presence in the Middle East. innovation primarily using multinationals. “We This is also demonstrated through its strategic identifi ed a strong need for infrastructure, from contracts, including the Dubai metro exten- transport to water cycle processing. We looked in sion for Expo 2020 (as part of the Expolink con- the mirror and saw our own reflection. This has sortium, alongside Alstom and Gülermak); the become a strategic region for a lot of companies,” world’s largest photovoltaic plant, the Moham- points out Jesús Sierra González, regional man- med bin Rashid Al Maktoum Solar Park (Phase ager for ACCIONA Infrastructure in Europe, the III), also in Dubai; and the Ras Abu Fontas 3 de- Middle East and Africa. salination plant in Qatar, the fi rst in the country Ángeles Espinosa, correspondent for Spanish to use reverse osmosis technology. newspaper El País in Dubai, says “there is a notable Despite the apparent recession caused by the trend turning certain countries into tech hubs,” On the right, plummeting price of oil (after selling at more than mainly driven by economic motives, but also by Dubai’s $120 per barrel in 2012, rates have dropped to just social issues, such as creating jobs for Dubai’s skyline. Th e dunes over $50 in early 2017), the region is a land of op- youths, who are notoriously overprotected. evidence portunity for companies that can adapt to the cul- the huge tural and economic puzzle. Goodbye carbon de- SUSTAINED STRENGTH investment required to pendence. Hello, digital transformation, transport From a macroeconomic point of view, the Mid- build a city technologies, media and quality tourism. dle East is dropping down a gear, due to the fall- of 1.5 m In its report, Accenture Technology Vision, the con- ing oil prices and increasing foreign debt. After inhabitants in the middle of sulting company showcased the top five trends growing at a steady 6% for decades, countries the desert.

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24-31_ACCIONA_OrienteENG.indd 27 15/2/17 21:53 like the UAE have slowed to 3.4%. A big-picture approach reveals a whole different story, how- ever. Saudi Arabia’s debt is only worth 5.9% of SERVICES, WATER, its GDP. Th e UAE’s fiscal defi cit is only 15.68% of ENERGY AND TRANSPORT the GDP, while in the US it stands at 104% and is double that in Japan. EXTENSION OF MAINTENANCE THE DUBAI METRO AND SERVICES Th e World Bank report, Doing Business 2017: Equal Th e network is to be extended Airports, schools, hospitals, Opportunity for All, provides a detailed look at the 14.5 km to connect to the Expo embassies and hotels in spectacular growth of countries ranked by their 2020 site. Oman and Qatar. THE QUOTE: “Construction will THE QUOTE: “Apart from ease of doing business. Oman has seen the great- include 11.8 km over ground, paying our employees a est improvement, after shooting up from number 3.2 km underground and seven salary, we contribute to their 159 to 32 in one year. Bahrain is up 69 positions stations, including the Expo welfare.” Maximiliano Ades stop.” Marcos Dorao Madruga – Alsina – General Manager for compared to last year. UAE tops the regional rank- Business Development Manager the Middle East at ACCIONA ing and is one of the ten countries worldwide that for the Middle East at ACCIONA Service. most improved their ratings. Construction. DEWA RAS ABU FONTAS 3 PHOTOVOLTAIC TOLERANCE DESALINATION PLANT, PLANT IN DUBAI “Many companies say opportunities have dried QATAR Consisting of 3.1 million up in the Middle East. If that’s what they think, Capacity of 164,000 m3 per day. panels, with 800 MW Supply for 1 million inhabitants. capacity. fair enough. We’re doing very well over here. THE QUOTE: “Th e fi rst THE QUOTE: “We are building We’ve identified two key issues: trust and re- desalination project to use one of the largest solar spect,” says Jesús Sierra. “Companies used to reverse osmosis technology in plants in the world and it will Qatar, completed on schedule.” be ready for Expo 2020.” come and tell clients what they needed, without Julio Ratia Romero – Operations Alfons Juan Tomás – actually listening to them. Nowadays, you must and Maintenance Manager for the Development Manager be fl exible, understand your client’s needs and Middle East at ACCIONA Agua. for ACCIONA Industrial.

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CONNECTING MINDS. CREATING THE FUTURE barbecue ACCIONA Infrastructure). The quest for burns with Julio de la Rosa (director diversification Dubai’s of ACCIONA Agua in the and entry into horizon in the Middle East, six years global markets background. in UAE) sees Spain’s are strategic A What seasoning is that? multicultural nature as an goals for the Could it be Indian turmeric, advantage when it comes region. Mexican chili or maybe it’s to adapting to life in the Cajun cayenne pepper? region. Perhaps all the spices. According to statistics “Most people have from Dubai’s government, children. Their families 71% of residents are not are far away, so everyone Arabic. Although the State is open to creating new is openly Sunni and Islamic, bonds. Weekends are other religions including packed with birthday Christianity and Hinduism parties and barbecues are also allowed. thrown by international Events such as the 2022 deliver on your commitments. Th at’s the way to hosts. Daily life is more World Cup in Qatar and do business and win big contracts.” interesting than you the Expo 22 in Dubai Fajr. Dhur. ‘Asr. Maghrib. Ishā. Dawn. Midday. imagined before arriving,” (October 2020 to April Maximiliano Ades Alsina – 2021) will open the region Afternoon. Sunset. Night. Islam’s five calls to General Manager for the up to other countries. The prayer take priority over business meetings and Middle East at ACCIONA Expo fairground (the photo Service. below shows a detail of the construction work. Foreigners are expected to re- The blend of cultures is project) will accommodate spect local customs, such as reducing their alcohol reminiscent of the most 180 nations and hopes to intake, toning down their dress code and eating cosmopolitan cities: “There attract approximately 25 are 22 kids in my son’s million visitors. modestly during the month of Ramadan. “Th ere school, from 15 different Th e theme chosen for the are four or fi ve red lines. As long as you don’t cross nationalities. That speaks event partly defi nes the them, you’re fi ne,” says Jesús Sancho Carrascosa, for the integration of attitude companies should cultures, religions and take to succeed in the Director for Middle Eastern Countries at ACCIONA ethnicities,” explains Jesús Middle East in the long term: Infrastructure, which has boomed spectacularly Sancho (Manager for Connecting minds. Creating over the last five years. That respect should also Middle Eastern Countries at the future. be felt on a personal level. “Delivering on com- mitments and completing contracts on time has enabled us to build trust with our clients and part- ners, which is essential in the Middle East. In addi- tion, we have been able to foster a transference of know how,” underlines Jesús Sancho.

IN STEP WITH CULTURE Spanish companies have to break down some in- ternal barriers to understand the region. Th e media bias often conceals the fact that the Middle East has

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GONZALO ESCRIBANO Director of the Energy Program, Real Instituto Elcano. “You need a long-term vision to succeed”

that they also need to be planned with a long deadline in mind, since connections are not strong between native and foreign communities. In this sense and in most cases, these are dual markets. On the one hand, “a public sector with good jobs and a welfare state for Although foundations citizens.” On the other, are being laid for a more a diverse job market for diversified economy in foreigners. “That goes the region, Escribano for everyone from a still sees the need for Spanish engineer to a a solid scientific and Filipino maid.” technological fabric, As regards both domestic and opportunities for outsourced, “even Spanish companies, though a lot of hiring is Above, press left an indelible mark on a good part of Spain’s cul- Escribano does conference ture, from its customs to its languages. “Although going on.” not feel that the held by the “Some countries are aforementioned consortium Spanish companies disembarked in the Middle East implementing reforms; cultural proximities extending the after their international counterparts, they share take Saudi Arabia, Dubai metro with the Arabic a special relationship with the Arab world that is for instance. But the world can generate and UAE authorities, based on ties that go back many centuries. Th ey feel industrial fabric hasn’t clear competitive attended by a lot closer to us,” Jesús Sancho points out. grown for two years. advantages. It is more José Manuel There is obviously room important to have a Entrecanales, Correspondent Ángeles Espinosa believes that for improvement, but strong presence on site. Chairman of Spanish nationality can often lead to more favor- ACCIONA. creating tech hubs is “We do off er excellent able treatment. Not so much based on our history, easier said than done.” Below, Umm services and have very but on other trivial things: “When you arrive at In his expert opinion, Al Houl solid companies, but the Desalination these reforms need a the airport and show your passport, nine out of Spanish need to be more Plant, Qatar. long deadline: “We are present in the region.” ten times the offi cer asks ‘Real Madrid or Barce- talking about the mid or He affi rms a long-term lona?’ One of my acquaintances invites four of his long term.” vision is the ticket for top clients to a Real Madrid match every year.” The same goes for success and claims that, However, that relative link can never replace the the presence of except for a few cases, off er of a good product that is necessary and com- foreign stakeholders most companies err on to accelerate change. the side of excessive petitive in a market attracting strong companies

© Real Instituto Elcano Instituto © Real Escribano posits short-sightedness. from all over the world.

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THREE KEYS TO NEGOTIATION

1. Previous Every single deadline experiences in and condition agreed the Middle East. when signing the Clients are very deal should be met. interested in foreign Clients will always companies that value the ability to have worked on deliver exactly on similar projects the terms agreed in the region. upon. Information flows freely between 3. Renegotiating countries in the deals. area. Consequently, Prices and clients frequently conditions are research exactly negotiated over how other long processes. projects have been Clients usually implemented. request several BAFO (best and 2. Deliver on final offers) over commitments. the course of the Th e terms of the project and value agreement should aspects such as be set in stone. value engineering.

“CLIENTS AND more competitive markets. Th ings are very diff er- ent, both commercially and technically.” CONSULTANTS ACCIONA has also embraced another key aspect: specialization in a range of diff erent sectors that can be complementary. “Despite the plummeting DEMAND WORLD-CLASS price of oil, we have the means and know how QUALITY STANDARDS” to replicate our achievements. We have adapted to a changing market in real time. Many of the infrastructure projects, such as water processing plants, power facilities, transport, privatization and concessions, are in line with our experience Jesús Sancho is well aware of the fi erce international and strategy of specialization. In addition, the competition, despite cultural similarities between Company has a net added value in these areas,” foreign entrepreneurs and local contractors: “Th e concluded Jesús Sancho. clients and international consultants based in the Middle East demand world-class levels of compe- tition and quality standards. You can’t come here www.acciona.com thinking that the level of demand is lower than in @ACCIONA

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24-31_ACCIONA_OrienteENG.indd 31 15/2/17 21:53 CUMBRES MUNDIALES

CLIMATE CHANGE

GLOBAL

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32-37_ACCIONA_Marruecos2_ENG.indd 32 15/2/17 22:02 CUMBRES MUNDIALES

by Javier de la Cruz

DAVOS, ABU DHABI, MARRAKESH. THREE GLOBAL FORUMS. ONE SHARED VERDICT ABOUT THE THREAT AND CERTAINTY OF CLIMATE CHANGE. ARE WE MAKING PROGRESS?

ANXIETY

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32-37_ACCIONA_Marruecos2_ENG.indd 33 15/2/17 22:02 WORLD SUMMITS

HE EFFECTS OF GLOBAL WARMING RAISE RED FLAGS ON THE AGENDA. 2016 WAS THE HOTTEST YEAR

ever on the books. 16 of the 17 hottest years on record will have been this century. It’s time to stop chilling. The World Economic Forum in Davos raised the alarm in January. For the third year running, envi- ronmental dangers were one of the top three trends included in the Global Risks Report, alongside eco- nomic inequality and social polarization. Davos devoted 15 sessions to climate change and nine to clean energy. Impressive. Donald Trump’s skeptical shadow has not eclipsed the widespread goal to cut greenhouse gas emissions and implement the Paris Agreement. Renowned economist Nicholas Stern pointed out that: “Th e US RESISTANCE TO CHANGE is composed of states and cities that will be able to act on climate change regardless of their president’s AND LAX ATTITUDES actions.” For instance, California aims to reduce According to behavior to practice emissions by 40% by 2030. sociologists and what they preach. While at Davos, and in line with previous state- psychologists, a Th is reveals an ments, Chinese president Xi Jinping pledged to slash common drawback underlying, old belief appears when that changing one’s the emissions of the world’s top polluter (40 billion attempting to tackle behavior is pointless in tons/year in carbon dioxide), whatever the US does. major issues that the face of the world’s Although the North American country’s per require a common apathy. Consequently, eff ort. Th is is how it justifying our own capita pollution is higher, China is key because goes: people voice uselessness and it consumes and produces almost 50% of world their concern about blaming governments sustainability, but or the rest of the coal. Coal accounts for 45% of all CO emissions 2 do not change their planet. from energy consumption and 40% of sulfur dioxide emissions. Hence the role Beijing politics play in the price of coal.

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32-37_ACCIONA_Marruecos2_ENG.indd 34 15/2/17 22:02 WORLD SUMMITS

ADOPTING LAWS IN SOUTHERN COUNTRIES SPAIN IS UNDER INCREASING THREAT.

At the moment it’s just an announcement, but following ratification of the Paris Agreement, the Spanish government announced a law on climate change that converts the commitments acquired with the European Union into obligations and actions. The process is urgent because Spain would be one of the most affected European countries. According to a study by Berkeley and Stanford universities published in Nature, global warming would cause lower crop yields and transform the work culture, resulting in fewer working hours and a gradual decline in productivity. There would be a drop in income in southern nations compared to those in the north that would aggravate social inequality. In the worst case scenario forecast by the analysis, average income could fall by 46% in Spain, by 41% in Portugal and by 26% in Italy.

IN THE WORST CASE SCENARIO, SPAIN’S GDP COULD PLUMMET MORE THAN 40%

Davos revealed some promising trends. Renewa- Th e Marrakesh Energy Summit, focusing on renewables, energy bles are on the rise: in 2016, 300 billion US dollars Summit effi ciency and clean technologies. Th e International pledged to were invested in clean technologies, following a increase Renewable Energy Agency held its seventh general record 348 billion in 2015. Th e International Ener- help for poor assembly with the same focus. “An unprecedented countries. Th e gy Agency (IEA) estimates that strictly complying transformation of our energy system is underway. global strategy with the Paris Agreement could require 12.6 trillion cannot Plummeting costs and rapid innovation have posi- euros until 2030. A number of the Paris commit- advance tioned renewable energy solutions as an excellent without that ments focused on the electricity industry: accord- change of option,” said director-general Adnan Amin. One ing to the IEA, renewables are expected to cover course. of their goals is to double the share of renewables, almost 60% of the increase in electricity genera- particularly in sectors including heating, air condi- tion by 2040 and forecasts that most companies tioning, industry and transport. will be competitive and receive no funding. In fact, 2016 saw several landmark achievements. Between May 7 and 10, all of Portugal’s electricity FUTURE ENERGY demand was produced by hydroelectric energy and Running almost parallel to the Swiss forum, Abu wind power. The Netherlands is another leading

© NASA Dhabi hosted the 10th edition of the World Future example, as Dutch trains are 50% powered by wind

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32-37_ACCIONA_Marruecos2_ENG.indd 35 15/2/17 22:02 WORLD SUMMITS

JOSÉ MANUEL energy. Costa Rica went 76 straight days using ENTRECANALES clean sources to supply its fi ve million inhabitants, Chairman of ACCIONA. industries and businesses.

“We need to production with HELP THE VULNERABLE renewable, clean Progress in 2017 will be a direct consequence of the reconnect energy sources,” said introduction of the Paris Agreement in November with the Mr Entrecanales. New energy areas “do not 2016. A week later, on November 4, the Conference people, of the Parties to the Convention on Climate Change emit CO2 and implement to get the a model that is more (COP22) met at the Marrakesh Summit. In their cost-effective than final declaration, almost 200 signatory nations message those supplied by stated that the fight against global warming was across to traditional energies.” Mr Entrecanales “irreversible” and called for “strong solidarity with society” stressed the importance those countries most vulnerable to the impacts of of changing behavior climate change” as the best strategy to implement The Chairman of and setting appropriate Sustainable Development Goals. ACCIONA took part prices for coal that An estimated USD 100 billion budget will ensure in two events at the allow producers to that, after 2020, these countries can access clean Davos Forum: a round be profitable and table on the price implement climate energy, advance towards green economies and the of coal (alongside change agreements eradication of poverty, guarantee food safety and senior officials from signed in Paris. “The mitigate disasters including fl ooding caused by ris- LafargeHolcim, CNBC focus must be placed Africa, the British on R&D. In other Academy and Canada) circumstances, this and a meeting organized factor has received COP22 MADE by the New York Times. more help, even in the “The world is divided most basic research. PROGRESS ON THE into two parts: on the Now the capital must one hand, the part that be allocated to those needs new energy new ideas, applying IMPLEMENTATION and on the other, the them to this new reality part of the developed and getting the private OF THE PARIS economies, which need sector involved, instead to replace conventional of funneling millions into AGREEMENT, BUT AT A contaminating fossil new technologies, where fuel-based energy the risk is greater.” SLUGGISH PACE

ing sea levels, storms and drought. Th e signatories pledged the budget (additional to the Paris Agree- ment), and quantifi ed goals to organize allocations. Other specific advances include the establish- ment of a decision-making body that will meet annually to implement the Paris Agreement com- mitments. An agenda was also set out as a road map leading up to the 2018 COP to ensure the implementation of the Paris Agreement (outlin- ing nationally determined contributions, bringing more transparency to emissions, etc.). However,

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32-37_ACCIONA_Marruecos2_ENG.indd 36 15/2/17 22:02 COP22 proved that the progress and scope of these initiatives needs to pick up speed. Despite grow- ing support for renewables and carbonquotas , no major advances have been seen in terms of abol- ishing fossil fuel subsidies or progressively retiring coal-fi red power plants. There is no doubt that the fight against cli- mate change requires a common, crosscutting approach. In Marrakesh, the private sector was called on strengthen its strategy from now to 2020. Civil society, companies, universities and scientific institutions need to contribute their technical insight and vision in seven major are-

Water, as: land use, oceans and coastal areas, water, oceans and human settlements, transport, energy and coastal areas industry. In this sense, NAZCA is the benchmark were some of the platform to gather initiatives from the private priorities of sector and the civil society. COP22.

VÍDEO http://acciona.sa/Zb7A308iRkz

Senior Executive Director of Sustainability at ACCIONA. JUAN RAMÓN SILVA THE MEDIA: LINESMEN OR PLAYERS?

ithout the about the consequences of from identifying messages of how ordinary citizens mass global global warming in the shape critical for their future. should react to the report scope of of drought, fires, extreme From the many thousands by the Intergovernmental the press storms and increasingly of inputs we receive every Panel on Climate Change W and media, powerful hurricanes, as well day, it’s difficult to tell which (IPCC), the alarming content public opinion would not as articles on the changes ones are really urgent and of which, on the possible have enough information to that must be made to important. catastrophic consequences favour this or that measure economy and production The media are in this of global warming, has or use its preferences models if we are to reduce contradictory situation the backing of 97% of the to influence the political the main cause of this because of some practices scientific community. It is decisions required to tackle phenomenon, namely human basically only on the lookout of little use to society if major challenges like climate activity and our dependence for news headlines, which information is only given change and the world on the use of fossil fuels. give information only in that every five years, when a new shift towards a low carbon In his latest book, Homo type of format. edition is published. economy. Deus, historian Yoel Nuva But an issue like the fight So, in this great match Over the past four years, a Harari observes that, in a against climate change, with no referees, it is in our lot more information about data-saturated society which should be constantly interests to ask ourselves climate change has entered and bombarded with often addressed and carefully whether the media should the public domain. Both in contradictory signals, explained, cannot always be be getting more involved as the press and on television, individuals are drowning reduced to a news item. players instead of standing on

© Getty Images / Cordon Press / Cordon © Getty Images we regularly see news in noise preventing them One example is the question the sidelines like linesmen.

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32-37_ACCIONA_Marruecos2_ENG.indd 37 17/2/17 17:20 100% RENEWABLE ENERGY FOR GOOGLE CHILE

ELECTRICITY FOR GOOGLE’S FACILITY IN CHILE WILL COME FROM EL ROMERO SOLAR PHOTOVOLTAIC PLANT. OUR PARTNERSHIP DEMONSTRATES THAT DIGITAL ECONOMY GIANTS AND OTHER STRATEGIC SECTORS HAVE EMBRACED RENEWABLE ENERGY.

by José Arrieta

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38-41_ACCIONA_GoogleChile_ENG.indd 38 15/2/17 22:06 covered part of the tech giant’s electricity con- sumption in Chile. The agreement is framed within 2017 Google’s strategic goal to ensure all its facilities worldwide are powered by renew- HE ALLIANCE IS able energies. Th e contract will continue until 2030, with an option for an additional fi ve-year CULMINATION extension at the client’s discretion. ACCIONA will supply Google with up to 80 OF PROCESS MW/year of electric power through the Cen- tral Interconnected System (SIC), Chile’s main THAT BEGAN AT power grid, to which the photovoltaic plant and Google’s Quilicura Data Center are connected. PARIS CLIMATE “We are proud to supply renewable energy to such an important customer as Google, a com- CONFERENCE. pany firmly committed to renewables. And to do it from this plant, the biggest photovoltaic installation in Latin America and a benchmark within the sector,” commented ACCIONA Ener- gy Chile CEO José Ignacio Escobar. This agreement between ACCIONA and Goo- Florencia Bianco, Google Corporate Communi- gle was announced during the Paris Climate cations Manager for Latin America, pointed out Change Summit (December 2015). El Romero that “in 2017 Google will achieve the challenge TESolar photovoltaic plant started operating in of powering its global operations with 100% November 2016 and since 1 January 2017 has renewable energy. Th e agreement with ACCIONA

El Romero will supply energy to Google Chile until 2030 and the agreement can be extended at the client’s discretion.

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38-41_ACCIONA_GoogleChile_ENG.indd 39 15/2/17 22:06 Google’s new facility in Chile is the Company’s only data center in Latin America and will power the entire region.

is essential to achieving this objec- tive.” El Romero Solar plant, located in the Atacama Desert (in Vallenar, NEW BUSINESS LINE some 645 kilometers north of San- SELLING ENERGY TO LARGE GLOBAL CORPORATIONS. tiago), is a stunning facility in terms of both its size and characteristics. The supply to Google projects awarded oil and gas prices, outlines one of by public tender renewable energy can With a maximum capacity of 246 ACCIONA Energy’s or contract for the lock in prices in the MWp (196 MW rated power), the strategic business purchase and sale long term and provide panel structures consist of 776,000 lines: working with of energy, signed financial stability for major corporate primarily with purchasing companies. photovoltaic modules with a solar clients that wish to electricity companies. More than 80 capture area of more than 1.5 million reduce their carbon The new business line companies promote the RE100 (100% square meters (equivalent to 211 soc- footprint by using is gaining traction, 100% renewable however, favored by renewable energy) cer pitches). Placed in a straight line, energy. the falling price of initiative, including Google, Apple, the panel structures would measure The Company builds renewable energy: Facebook, HP, GM, approximately 196 kilometers. its business on photovoltaic energy BMW, Coca-Cola, renewable electricity has dropped 80% and El Romero will produce 493 GWh/ Unilever, Nestlé, IKEA, produced in own wind 50% since 2009. Wallmart, H&M, BT year, equivalent to the average elec- power plants and In view of volatile and Philips.

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38-41_ACCIONA_GoogleChile_ENG.indd 40 17/2/17 17:19 CLEAN ENERGY

tricity demand of 240,000 Chilean The building of the plant has ful- BIGGEST homes (approximately one million filled all the environmental com- people), and avoid the emission of mitments made to the Chilean BUYER around 475,000 metric tons of CO Administration. In terms of flora, 2 OF GREEN from coal-fired power stations. A initiatives involved rescuing and staggering amount equivalent to the relocating 12,000 shrub species to ENERGY work of 23.7 million trees through plant nurseries. For fauna, a guana- photosynthesis. co preservation plan was designed, Google is the Part of the production is already being including the study of populations world’s biggest injected into Google and, as of 1 Janu- and a five-year community envi- renewable electricity ary 2018, another tranche will power ronmental education program, buyer. Last distribution companies operating in alongside the rescue and relocation year, the tech giant signed the Central Interconnected System of three reptile species at risk. 20 agreements to purchase energy that could power its 60 offices and 13 data centers located around the world. In addition, THIS IS GOOGLE’S the contract signed with ACCIONA represents the first purchase of renewable FIRST RENEWABLE energy by Google in Latin America. ENERGY CONTRACT Consumption in data centers is growing exponentially. Florencia IN LATIN AMERICA Bianco, Google Corporate Communications Manager for Latin America, notes: “Currently, three billion people in the world connect to the Internet and (SIC), with which ACCIONA signed Construction works were also car- eventually another four billion consumers will surf energy contracts after being awarded ried out with the utmost respect for the Web. Therefore, we the supply in public tender 12/2014, the country’s archaeological heri- need to guarantee a solid called in December this year. tage after stone carvings were found energy supply to our data process centers, where we in one of the most important areas store users’ information.” RECORD TIME where the plant was being developed. The Chilean facility is Located in the area with the high- Archaeological tasks were performed Google’s only data center in Latin America, although est solar radiation in the world, the over the course of 100 days across all the company’s centers plant was built over a record-break- more than 50% of the surface area, are interconnected. ing 13-month period, two months without affecting estimated con- Google’s renewable transactions are motivated fewer than initially planned, with a struction deadlines. by both “environmental and total investment of USD 343 million. business considerations, An average 400 employees have taken since renewable energy is increasingly becoming part in a construction process based the lowest cost option. on innovative criteria and strategies, Businesses play a huge role contributing their know-how to the in transitioning towards a VÍDEO clean energy economy,” development of future plants. http://acciona.sa/zzK5308we8j said the company.

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38-41_ACCIONA_GoogleChile_ENG.indd 41 15/2/17 22:06 AND THERE WAS LIGHT (AT HOME)

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42-45_ACCIONA_Luz_Casa4_ENG.indd 42 15/2/17 22:10 CAJAMARCA, PERU. AT AN ALTITUDE OF MORE THAN 3,000 METERS. THOUSANDS OF FAMILIES USED CANDLES FOR LIGHTING UNTIL SOLAR PANELS ARRIVED. NOW LOCAL MICRO-ENTERPRISES HAVE TAKEN ANOTHER TECHNICAL, ECONOMIC AND SOCIAL LEAP FORWARD.

By Rosa Alvares / JP Zurdo

’M PLAYING HERE, I’M TURNING THE LIGHT BULB ON AND OFF...

Th e future looks brighter for the little boy saying this to his father. Even though he lives in Caja- marca, the place with the worst shortage of elec- Itrical power in Latin America’s second poorest country in terms of electricity supply. But his house, along with 4,000 others in the Cajamarca Th e electricity Region, all at an altitude of 3,000 meters, bucks system means the trend. They already have electricity, light- children can study ing and a feeling of progress thanks to Light at at night, eliminating the smoke from Home (“Luz en Casa”), an ACCIONA Microener- candles and gy Foundation program. lamps that can cause disease and Imagine having to travel over kilometers of high reducing fi re risk. mountain terrain just to charge your mobile once. Or being faced with a medical emergency and being constrained by the same obstacle. Or having to spend money your precarious fi nances really can’t aff ord on fuel, candles, batteries and

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42-45_ACCIONA_Luz_Casa4_ENG.indd 43 15/2/17 22:10 COOPERATION

es available are poor quality and very expensive. THE PROJECT The solution: training, coupled with entrepre- neurial spirit. Communities generate their own GENERATES NEW micro-enterprises to develop and diversify elec- tricity performance. ELECTRICITY SERVICES, The result was the Power Plants at Home pro- ject, involving the ICAI Engineers Foundation for MICRO-ENTERPRISES Development and the Technology Innovation for Human Development Centre at Madrid Polytechnic AND JOBS University. It’s also jointly fund ed by the Spanish International Development Cooperation Agency. The ACCIONA Microenergy Foundation had already trained some 40 users in the installation, operation and maintenance of photovoltaic sys- tems. Fifteen of them are now working continu- ously for the program. From this group, the most skilled are selected to set up micro-enterprises for selling and repairing new appliances that are compatible with the domestic system.

COMMUNICATION AND INFORMATION. Power Plants at Home contributes to develop- ing local markets. As well as the radios or mobile phones they couldn’t charge before, families suddenly have access to TVs, DVD players, tab- lets, better radios and torches, battery chargers, LED spotlights, domestic appliances and the like. so on. Your working day is confi ned to the hours Local Good quality, at aff ordable prices and effi cient in between sunrise and sunset. technicians terms of electricity consumption. In other words, (program But now, thanks to the sun, an 85-watt panel, users) trained they have access to communication, information, three 12-volt LED light bulbs, a plug, voltage reg- to install, unprecedented entertainment options and new ulator and sealed battery, all that has changed. operate and economic activities in these almost exclusively maintain the The program supplies dual sustainability: long- photovoltaic arable and livestock farming regions. term renewable energy that’s aff ordable for fam- systems are Th ere are already 12 Power Plants at Home, man- the ones ilies, who pay for their electricity supply in small aged on the micro-franchise model (the Founda- doing these monthly instalments (less than three euros). jobs. Th ey’re tion acts as franchisor) and spread over the entire also helped project area. Th ey don’t only provide a service to by ACCIONA POWER PLANTS AT HOME employees the community they’re based in, as in such scat- Having achieved the aim of lighting homes, the and volunteers tered villages it’s very important to take supply next phase has now begun. Th e Foundation looked from several to demand. Th is is why the project also trains and countries. at how to make electricity also serve as an eco- supplies resources to each entrepreneur so they can nomic driver, generating new jobs and broaden- sell in street markets (top photo on the next page). ing the range of services and devices other than Manuel and his father go to a plant in El Rejo de light bulbs. Th e context isn’t an easy one, as local Unanca: “My neighbors were very impatient to markets for these uses are scarce and few peo- see all the new things. It’s an opportunity for us to ple have technical skills. Th e electrical applianc- develop.” In the Vista Alegre region, for Gilmer it’s

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42-45_ACCIONA_Luz_Casa4_ENG.indd 44 15/2/17 22:10 ODIT VERE CAE TINC VES OR

been a chance for both family and personal growth: “Before I had this business, my income was very low. Now it has improved and I can use it for my children’s food and health.” In the town of Alto Yerba Buena–Namora, Segundo Aurelio and María Aurea’s family have bought a spotlight to replace the broken one in their home. “Here in the Plant they give us a guarantee on things we buy, back then we didn’t even get a receipt,” they say.

FAMILY BUSINESS Th e ACCIONA Microenergy Foundation believes the model has brought signifi cant benefi ts. It has even proved benefi cial for gender equality, as in several cases the business is run by the technician’s wife, with the franchise contract in her name, while he travels around doing repair and maintenance work in local facilities or sells in the market. Beyond local experience of the project, Light at Home has left an interesting impression on the discussion about development, green economy and the energy model. Isolated villages that have been left out of electricity supply plans for more THE MEXICAN SUN than a century, that never saw overhead wires, are suddenly plugged into the other extreme, a The ACCIONA Microenergy Foundation program also makes model of self-management and micro-enterprises the most of sunlight in the Mexican state of Oaxaca. Just like with aff ordable, non-polluting and an inexhaust- the Peruvian version, both the facility itself and the access and maintenance services are based on a social enterprise ible supply of electrical power. model. Since 2012, some 30,000 people have benefited from 7,500 third-generation photovoltaic systems. It also runs the VIDEO Power Plants at Home project. The first plant has been officially http://www.youtube.com/ opened and the goal is to set up many more across the region watch?v=aTYHiVnKGX0 where the program operates. @ACCIONA_ME

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42-45_ACCIONA_Luz_Casa4_ENG.indd 45 15/2/17 22:10 TRAINS THAT SHINE SO BRIGHT ACCIONA’S END-TO-END CLEANING SERVICE FOR RENFE GOES ABOVE AND BEYOND HYGIENE. IT’S ALL ABOUT SAFETY. CLOSE ATTENTION TO DETAIL PREVENTS ACCIDENTS AND BREAKDOWNS.

by Octavio Fraile

José González’s labor might not be heard, but it’s certainly seen. Every now and again, a passenger will look up and notice him way up high, cleaning the dome of Atocha Station in Madrid. If it wasn’t for him, dirt would block out the sunlight. José is just one in a pool of more than 2,000 ACCIO- NA employees who strive to keep rail operator Ren- fe’s trains, stations and offi ces clean and hygienic all over Spain. Th ere are over 1,800 railway stations in the country, some as iconic as Sants (Barcelona), Santa Justa (Seville) and Delicias (Zaragoza). ACCIONA Service took on this all-round job last year, marking a turning point for Renfe’s main- tenance, which used to be performed by several companies. “People aren’t aware of how much coordination work goes into running a tight ship (or train, in this case). Attitude is key. If we’re faced with an emergency, we have to respond in seconds, like fi refi ghters,” explains Ignacio Agua- Th e equipment is straight off a movie set: suction machines (“baby elephants” do, Manager of Renfe’s Madrid area operations. they call them in Seville), absorbent spill clean-up blankets that prevent chemical contamination, microfi ber mops, ultra-concentrated bactericide, Cleaning is its mission, but safety the ultimate goal. poles, adapted to each worker’s height, for cleaning the top part of the train Teams clear snow from platforms, switch signs, without touching the dangerous overhead power cable - the list goes on.

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46-47_ACCIONA_Trenes_ENG.indd 46 15/2/17 22:12 MAINTENANCE

prune branches, remove miscellaneous objects from the tracks, and even pull trains apart to clean them piece by piece. This extends the life of the trains, preventing breakdowns and avoiding accidents. “Safety has increased in leaps and bounds. The Cercanías (local trains) didn’t exist when I started working here. Th ey all ran on diesel. I’d gethome with dark circles under my eyes; not from lack of sleep but from the engine oil,” says Juan Francisco Osuna (61 years old, 37 years in the service). “Th at was life back then.”

FROM ZERO TO FAST Train cleaning services are broken down into well-defined categories. From Zero —tasked with dismantling the train once every one or two years— to Fast —which may be deployed several times a day. “Engine drivers tell us which actions are required when they complete the journey. Jobs go from fixing vandalized fire extinguishers to wiping down mosquito-splashed windows. Clean- ing operations have to run like clockwork, just like the trains,” explained one operator. Vandalized trains and graffi ti are pretty common- place. “Graffi ti has to be gone in under 24 hours. We use special products, but it’s a real pain all the same. I’ve seen trains sprayed from top to bot- tom,” Ignacio recalls. Other constant companions include chewing gum: “It always leaves something AROUND THE CLOCK behind, no matter how you try to remove it.” And, obviously, emergencies. Th e brigade employ- Th e Cerro Negro facility, a 15,500 ees are ACCCIONA’s go-to team for urgent matters; square-metre center located a always on call to fi x potential mishaps. Th is team stone’s throw from Atocha Station, is where cleaning and maintenance works in the manner of a multipurpose commando is performed on trains from all unit: cleaning, scrubbing, pruning, disinfecting, over Spain. Cerro Negro is a hive painting... sometimes in the most unlikely places of activity around the clock, but work really picks up at night when and in complex conditions: high windows, iced-up carriages line all 27 platforms. or fl ooded areas, dead spots in lifts. “It’s the hard- Most trains are cleaned by hand, est job around, and it takes a lot of sacrifice and but some go through the train dedication. Th at said, you learn more from it than washing machine: an impressive Verjillos, who manages the service. car wash-like machine measuring Yet workers don’t seem tired when anything,” says one of the brigade members. over 20 metres long that can clean they have completed their shifts. a whole convoy in one go. “Th ings “You’ve got to love this job. Many of get pretty hectic around here. We our employees are train enthusiasts. clean hundreds of trains every day, And so, the more you learn, the more often in record time,” explains Julio you enjoy it,” Julio added. www.acciona.com

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46-47_ACCIONA_Trenes_ENG.indd 47 15/2/17 22:12 SEA, AHOY ! FEW SHIPPING COMPANIES TURN ONE HUNDRED. TRASMEDITERRANEA JUST DID. THE COMPANY’S HISTORY HAS RUN PARALLEL TO SPAIN’S SOCIAL AND POLITICAL PROGRESS. FROM TRADE TO CULTURE AND THE VERY EXPERIENCE OF TRAVELING.

by Rosa Alvares

Joseph Conrad used to say that the sea has nev- pany, transporting passengers and freight between

er been friendly to man. At most it has been Th e adventure the Balearic and Canary Islands and the Peninsu- the accomplice of human restlessness. And of the la, as well as from the Peninsula to the territories this is even truer in a country that’s seafaring, journey is the Spain then had in Africa, from Morocco to the Gulf of adventure island-dwelling and peninsular. of a growing Guinea. In under a year, the conglomerate absorbed January 17, 1917. The date captains wrote in their business. other companies and became a benchmark for mar- logbooks as they set sail under the banner of a new Above, motor itime transport in the country. ship ‘Ernesto company. Fast forward a few months to when four Anastasio’ The circumstances were ripe for success and the shipping companies from Catalonia and Valen- loading at model took off; commercial aviation was yet to Puerto de cia (Sociedad Línea de Vapores Tintoré, Compañía become a rival, and the company cherry-picked the la Luz (Las Valenciana de Vapores Correo de África, Ferrer Pesset Palmas). Th e best-qualifi ed crew and boasted ships equipped with Hermanos and Navegación e Industria) joined forces precedent to cutting-edge naval technology. A few years in, Tras- modern super to establish a holding company. A bold move for the freighters like mediterranea decided to renovate its fl eet, replacing early 20th century that gave way to a global com- ‘Entrecanales’. old steamboats with motor ships. This philosophy

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48-49_ACCIONA_Transme3_ENG.indd 48 15/2/17 22:13 still stands today. In the 1960s, the expansion of the fl eet brought in a range of modern ferries, equipped with ramps, capacity for vehicles and luxury cab- ins. In the 1970s, as Spain entered its transition to democracy, the Company renovated the fl eet again and assigned each line the most suitable ship. During the following decade, Trasmediterranea spearheaded high-speed maritime transport and introduced the innovative jetfoil model, a waterjet that redefined traveling to the capitals of the Canary Islands and preceded contemporary high performance mono- hull ships and super ferries.

FLAGSHIPS Merchant marines, navies and naval academies have fl agships. So does this Company. Th e histo- ry of these ships often merges with the develop- ment of the territories they connect, such as the Domine, which covered the Equatorial Guinea line from the 1930s until the country’s independence. Its cabins accommodated the main figures that took part in political intrigues, fi nancial invest- ments and multicultural adventures between the ONE HUNDRED YEARS FROM PORT TO PORT metropolis and the former colony. It acted as a meeting point even when moored. Th e traveling exhibition Trasmediterranea’s Century (which launched from Madrid and Barcelona) will call at all the ports Or the motor ship Plus Ultra, the last vessel to sail serviced by the shipping company, including the Elder Science away from the Sahara when it gained independ- and Technology Museum (Las Palmas de Gran Canaria). Th e ence from Spain. Or the Ciudad de Cadiz, which in concept and format of the audiovisual exhibition has been 1933 cruised to Carthage, Egypt, Crete and Pom- designed to surprise viewers: housed within an aluminum-plated cube is a collection of navigation instruments, log books, ship peii, cradles of European civilization, transporting wheels, detailed ship models, silverware, dinner services and students, university professors and intellectuals furniture that recreate part of the intimate on-board experience. (image above), including Salvador Espriu, Isabel Further information: www.centenariotrasmediterranea.es García Lorca, Gregorio Marañón and Chueca Goitia. Th at culturally enlightening cruise inspired Miguel de la Cuadra Salcedo to set off on the Ruta Quetzal aboard his legendary J.J. Sister: the Aula Navegante de Estudios Iberoamericanos, which completed fi ve transatlantic voyages for the Fifth Centenary. Those ships were not merely means of transport; they embodied the personal history of the passen- gers. And of the freight, the post, the search for pos- sibilities and knowledge. “No man was ever alone at sea,” said Ernest Hemmingway. Amen.

VIDEO © Fedec / Autoridad Portuaria / © Residencia de Estudiantes de Estudiantes / © Residencia Portuaria / Autoridad © Fedec http://acciona.sa/Pu1D308iRqd

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48-49_ACCIONA_Transme3_ENG.indd 49 21/2/17 13:40 GASTRONOMY

CUISINE THAT’S CREATIVE, SUSTAINABLE... AND CARING THE BODEGAS PALACIO 1894 GROUP COLLABORATES WITH THE GASTRONOMIX PROJECT, PROVIDING INNOVATIVE EDUCATION FOR YOUNGSTERS FROM VULNERABLE BACKGROUNDS. by Patricia Alcorta

Like a good recipe, Gastronomix sets started by the La Casa Foundation ue, the Escuela-Cantina Gastronomix. out to find an effective combination and El Mundo, but immediately joined And it’s sustainable cuisine: working of ingredients. by allies such as Fabián León (fi nalist with eco-friendly artisan companies It’s a social initiative: providing free in the fi rst series of Masterchef), the like Ecosecha, Tu pesca día a día and training for 50 youngsters who are Tomillo Foundation (which works with Grupo Norteños. unemployed or from vulnerable youngsters at risk), the Ebro Founda- And with top quality suppliers, for ex- backgrounds. tion (sustainability through education) ample Glorioso and Viña Mayor wines It’s an inclusive project: headed by and the JP Morgan Chase program from the Bodegas Palacio 1894 Group, chef Carlos Sancanuto, with backing against youth unemployment. featured in wine tasting and pairing from the Basque Culinary Center and It delivers innovative education: courses, whose menus can be savored the Escuela Superior de Hostelería providing motivating encounters with in La Cantina restaurant. y Turismo based in Casa de Cam- artists and famous professionals; Out of last year’s students, 92% po, Madrid. Classes are taught here emotional, creativity and entrepre- have completed placements, 23% are every Saturday from October to May. neurship education techniques; art already in work and 8% are continuing

© Rafael Muñoz / imagenenaccion.org © Rafael A collective intelligence experience: and cultural expression at its own ven- their studies at a higher level.

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50_ACCIONA_Gastronomix3_ENG.indd 50 15/2/17 22:14 ACCIONA VIÑA MAYOR ENG IMPAR.ai 1 16/02/17 11:53

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