SPG

SPG Water Projects SPG Water Projects Development Development

Reference Projects2009

SPG

COMPANY PROFILE

• Founded by M. Halim ANIŞOĞLU in 2006.• Capital 1.000.000 YTL• Paid Up capital 668.000 YTL• Management

– M. Halim ANIŞOĞLU CEO

– David RISBEY CFO

- Izzet BILGIN Vice Pres.

- Ayşe ANIŞOĞLU Vice Pres.

SPG

Field of OperationA) Water Management Projects of Concession /PPP/BOT

models

– Development of Technical Solutions

– Tendering and Bid Management

– Negotiations Management

– Contract Management with respect to Legal Issues

– Financial Solutions

– JV and Partnerships

– Feasibility Studies

– Investment and Partnership

SPG

Field of Operation

B) EPC Contracting

WTP &WWTP

Sludge Drying Technologies

Membrane Plants

Supply Lines & Pumping Stations & Network

SPG

Field of Operation

C) Management Services and O&M

Facility Management

Network Rehabilitation O & M Services In Lining, trenchless pipe laying,CCTV applications

Customer Relations and Management

SPG

Aguas de Barcelona: parent company of the Agbar Group

1867: Constitution Compagnie des Eaux de Barcelone

2007: 140 years of experience and innovation

BUSINESS PARTNERS

SPG

DIMENSIONS

Agbar Group:

• 160 companies• 13,100 employees• 22 million customers served• In 8 countries active

BUSINESS PARTNERS

SPG

Agbar Group 2006

Total Revenues From Operations €3,122 M

Total Profit from Operations €372 M

Net Profit €167 M

Investments €910 M

Market Value €4,162 M

AGBAR Financial Parameters

SPG

WATER SUPPLY

Spain International TOTAL

50

10.3

41

1,131

12.3

209

MUNICIPALITIES

Customers Served in mill.

Treatment Plants Operated

1,181

22.6

250

SPG

WASTEWATER

355 34 389

Customers Served in mill. 6.2 8.9 15.1

Sewerage Network Ope. 17,800 13,400 31,200

(km)

Spain International Total

MUNICIPALITIES

SPG

REVERSE OSMOSIS PLANT BARCELONA, Spain

SPG

SPG Water Projects SPG Water Projects Development Development

Reference Projects2009

SPG

TRNC Nicosia Water Distribution Sewerage TRNC Nicosia Water Distribution Sewerage Removal Services PPP ModelRemoval Services PPP Model

• BAŞKENTSU LTD is formed MŞ-13140– Mobilization has started.– 6 years 42 Milyon € network renewal– 200 km water distribution network renewal– 80 km sewege network renewal– 9,5 km collector– 25 km supply main – Customer Services ( 24.000 connections)– Water Sales 2.000.000 m3/year– UFW %50

Economic Model Contract

SPG

KKTC Nicosia Water Distribution Sewerage KKTC Nicosia Water Distribution Sewerage Removal Services PPP ModelRemoval Services PPP Model

• 600 m€ turnover over 600 m€ turnover over 30 years30 years

• Staff 60 personsStaff 60 persons

• Contract Duration Contract Duration unlimited // PPP Modelunlimited // PPP Model

• Physical Leakage will Physical Leakage will be reduced in 7 years be reduced in 7 years down to 15 %down to 15 %

SPG

DAÜ (*) ve Farmagusta Municipality BOT 4000 DAÜ (*) ve Farmagusta Municipality BOT 4000 m3/day RO Plant Costruction& Operationm3/day RO Plant Costruction& Operation

• 15 year B.O.T Model15 year B.O.T Model• Tendered :10.09.2007 Tendered :10.09.2007 • Contract : 09.05.2008Contract : 09.05.2008• Investment :3.0M$Investment :3.0M$• Bidding Unit Price : 0,79$/m3Bidding Unit Price : 0,79$/m3• 4000 m3/d.4000 m3/d.• In Operation 15.02.2009

Press

SPG

FAMAGUSTA RO PLANT

SPG

Project Descriptions-Almaty

SPG

• Project Description :Project Description :

• Cooperation Model:Cooperation Model:

• Turn over of Vodokanal: Turn over of Vodokanal:

• Tariffs :Tariffs :

• Project Turnover : Project Turnover :

• Initial InvestmentInitial Investment : :

• Leveraged FinancingLeveraged Financing

• GuaranteeGuarantee

Concession of the Water Management Systems of the Almaty City run by the Vodokanal Water Authority.Serving 1,3 mil. People and industrial demands.

Concession and 30-35 years operation &investment by the Private operator.

Est. 23 mln.$ for 2006

To be increased approx. 30% in the second year of the operation.

1,6 Bln USD with the current exchange rate.

40 mln $ during the first 2 years.

The required financing is around only 30 mln $4, 5 mln $ assumed 15%

Back to Back against revenues from collection from the end user.

SPG

• EquityEquity

• IRR IRR

• Total ProfitTotal Profit

• Total Investment Total Investment

• Project StatusProject Status

• Expectations From New Expectations From New Partner into JVPartner into JV

Estimated figure for 100% shareholding is 4-5 M$.Either recourse to equity financing or own capital

Over 30 % and gradually hiking upto 45%

App. 300 mln$

Approx. 450 mln $

MOU signed with the Local Government. A pre contract (stronger MOU) is underway ( Parties has signed. The Governor will seal it.)Concession Law is ratified at the Parliament. DD is needed for final and firm proposal. SPG is already a << Preferred Bidder. >>

* Equity Participation upto 40%* Participation to DD costs of 350 k$ prorata its share holding.* Project incurred costs until now 350 k$

SPG

First MOU signed by the Governor

SPG

SPG Water Projects SPG Water Projects Development Development

HA References- Construction2009

SPG

References• Atatürk Industrial Wastewater Treatment Plant - 1991

– 20.000 m3/d (First Industrial Zone IWWTP in Turkey)

– Krüger Türkey• Process and Engineering as GM

– Equipment Manufacturing H&B• Design and Construction / Company owner

SPG

References

• İzmir Menemen Leather Industrailists’ IWWTP – 1994– 9.000 m3/day – (Extended Capacity 18.000 m3/day)

– 6.000 mg/lt COD – 250.000 PE

– Krüger Turkey• Sales-Proses Engineering Contract Management – General Manager

SPG

References

• Izmir Wastewater Treatment Plant – 1997– 605.000 m3/day

– 4.000.000 PE

– TEKSER Construction Company

• Tender Management

• Process

• Engineering

• Contract Negotiations

• JV Management

• Supply and Erection Technical Coordination

SPG

SPG Water Projects SPG Water Projects Development Development

HA References- Water Management2008

SPG

References• Çeşme – Alaçatı Water

Union (Alçesu) – 2003– Contract Duration 10

years

– Veolia Water Country Manager

• Contract Management

• Tender Management

• Relations with the Municipality

• Relations with the WorldBank

• Technical Support

–In Turkey First “ Affermage” Type of Contract.

SPG

• Güllük-Bodrum Concession Project

• Bidding in 2005 • Works Commenced in 2006• First application according to law 5393 35 km isale hattı ve Atksu •35 km pipe line,distribution, • 30 M€ project value

References - Halim Anışoğlu

TASK Tepe Akfen Su General manger /Founding Partner

SPG

• ISKI (Istanbul Water & Sewege Authority) European Side Collector Tuneel rehabilitation and O&M -TASK General Manager

Project Parameters:Duration = 3 yearsContract Size = 10.400.000 YTL

References - Halim Anışoğlu

SPG

• Çorlu Concession ProjectÇorlu Concession Project

PROJECT PARAMETERS

• Total Revenues: 1,4 Bilion €/35 years

• CAPEX : 150 million € /35 years

• First Inv.Program : 56 M€/5 years

• Concept Design and Bidding Coordination

• New Water Source Determination

• Production Strategy

• Environmental Solutions

• Contract Jurisdiction

• Technological Solutions

•.

• TASK GM/Shareholder

References - Halim Anışoğlu