“Some of the world’s largest infrastructure project companies, such as Abengoa, are Spanish. They are very active in all of Latin America, and this presents a tremendous opportunity for Israeli water technology companies,” says Ami Levin, Israel’s Economic Attaché in Madrid.
Levin and his team in Spain, together with Israel NewTech and the Israel Export Institute, organized a delegation of 11 Israeli water technology companies which just returned from Spain. The visit focused on introducing them to the large Spanish infrastructure companies, who are on the lookout for water technologies such as filtering, purification and others, that Israeli companies are well-positioned to provide.
One of the delegation’s main objectives was to “get in the door” at Abengoa, a huge multinational corporation with over 26,000 employees in 80 countries. Abengoa is active in various cleantech sectors, including renewable energy, biofuel and desalination. The Israeli delegation spent a day in Abengoa’s headquarters in Seville, where each of the companies presented and a “speed dating” style networking event took place.
“The reactions at Abengoa were excellent,” Ami Levin tells us. “Ronen Redel, Abengoa’s Director of Business Development told me that the team there was impressed by the level of the presentations and the meetings, and believes they can incorporate the Israeli technologies in future projects.”
The delegation then continued on to Madrid for a day of meetings with the Inter-American Development Bank (IDB) and with leading Spanish infrastructure and energy companies including Agbar, FCC, Acciona, Gas Natural and Repsol.
“The international Oil & Gas sector is a huge market for Israeli water technology companies,” says Adi Yefet, head of the water sector at Israel NewTech. “They need a variety of water technologies – from filtering, purification, reclamation and more – on a large scale for their activities. We have done a lot to open doors for Israeli companies in this sector. The participation in this event in Spain of companies such as Repsol and Gas Natural is additional proof of the growing interest and connection with the Israeli water arena on the part of the Oil & Gas industry.”
“We were very pleased with the attendance at this delegation,” concludes Ami Levin. “The Israeli participants were impressed with the level of representatives from the Spanish companies – many of whom were at the CTO level – and came away with promising leads. We look forward to seeing them develop into business soon, and we at the Economic Office in Madrid will continue to work together with Israel NewTech to create more opportunities for Israeli water companies in this key market.”