Telvent to Provide Consulting Services to Endesa to Support Its Technology Observatory

Telvent Will Provide Strategic Direction to Endesa in the Renewable Energy, Energy Efficiency and Electric Sectors


ROCKVILLE, MD--(Marketwire - April 27, 2010) -  Telvent (NASDAQ: TLVT), the IT company for a sustainable and secure world, announced today that it has been chosen by Endesa to provide consulting services to support its Technology Observatory.

Telvent will work with Endesa to develop a series of strategic reports on key subject areas for the company related to its technology and innovation in the energy sector, such as renewable energy, carbon capture and storage technologies, intelligent networks, energy efficiency and electric vehicles.

Endesa is partnering with Telvent on this project because of its profound knowledge in the electricity sector and related technologies as well as the company's ability to identify and detect trends in related business models. 

According to Manuel Sánchez Ortega, Chairman and CEO of Telvent, "We are proud to participate in projects that not only propose viable solutions for our clients like Endesa, but also promote innovation and business development."

The partnership with Endesa reinforces Telvent's position as a leader in the energy sector. The company offers solutions across the entire value chain, from the installation of equipment to strategic consultancy projects focused on market trends.

About Telvent

Telvent (NASDAQ: TLVT) is the global IT business solutions and services company that contributes to improving the world leading companies' efficiency and security. Telvent is aimed at those markets that are critical for global sustainability, highlighting energy, transport, agriculture and environment. (www.telvent.com).

About Endesa

It is currently the main electricity company in Spain and the leading private electricity company in Latin America. It is also an important electricity operator in Mediterranean Europe. ENDESA also has a growing presence in the Latin American natural gas market.
(www.endesa.es)

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