Capital at risk
Marketing material
Luis: ACCIONA is leveraging technology
on water treatment and distribution
around the world, taking water from
the sea and converting it into clean
water.
Luis: It's sweet. It's good. Yeah.
It's good.
Luis: Today we're at their innovation
centre here in Barcelona, to see how
all this process works.
OOO Intro
Luis: So, Jorge this is amazing. Where
are we? What is this?
Jorge: We are in the water innovation
technology centre of ACCIONA. In
particular, this is our research and
development labs. We are developing
new projects on desalination, seawater
desalination.
Luis: And what is exactly,
desalination?
Jorge: The concept is very simple. We
take the salts from the seawater. The
process we use is reverse osmosis
desalination.
Text: ACCIONA has built more than 450
drinking water treatment plants which
supply water to more than 100 million
people. Source: ACCIONA, 2025
Luis: So Jorge, we are in a pilot
plant. What are we seeing here? What
is this?
Jorge: So, this is the core of the
reverse osmosis technology, which is
the spiral wound element. And inside
we have the membrane, reverse osmosis
membrane. So the water, the seawater
comes this direction which pump it
this direction.
Luis: Right, so the salt goes out that
way, right? We have that the clean
water on the other.
Jorge: Yes.
Text: Each of ACCIONA’s desalination
plants uses tens of thousands of
reverse osmosis membranes to produce
clean drinking water. Source: ACCIONA,
2025
Jorge: So the last stage is to close
the tube. And, finally, we take this
seawater from one of the yellow tanks.
It goes into the pressure vessel, and
in the back we collect the brine or
the concentrate, and in front of the
central tube, we collect the permeate.
The drinking water.
Luis: The clean water.
Jorge: Yeah.
Luis: So Jorge, how much does one of
these actually will produce of clean
water?
Jorge: This element produces, more or
less, 2,000 litres per hour. But in a
big plant we can produce water for
500,000 people or 1 million people.
Luis: Wow.
Jorge: You want to try this water?
Luis: Absolutely. I'd love to.
Actually, I'm thirsty after seeing all
the process.
Jorge: So this is the end of the
process – clean water.
Luis: Jorge, what’s the vision for the
future of ACCIONA?
Jorge: The vision is very simple. To
provide clean water to the people of
the world.
Luis: It's an amazing one.
Luis: Cheers!
:30 Seconds
** ALL EMEA videos will have at
start of video:
Capital at risk
Marketing material
Luis: ACCIONA is leveraging technology
on water treatment and distribution
around the world.
Text: ACCIONA has built more than 100
desalination plants which produce
clean drinking water for 35 million
people. Source: ACCIONA 2025
Luis: How much does one of these
produce of clean water?
Louis::This element produces 2,000
litres per hour. In a big plant, we
can produce water for 500,000 or 1
million people.
:15 Second
** ALL EMEA videos will have at
start of video:
Capital at risk
Marketing material
Text: We are investing our clients’
money in companies like ACCIONA, as
they develop innovative processes to
produce clean drinking water for 35
million people.
This document is marketing material:
Before investing please read the
Prospectus and the KIID available on
www.blackrock.com/it, which contain a
summary of investors’
rights. Capital at Risk.
Risk Warnings
Capital at risk. The
value of investments and the income
from them can fall as well as rise and
are not guaranteed. Investors may not
get back the amount originally
invested.
Past performance is not a reliable
indicator of current or future results
and should not be the sole factor of
consideration when selecting a product
or strategy.
Changes in the rates of exchange
between currencies may cause the value
of investments to diminish or
increase. Fluctuation may be
particularly marked in the case of a
higher volatility fund and the value
of an investment may fall suddenly and
substantially. Levels and basis of
taxation may change from time to time.
This material is intended for
information purposes only, and does
not constitute investment advice, a
recommendation or an offer or
solicitation to purchase or sell any
securities, funds or strategies to any
person in any jurisdiction in which an
offer, solicitation, purchase or sale
would be unlawful under the securities
laws of such jurisdiction. The
opinions expressed are as of January
2025 and are subject to change without
notice. Reliance upon information in
this material is at the sole
discretion of the reader. Investing
involves risks. BlackRock does and may
seek to do business with companies
covered in this video content. As a
result, viewers should be aware that
the firm may have a conflict of interest
that could affect the objectivity of
this video.
In the U.S. and Canada, this material is intended for
public distribution.
In the UK and Non-European Economic
Area (EEA) countries: this is issued by BlackRock
Investment Management (UK) Limited,
authorised and regulated by the
Financial Conduct Authority.
Registered office: 12 Throgmorton
Avenue, London, EC2N 2DL. Tel: + 44
(0)20 7743 3000. Registered in England
and Wales No. 02020394. For your
protection telephone calls are usually
recorded. Please refer to the
Financial Conduct Authority website
for a list of authorised activities
conducted by BlackRock.
In the European Economic Area
(EEA): this is issued by BlackRock
(Netherlands) B.V. is authorised and
regulated by the Netherlands Authority
for the Financial Markets. Registered
office Amstelplein 1, 1096 HA,
Amsterdam, Tel: 020 – 549 5200, Tel:
31-20-549-5200. Trade Register No.
17068311 For your protection telephone
calls are usually recorded.
In Italy, For
information on investor rights and how
to raise complaints please go to
https://www.blackrock.com/corporate/compliance/investor-right
available in Italian.
In Switzerland: This
document is marketing material.
For investors in South
Africa: Please be advised that BlackRock
Investment Management (UK) Limited is
an authorized financial services
provider with the South African
Financial Services Board, FSP No.
43288.
In Latin America:
this material is for educational
purposes only and does not constitute
investment advice nor an offer or
solicitation to sell or a solicitation
of an offer to buy any shares of any
Fund (nor shall any such shares be
offered or sold to any person) in any
jurisdiction in which an offer,
solicitation, purchase or sale would
be unlawful under the securities law
of that jurisdiction. If any funds are
mentioned or inferred to in this
material, it is possible that some or
all of the funds may not have been
registered with the securities
regulator of Argentina, Brazil, Chile,
Colombia, Mexico, Panama, Peru,
Uruguay or any other securities
regulator in any Latin American
country and thus might not be publicly
offered within any such country. The
securities regulators of such
countries have not confirmed the
accuracy of any information contained
herein. The provision of investment
management and investment advisory
services is a regulated activity in
Mexico thus is subject to strict
rules. For more information on the
Investment Advisory Services offered
by BlackRock Mexico please refer to
the Investment Services Guide
available at
www.blackrock.com/mx
In Singapore, this is
issued by BlackRock (Singapore)
Limited (Co. registration no.
200010143N). This advertisement or
publication has not been reviewed by
the Monetary Authority of
Singapore.
In Hong Kong, this
material is issued by BlackRock Asset
Management North Asia Limited and has
not been reviewed by the Securities
and Futures Commission of Hong
Kong
In Australia, issued
by BlackRock Investment Management
(Australia) Limited ABN 13 006 165
975, AFSL 230 523 (BIMAL). This
material provides general information
only and does not take into account
your individual objectives, financial
situation, needs or circumstances.
Refer to BIMAL’s Financial Services
Guide on its website for more
information. Before making any
investment decision, you should assess
whether the material is appropriate
for you and obtain financial advice
tailored to you having regard to your
individual objectives, financial
situation, needs and
circumstances.
Any research in this document has been
procured and may have been acted on by
BlackRock for its own purpose. The
results of such research are being
made available only incidentally. The
views expressed do not constitute
investment or any other advice and are
subject to change. They do not
necessarily reflect the views of any
company in the BlackRock Group or any
part thereof and no assurances are
made as to their accuracy.
This document is for information
purposes only and does not constitute
an offer or invitation to anyone to
invest in any BlackRock funds and has
not been prepared in connection with
any such offer.
© 2025 BlackRock, Inc. All Rights
Reserved. BLACKROCK is a registered
trademark of BlackRock, Inc. or its
subsidiaries in the United States
and elsewhere. All other trademarks
are those of their respective
owners