GLOBAL ECO POWER (ex Energeo) : GLOBAL ECOPOWER: a new player with experience in the generation of green electricity
Founded by Jean Marie Santander (CEO), Philippe Perret (CFO) and Jean Paul Ingrassia (Director of Business Development), who are former founders and senior executives of Theolia, GLOBAL ECOPOWER builds electricity generation facilities harnessing renewable energies. Since it aims to retain ownership of half of the plants it builds for its own account and to sell the other half to third-party investors, GLOBAL ECOPOWER will also be an electricity producer.
A seasoned team of operators that is almost unique in the sector...
Several international experts in the field have joined the original team, and now over 25 people are working hard to ensure the success of the new Group, which will concentrate on large-scale developments.
...that has opted for an energy mix focused on renewable energies
In the solar segment, GLOBAL ECOPOWER plans to operate 360 MW in capacity by year-end 2012. The Group will be active primarily in France, Italy, Spain and in the MENA (Middle East and North Africa) region, where it will work on roof arrays and ground-based photovoltaic facilities.
In wind energy, GLOBAL ECOPOWER has already secured all the requisite permits to build and operate two 400 MW and 800 MW wind farms in China by 2013, and it plans to retain 600 MW in capacity and sell the other half, in line with its development strategy. By comparison, the largest onshore wind farm in service to date has 399 MW in installed capacity.
In the hydro segment, GLOBAL ECOPOWER is currently negotiating several deals in Eastern Europe. The first agreements are due to be sealed during the first half of 2009.
In biomass segment, GLOBAL ECOPOWER will concentrate its activity on the construction of cogeneration plants, using as raw materials oils and "cakes" from Jatropha and "cakes" from Castor.
About GLOBAL ECOPOWER
GLOBAL ECOPOWER, a subsidiary of the ATHANOR Equities Sicar group, which builds power plants and generates green electricity from a mix of renewable energies, is listed on the Marché Libre of NYSE Euronext Paris under ISIN code FR0010519082.
GLOBAL ECOPOWER, 75 rue Denis Papin 13857 Aix en Provence Cedex 3
For further information: firstname.lastname@example.org
Web site: www.global-ecopower.com
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