GLOBAL ECOPOWER (EPA:ALGEP) GEP : awarded several labels: - “Innovative Enterprise” status, by Bpifrance - “ISO 9001” and “ISO 14001” certification

Transparency directive : regulatory news

03/02/2020 18:32

PRESS RELEASE

                      Meyreuil (France), 3 February 2020

                    Global EcoPower awarded several labels:

               - "Innovative Enterprise" status, by Bpifrance

                - "ISO 9001" and "ISO 14001" certification

Global EcoPower (FR0011289198 - ALGEP) is pleased to announce that Bpifrance
has renewed its "Innovative Enterprise" label. This status allows FCPI (mutual
funds investing in innovative companies) to invest in the company's capital and
their subscribers to gain from the associated tax benefits.

In order to obtain this label, GEP demonstrated the innovative nature of the
procedures and techniques it created and its recognised economic growth
prospects.

Note that FCPI are designed to spur venture capital investment in innovative
SMEs. They are obliged to inject at least 70% of their capital into innovative
SMEs that satisfy specific eligibility requirements, such as GEP.

In addition, GEP obtained ISO 9001:2015 certification, which testifies to the
company's commitment to continuously improve its processes and services to
ensure customer satisfaction. The label, which is awarded by AFNOR, guarantees
the rigorous, high-performing nature of the organisation system and processes
implemented by the Group.

Finally, GEP also obtained ISO 14001:2015 certification for its commitment to
environmentally responsible management, notably for practices aimed at lowering
its consumption of energy and its greenhouse gas emissions across the entire
value chain. Indeed, GEP is working to speed up the ecological transition to a
sustainable energy system, by developing fully autonomous, large-scale
industrial complexes that are 100% powered by renewable energy.

Global EcoPower CEO, Jean-Marie Santander, says: "We are delighted to have
received Bpifrance's award, which not only provides real recognition for our
efforts in research and innovation but also an opportunity to heighten our
visibility among new investors. Obtaining the latest version of 9001
certification is extremely important as it enables us to consolidate and
continuously improve our management practices to match the highest levels of
performance and quality demanded by our clients, while the ISO 14001 standard
reflects our efforts to firmly control the environmental impact of our
business".

About Global EcoPower:

GEP is a key player in the green industry, with two business lines:
* Its historical business is the construction of renewable power plants using
  wind, photovoltaics and biomass as energy sources. GEP has a presence across
  the value chain, from construction to power plant operations. So far, it has
  built and brought into service more than 10 power plants, representing over
  150MW in installed power capacity;

* A new higher value-added activity building and developing Green Energy
  Business complexes, including an eco-business consuming high amounts of
  energy.

GEP is currently in the process of building France's first "algo-solar" complex
in Payra-sur-L'Hers (southern France), combining green energy and spirulina
production. This complex not only enables the production site to be fully
autonomous in terms of its energy needs; it can also produce a surplus of
power, which will have a significant positive impact on operating
profitability.

In 2018, GEP generated EUR24.6m in revenue, operating income of EUR4.8m and a
net profit of EUR2.7m.
GEP is listed on the Euronext growth stock exchange in Paris (ISIN code:
FR0011289198 - Ticker: ALGEP). The company is eligible for the SME Equity
Savings Plan (PEA-PME).

GLOBAL ECOPOWER                   ACTIFIN
Philippe Perret                   Julien Mouret
Deputy Chief Executive Officer    Financial Communication
contact@global-ecopower.com       adoucoure@actifin.fr
+ 33 1 56 88 11 14                + 33 1 56 88 11 23

ACTIFIN
Aminata Doucouré
Press Relations
jmouret@actifin.fr
+ 33 4 42 24 50 16

GLOBAL ECOPOWER's latest news

07/07/2020 19:17

GLOBAL ECOPOWER (EPA:ALGEP) GEP : awarded several labels: - “Innovative Enterprise” status, by Bpifrance - “ISO 9001” and “ISO 14001” certification

Transparency directive : regulatory news

GLOBAL ECOPOWER's latest news

Other stories