Aix-en-Provence (France), November 24, 2015. Global EcoPower (Alternext - FR0011289198 - ALGEP) is delighted to have received the "Champion of Growth" award in the category of companies having achieved a turnover of between € 5 million and € 50 million, awarded by CroissancePlus and PME Finance on the occasion of the 2015 edition of the FUTUR40 ranking.
CroissancePlus and PME Finance organize the FUTUR40, an event which honors the champions of growth. The 2015 edition of FUTUR40 has rewarded and highlighted the 40 SME-ETI listed on the Paris Stock Exchange (Euronext Paris), eligible for PEA-PME, which have had the highest growth in turnover during the last three fiscal years whilst remaining profitable. The FINANCIAL analysis data were provided by Morningstar® Data Provider.
Over the period considered (2012-2014), GEP almost tripled its turnover (€ 5.6 million to € 15.9 million), ranking the company at the first place in the category Small & Midcaps eligible for PEA- PME (40 values).
Jean-Marie Santander, President and CEO of the GEP Group:
"This award is a true recognition for the GEP teams who have managed, within a few years, to build a French independent player with a unique model, dedicated to the construction of power plants using wind and solar energy.
This strong growth will continue and even accelerate under the effect of the evolution of our model, now aiming to acquire the SPVs and carry the financing of the power plants until their grid connection before selling them, and the recent merger with the Senergies Group which will allow us to industrialize our development and move towards a more integrated model.
By 2017, we thus aim to achieve a turnover of € 120 million and an EBITDA of € 32 million."
Global EcoPower is an Aix-en-Provence based company and a “turnkey” constructor of power plants using renewable energies, wind and solar power. GEP is listed on the Alternext Paris Market of Euronext (ISIN code: FR0011289198 - mnemo: ALGEP). GEP is eligible for PEA-PME.
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