PARIS & MILAN--(BUSINESS WIRE)--Regulatory News:
The Board of Directors of Electro Power Systems S.A. (Paris:EPS) (“EPS”),
technology pioneer in energy storage systems and microgrids listed on
the French-regulated market Euronext Paris (EPS:FP), met on 28 February
2017, under the chairmanship of Massimo Prelz Oltramonti and in the
presence of the Statutory Auditors, has coopted Michela Costa as member
of the Board of Directors of EPS.
Michela Costa, PhD and qualified lawyer, was a senior associate at
Clifford Chance and then General Counsel at British Petroleum and
Sorgenia for 10 years. She has been appointed EPS Group Executive Vice
President of Operations and will coordinate the Group’s HR, Legal and
Corporate Affairs, Safety and Communications departments.
The full resumé of Michela Costa is available on the EPS website
section “About Us – Our Team”.
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EPS in a nutshell
EPS operates in the sustainable energy sector, specializing in
hybrid-storage solutions and micro-grids that enable intermittent
renewable sources to be transformed into a stable power source.
Listed on the French-regulated market Euronext, EPS is part of the CAC®
Mid & Small and the CAC® All-Tradable indices and has registered office
in Paris and research, development and manufacturing in Italy.
Thanks to technology covered by 125 patents and applications, combined
with more than 10 years of R&D, the Group has developed hybrid energy
storage solutions to stabilize electrical grids heavily penetrated by
renewable sources in developed countries and, in emerging economies, to
power off-grid areas at a lower cost than fossil fuels without the need
for any subsidy or incentive scheme.
EPS has installed and has under commissioning in aggregate 36 large
scale projects, including off-grid hybrid systems powered by renewables
and energy storage totalizing over 35 MW of installed power that
provides energy to over 165,000 customers every day, in addition to more
than 18 MW of grid support systems, for a total capacity output of 47
MWh of systems in 21 countries worldwide, including Europe, Latin
America, Asia and Africa.
For more information, visit www.electropowersystems.com
Francesca Cocco, +33 970 467135
President Investor Relations