20 mars 2017 04:23 PM Est – New York / Heure d’été (USA)

Michela Costa Appointed as Member of EPS’ Board of Directors

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 at www.electropowersystems.com, 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