|THEOLIA's Board of Directors refocuses (2010/09/15 6:00 PM)|
Following the success of its capital increase and financial restructuring, THEOLIA continues its reengineering with a trimmed Board of Directors consisting of six directors.
Three directors have thus tendered their resignations: Mr. Louis Ferran, Mr. Gérard Creuzet and Mr. Philippe Leroy.
Mr. Michel Meeus, Chairman of THEOLIA's Board of Directors, stated: “With a new executive management and a lean Board of Directors, THEOLIA is now ready to pursue its development, on the basis of a strategy to create value for its shareholders, and to meet its future challenges.”
THEOLIA is an independent international developer and operator of wind energy projects. THEOLIA is active primarily in France, Germany and Italy, and also in India, Brazil and Morocco. THEOLIA trades on the compartment B of Euronext Paris, regulated market of NYSE Euronext, under the symbol TEO. The THEOLIA stock is part of the CAC Small 90 index.
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Edward F. McDonnell
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