At the beginning of 2009, GEP decided to start its business by acquiring companies holding the rights and authorizations to build its power plants. Now GEP wishes to develop its own plants. A company holding the various project companies (SPV in our jargon) was created: GEP Développement. It is responsible for all development, whether wind or photovoltaic, on behalf of the Group. The target of GEP Développement is to hold a "constant" portfolio of several hundred MW in development (in different stages of progress) in the coming years.
This internalization will enable GEP to no longer depend on the market and will perpetuate its activity.
The development team is composed of a manager experienced in these development techniques, an engineer-topographer and two persons responsible for land research. It is assisted in the operational management by GEP. Partnerships have been established with specialized offices.
The aim of GEP Développement is to supply GEP with all the plants to be built and it plans to hold a portfolio of several hundred MW in development in the coming years.