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Velcan Energy - Company Profile Snapshot

Company Profile: Velcan Energy
Ticker: MLVEL
Exchanges: PAR
2008 Sales: 3,806,000
Major Industry: Utilities
Sub Industry: Electric Power Companies
Country: FRANCE
Employees: 208

Business Description
Velcan Energy. The Group's principal activity is to generate electricity and to reduce greenhouse gas emissions through the production and the trading of carbon credits. The Group offers solutions to fight global warming, by producing in fast growing emerging countries electricity and carbon credits that comply with the Kyoto Protocol. The Group develops and finances renewable energy infrastructures such as biomass power plants and hydro-electricity. The Group develops projects that reduce the greenhouse gas emissions of existing industrial sites (carbon sequestration or mitigation projects) and onvolves in carbon credit trading. The Group operates in France, India, Brazil and United Arabian Emirates.

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