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September 19, 2007--HLT Energies Inc. becomes the Founding Partner of a European Company Dedicated to Solar Energy

Montreal (QC) --HLT Energies (“HLT”) joined Ecotech Finance, a subsidiary of the Société Régionale d’Investissement de Wallonie(“SRIW”) specialized in environment and renewable energy investments, and Watt Engineering, a Belgian company, to form EKOWATT.

HLT Energies thus acquired ⅓ of EKOWATT S.A. for 35 000 Euros. Moreover, each founding partner acquired an equal percentage of the new company. The official launch of EKOWATT is planned for October 7, 2007.


This investment is the result of significant efforts and groundwork by its founding partners, each bringing expertise and know-how to the table.

  • Ecotech Finance, a subsidiary of SRIW, promotes environmental management in Wallonia by acquiring participation in companies of this sector to ensure their economic development, encourage original know-how development as well as its export into fast-growing world markets

    The mission of the SRIW is to invest in Belgian and international companies in order to promote the economic development of the Walloon region, either directly or indirectly. The SRIW published sales of 740 Million Euros on December 31, 2006. Its investment portfolio is comprised of 13 industrial sectors totaling 510.Million Euros.
  • Watt Engineering brings to EKOWATT its solar photovoltaic technical know-how as well as merchandizing expertise. Through its partnerships, EKOWATT will benefit from 16 commercial outlets throughout Belgium as well as local employment market savvy.
  • HLT Energies adds value to EKOWATT through solar thermal energy technical know-how as well as an expertise in the sale of renewable energy and project analysis.
Hence, EKOWATT is built on a partnership cumulating experience in solar photovoltaic, solar thermal and combination solutions. Moreover, EKOWATT benefits from governmental support, particularly that of the regional economy ministry who encourages the creation of a significant entity in the renewable energy sector.

EKOWATT will serve different markets (commercial, domestic, private and public) by providing innovative energy solution. Its clientele will benefit from complete advice, not limited to choice of equipment but encompassing financial aspects, cost control as well as sustainable management of the equipment.

“EKOWATT will benefit from a dynamic team with excellent knowledge and understanding of the local marketplace and the cultural differences characterizing Europe. EKOWATT will develop and market quality solutions for its clients by way of a local partnership network which should be established in the following months”, states HLT Energies’ president and CEO, Gérald Désourdy