Belgian Solar Company Locates Americas Headquarters

ATLANTA, March 18, 2010 — The Georgia Department of Economic Development (GDEcD) announced today that the Enfinity Corporation, a Belgium-based solar company, will locate its Americas headquarters in Atlanta.  Enfinity is the world's largest developer of solar photovoltaic (PV) solutions, and provides turnkey solar solutions for commercial, municipal and utility customers.  This project will create at least 30 jobs over two years. 'Georgia is a leader in the alternative energy sector, and welcomes the collaboration with cutting-edge solutions providers like Enfinity to enhance the state's position in this sector,' said Ken Stewart, commissioner of the Georgia Department of Economic Development. 'Enfinity's Americas headquarters in Atlanta adds to the growing community of alternative energy enterprises that successfully do business in Georgia.' In addition to developing solar PV solutions, Enfinity also delivers project finance solutions for alternative energy projects.  The company creates solar PV systems to help companies reduce energy costs, ultimately helping its customers guard against unknown future energy costs. 'We're just at the beginning of a sharp growth trajectory for Enfinity," said Rafael Dobrzynski, CEO of Enfinity America Corporation. 'The central location of Atlanta to our markets in the southeast U.S., its transportation hub for ease of access across the U.S., Canada and South America and the spirit of innovation embraced by its academic and business community will provide the foundation for Enfinity to consolidate, intensify and broaden our reach in the delivery of renewable energy solutions.' In addition to the global access provided by Georgia's Hartsfield-Jackson Atlanta International Airport, Enfinity leveraged the relevant industry-specific expertise provided by Georgia's Center of Innovation for Energy, one of six centers that align with Georgia's strategic industries.  Each center is led by industry experts who provide high-potential growth companies with access to intellectual capital, college and university research, strategic relationships and other competitive advantages that accelerate growth for these companies. 'Solar energy companies like Enfinity are on the leading edge of alternative energy solutions that will resonate globally,' said Jill Stuckey, director of the Georgia Center of Innovation for Energy.  'In addition to Georgia's logistical advantages, Enfinity can also access the state's wealth of intellectual resources and advanced research as it grows in Georgia and throughout international markets.' The Georgia Department of Economic Development collaborated with the Metro Atlanta Chamber of Commerce to help Enfinity locate in Georgia.   'Atlanta is a technology hotbed, and is a natural home for a global alternative energy group like Enfinity,' said David Hartnett, vice president of bioscience for the Metro Atlanta Chamber. 'Atlanta has the edge that will fit Enfinity's business model, and help our young technology companies to grow.' GDEcD international project manager Jim Blair assisted the company with this location. About Enfinity Corp. Enfinity is a fast-growing international company specializing in renewable energy. As a project specialist, Enfinity ensures the implementation of solar and wind energy power plants and is present in the U.S., Canada and 17 other countries in Europe and Asia. In order to finance these energy projects, Enfinity works with individual project companies whose financial means are provided by equity investors and banks. In 2009, Enfinity achieved revenues of more than $340M USD. For more information, visit http://www.enfinitycorp.com/. About GDEcD The Georgia Department of Economic Development (GDEcD) is the state's sales and marketing arm, the lead agency for attracting new business investment, encouraging the expansion of existing industry and small businesses, locating new markets for Georgia products, attracting tourists to Georgia, and promoting the state as a location for film, music and digital entertainment projects, as well as planning and mobilizing state resources for economic development.  For more information, visit www.georgia.org.