Galileo Group strengthens its globalization strategy

Galileo Group strengthens its globalization strategy

The Management of Galileo Group led by Osvaldo del Campo (CEO) have established a strategic

partnership with Blue Water Energy and acquired the entire share capital of the Company from

erstwhile shareholders, including Sideco shares from Socma Group. With this operation, Galileo

supports its globalization approach, while the CEO of the company also becomes a major shareholder of

the group.

Galileo Group’s core capabilities include the development of goods and services for the natural gas,

biogas and hydrogen value chains, making the production, transportation and consumption

economically feasible through unconventional methods. The company provides innovative and leading

technological solutions to its customers, enabling them to achieve more efficient energy supply chains

and thereby reduce costs and have a positive environmental impact.

Under the new partnership with BWE, the Company has established a new holding company in London

(“Galileo Global Technologies”) and plans to embark upon a series of growth initiatives, including the

commissioning of a new plant in the city of San Martin, Buenos Aires, in July. This plant will be dedicated

exclusively to the manufacturing of customers’ products, consolidating the Company’s operational

control over its supply chain.

Driven by the recent success of Galileo’s proprietary Cryobox technology in converting flared gas into a

usable fuel source, from production assets in Bakken, North Dakota, the Company is witnessing

increased demand from that region. To address this, the Company is also planning to build an

enlargement to its Los Angeles manufacturing facility to incorporate production lines for Cryobox LNG

Nano stations and thereby provide more efficient solutions to its customers.

Moreover, Galileo will be exhibiting at the Alternative Fuels Conferences and World Fair 2016, which will

be held on May 26-28, 2016, at the Bologna Exhibition Centre, Italy. You can visit the company at Booth

#A3. It will be a great opportunity to answer any inquiries you may have about the Cryobox® Nano

Liquefaction Station, which introduces a paradigm shift in small-scale LNG/LBM production by enabling

transportation industries to become self-cost-effective-suppliers of LNG/LBM.

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