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GLOBAL BIOENERGIES: Construction of the German demo plant started. Additional 4.4 million euros financing secured

GLOBAL BIOENERGIES: Construction of the German

demo plant started

Additional 4.4 million euros financing secured

Evry, March 31st, 2015
- Global Bioenergies (Aternext: ALGBE) announces having obtained a 4.4 million
euro loan from a consortium of four French banks to complete the financing of
its demo plant. The construction phase begins today and will last one year.

These past two years have seen Global Bioenergies focusing on scaling up its
bio-production process to isobutene. A first phase has consisted in the
construction of an industrial pilot on the agro-industrial site of
Pomacle-Bazancourt. Successful start-up was achieved in 2014 and the pilot is
now fully operational.

The following phase consists in the installation of a demo plant on the
petrochemical site of Leuna, near Leipzig in Germany. Global Bioenergies has
recently announced having received the corresponding engineering package.

The company today announces the launch of the demo plant's construction
alongside the reception of a 4.4 million euro loan reimbursable over 5 years.
This loan has been secured from a consortium composed of BNP Paribas, Société
Générale, CIC and Bpifrance. It is covered by guarantee funds of the
Ile-de-France Region managed by Bpifrance.

This new financing will cover the purchase of a complete fermentation unit,
comprising an inoculation fermenter, a propagation fermenter, and a 5,000L
production fermenter. Each are fully instrumented and surrounded by satellite
vessels. This unique installation has been specifically designed for the
production of gaseous hydrocarbons. It will be installed on the Fraunhofer
CBP site within the Leuna refinery. The demo plant's operation will begin in
2016 under the supervision of Global Bioenergies GmbH, a Leipzig-based,
100%-owned subsidiary of Global Bioenergies SA.

The demo plant's financing is also supported by a 5.7 million euro subsidy
granted end 2013 by the German Ministry for Education and Research (BMBF).
Most of this subsidy is still to be received.

Ales Bulc, General Manager of Global Bioenergies GmbH comments: "The
construction phase of our demo plant now begins. It will be delivered in
2016. The first batches will be commercialized in specific niche markets and
will also allow the qualification of our renewable isobutene in all its
applications. Isobutene and its derivatives today represent a 15 million
tonne market globally."

François-Henri Sahakian, Global Bioenergies' Chief Financial Officer
concludes: "This 4.4 million euro loan has been secured from several of
France's largest banks on the basis of the convincing results obtained on our
pilot plant of Pomacle-Bazancourt. Accessing such a significant bank
financing testifies of the level of trust Global Bioenergies now inspires to
its partners."

Global Bioenergies is one of the few companies worldwide, and the only one in
Europe, that is developing a process to convert renewable resources into
hydrocarbons through fermentation. The Company initially focused its efforts
on the production of isobutene, one of the most important petrochemical
building blocks that can be converted into fuels, plastics, organic glass and
elastomers. Global Bioenergies continues to improve the yield of its process
and recently announced success with first testing in its industrial pilot.
The company also replicated its achievement to propylene and butadiene two
members of the gaseous olefins family, key molecules at the heart of
petrochemical industry. Global Bioenergies is listed on Alternext, Euronext
Paris (FR0011052257 - ALGBE).

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|François-Henri Sahakian |
|Chief Financial Officer |
|Tel : + 33 (0) 1 64 98 20 50 |
|Email |

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: GLOBAL BIOENERGIES via Globenewswire


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