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Statement re Project Finance

8 Dec 2010 13:40

RNS Number : 6052X

Kedco PLC

08 December 2010

Kedco plc

("Kedco" or the "Company")

Statement re Project Finance

Kedco notes the press comment yesterday in relation to financing from Ulster Bank for its biomass power projects. The Company confirms that, as announced on 3 November, Kedco has been offered a project finance facility by Ulster Bank Group ("Ulster Bank"), a subsidiary of the Royal Bank of Scotland plc, to provide secured debt facilities in respect of the Company's biomass electricity and heat generating plant in Newry, Northern Ireland.

The Company is exploring financing options in relation to other projects within its portfolio.

For additional information please contact:

Kedco plc

Donal Buckley, Chief Executive / Gerry Madden, Finance Director

+353 (0)21 467 0427

Deloitte Corporate Finance - Nomad

Jonathan Hinton / David Smith

+44 (0)20 7936 3000

SVS Securities plc - Broker

Ian Callaway / Alex Mattey

+44 (0)20 7638 5600

This information is provided by RNS

The company news service from the London Stock Exchange

END

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Date		Source	Headline
25th Apr 2012	5:22 pm	RNS	Issue of Equity
4th Apr 2012	4:08 pm	RNS	Kedco JV receives EIS boost
28th Mar 2012	7:00 am	RNS	Interim Results
1st Mar 2012	7:00 am	RNS	Public Exhibition for proposed Rutland facility
20th Feb 2012	7:00 am	RNS	Shortlisted at the New Energy Awards
13th Feb 2012	12:04 pm	RNS	Non Executive Director change & Newry Update
6th Feb 2012	7:00 am	RNS	Kedco launches new website
3rd Feb 2012	7:00 am	RNS	Placing to raise £403,000
9th Jan 2012	7:00 am	RNS	First drawdown of loan facilities for Newry plant
19th Dec 2011	4:11 pm	RNS	Result of AGM
28th Nov 2011	3:45 pm	RNS	Notice of AGM
17th Nov 2011	7:00 am	RNS	Preliminary Results
14th Nov 2011	7:00 am	RNS	Statement re project finance
19th Oct 2011	7:00 am	RNS	Directorate Change
13th Oct 2011	4:04 pm	RNS	Working capital facility
18th Aug 2011	4:10 pm	RNS	Holding(s) in Company
5th Jul 2011	7:00 am	RNS	Disposal
13th Jun 2011	1:49 pm	RNS	Director/PDMR Shareholding
9th May 2011	6:13 pm	RNS	Director/PDMR Shareholding
19th Apr 2011	2:34 pm	RNS	Director/PDMR Shareholding
6th Apr 2011	7:00 am	RNS	Directorate Change Update
31st Mar 2011	5:21 pm	RNS	Directorate Change
14th Mar 2011	7:00 am	RNS	Half Yearly Report
11th Mar 2011	4:09 pm	RNS	Directorate Change
16th Feb 2011	7:00 am	RNS	Placing
25th Jan 2011	8:00 am	RNS	Placing and Trading Update
17th Dec 2010	11:03 am	RNS	Result of AGM
8th Dec 2010	1:40 pm	RNS	Statement re Project Finance
30th Nov 2010	3:08 pm	RNS	Change in trading currency
24th Nov 2010	2:42 pm	RNS	Notice of AGM
15th Nov 2010	12:59 pm	RNS	Change of Adviser
3rd Nov 2010	7:00 am	RNS	Statement re Project Finance
21st Oct 2010	7:00 am	RNS	Final Results
21st Oct 2010	7:00 am	RNS	Final Results
31st Aug 2010	3:32 pm	RNS	Planning consent
5th Jul 2010	11:04 am	RNS	Completion of Placing
10th May 2010	9:36 am	RNS	Statement re appointment of adviser
31st Mar 2010	7:00 am	RNS	Half Yearly Report
17th Feb 2010	7:00 am	RNS	Trading Statement
18th Jan 2010	7:00 am	RNS	RE: Enterprise Ireland
18th Dec 2009	12:07 pm	RNS	Result of AGM
8th Dec 2009	7:00 am	RNS	New joint venture agreement
23rd Nov 2009	3:05 pm	RNS	Replacement: Notice of AGM
23rd Nov 2009	1:20 pm	RNS	Notice of AGM
15th Oct 2009	7:00 am	RNS	Final Results
8th Oct 2009	7:00 am	RNS	Completion of Placing
26th Jun 2009	7:00 am	RNS	Trading Update
29th May 2009	7:00 am	RNS	Total Voting Rights and Capital
22nd May 2009	7:00 am	RNS	Placing
12th May 2009	7:00 am	RNS	Re Share price movement

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