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30 Jan 2015 12:34
30 January 2015
Renewable Energy Generation Ltd
Knockshinnoch Wind Farm
Renewable Energy Generation Limited ("REG") (AIM: WIND), the UK renewable energy group, today announces that East Ayrshire Council has resolved to grant planning permission for the Company's Knockshinnoch Wind Farm.
The project comprises two wind turbines with an expected installed capacity of 4MW and an annual output of around 13GWh. Formal planning permission is expected to follow shortly. The project is subject to the normal six week legal challenge period.
Andrew Whalley, REG Chief Executive Officer, said: "Scotland's excellent wind resource means projects like this are a vital part of our portfolio."
"This scheme was extremely well-supported by local communities, once again illustrating that well-sited wind farms offering tangible benefits to nearby residents remain a popular means of generating clean power."
Enquiries:
Renewable Energy Generation Limited Andrew Whalley, Chief Executive Officer David Crockford, Finance Director Ian Lawrence, Communications Manager | +44 (0)1483 901 796 |
Smith & Williamson Corporate Finance Limited (Nominated Adviser) Martyn Fraser | +44 (0)117 376 2213 |
Cenkos (Corporate Broker) Bobbie Hilliam/Max Hartley | +44 (0)20 7397 8900 |
Broker Profile Simon Courtenay | +44 (0)20 7448 3244 |
Notes to editors
Renewable Energy Generation Ltd (REG) is an AIM listed renewable energy group. Its main business is the development, construction and operation of wind farms and generating power from refined used cooking oil.
REG Windpower: based in Truro, Bath and Guildford, UK, it currently operates 11 wind projects in Cambridgeshire, Cornwall, County Durham, Yorkshire, Lancashire, Cumbria and Gwynedd, with a total capacity of 34.7MW as well as 3 projects on behalf of its partner BlackRock totalling 28MW. REG has around 200MW of projects in the planning system awaiting consent.
REG Bio-Power UK Ltd: based in Nottingham, UK: it operates 26MW of electricity generation plant powered by fuel recovered from used cooking oil.
Headquartered in Jersey, REG was admitted to trading on AIM, a market operated by the London Stock Exchange, in May 2005 (AIM: WIND).
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