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Project Update

19 Jun 2013 07:00

RNS Number : 3380H
Renewable Energy Generation Ltd
19 June 2013
 



19 June 2013

 

Renewable Energy Generation Ltd ("REG" "The Company")

 

Project update

 

 

Renewable Energy Generation Limited (AIM: WIND), the UK renewable energy group, today announces that its 6MW wind project at Burnthouse Farm has become operational. The anticipated annual output of the project is 14.5GWh per annum, sufficient clean electricity to meet the equivalent annual needs of more than 3,000 households.

 

REG also announces the purchase of a single 500kW turbine for its project at High Down in Cornwall. This project will be built under the UK Government's feed-in tariff and is expected to be operational in early 2014 producing around 1.8GWh per annum of clean electricity.

 

The previously announced sale of REG's 4MW operational project at Orchard End to the Company's strategic partner BlackRock is expected to be completed later this year following its financing with the Co-Operative Bank.

 

REG currently has 9 projects in the planning system totalling more than 78MW of capacity. The Company is on track to submit a further 56MW of projects into the planning system by the end of June this year.

 

Enquiries:

Renewable Energy Generation Limited

Andrew Whalley, Chief Executive Officer

David Crockford, Finance Director

Ian Lawrence, Communications Manager

+44 (0)1483 901 790

Smith & Williamson Corporate Finance Limited

(Nominated Adviser)

Martyn Fraser

+44 (0)117 376 2213

Cenkos (Corporate Broker)

Bobbie Hilliam/Max Hartley

+44 (0)20 73978900

City Profile

Simon Courtenay/Abigail Genis

+44 (0)20 7448 3244

 

Notes to editors

Renewable Energy Generation Ltd (REG) is a UK 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 and Bath, UK, it currently operates 14 wind projects in Cambridgeshire, Cornwall, County Durham, Yorkshire, Cumbria, Lancashire and Gwynedd, with a total capacity of 61.15MW and has a development pipeline of over 1,000MW.

REG Bio-Power UK Ltd: based in Nottingham, UK: it operates 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).

www.renewableenergygeneration.co.uk

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCLLFLRRVITLIV
Date   Source Headline
27th Jun 20135:41 pmRNSREG Welcomes Government Support for Sector
20th Jun 20137:00 amRNSIssue of Equity and Voting Rights
19th Jun 20137:00 amRNSProject Update
22nd May 20137:00 amRNSPlanning Decision For Ramsey Wind Farm Extension
8th May 20139:36 amRNSHolding(s) in Company
10th Apr 20139:06 amRNSBuy-back of Shares & Total Voting Rights
28th Mar 20132:47 pmRNSHolding(s) in Company
25th Mar 201311:40 amRNSHolding(s) in Company
12th Mar 20139:35 amRNSExtension to STOR Contract
12th Feb 201311:49 amRNSLong Term Incentive Plan
6th Feb 201311:44 amRNSHolding(s) in Company
5th Feb 20135:36 pmRNSHolding(s) in Company
5th Feb 20137:00 amRNSHalf Yearly Report (Replacement)
4th Feb 20139:57 amRNSHalf Yearly Report (Replacement)
4th Feb 20137:00 amRNSHalf Yearly Report
24th Jan 20137:00 amRNSSale of Wind Farm Portfolio
23rd Jan 20132:09 pmRNSSouth Sharpley Wind Farm Operational
24th Dec 20127:00 amRNSTurbine Order
7th Dec 201211:43 amRNSResult of AGM
14th Nov 201211:33 amRNSAnnual Report & Accounts
30th Oct 201211:25 amRNSHolding(s) in Company
15th Oct 20127:00 amRNSFinal Results
3rd Oct 20127:00 amRNSREG completes project financing of 2 UK wind farms
1st Oct 20127:00 amRNSSt Breock Wind Farm Repowering Project
31st Jul 201210:44 amRNSHolding(s) in Company
19th Jun 201211:19 amRNSHolding(s) in Company
12th Jun 20127:00 amRNSSancton Hill Wind Farm Operational
30th May 201211:38 amRNSIssue of Equity and Voting Rights
8th May 20127:00 amRNSTurbine Order
24th Apr 20122:22 pmRNSHolding(s) in Company
2nd Apr 20125:50 pmRNSHolding(s) in Company
19th Mar 20127:00 amRNSHalf Yearly Report
16th Mar 20123:13 pmRNSChange of Adviser
12th Mar 20127:00 amRNSExtension to STOR Contract
22nd Feb 20123:51 pmRNSNotice of Half Year Results
9th Feb 201212:22 pmRNSHolding(s) in Company
26th Jan 20127:00 amRNSPower Purchase Agreement
4th Jan 201211:25 amRNSHolding(s) in Company
22nd Dec 201111:59 amRNSResult of AGM
21st Dec 20117:00 amRNSTurbine Order
20th Dec 20117:00 amRNSREG completes 2nd tranche of wind farm financing
29th Nov 20112:26 pmRNSNotice of AGM
23rd Nov 201112:06 pmRNSDirector/PDMR Shareholding
21st Nov 20113:00 pmRNSDirector/PDMR Shareholding
1st Nov 20117:00 amRNSDeferred Consideration
19th Oct 20112:37 pmRNSDividend Timetable
18th Oct 201112:00 pmRNSGrant of options
17th Oct 20117:00 amRNSFinal Results
29th Sep 20117:00 amRNSLeeds North plant ready to operate
26th Sep 20117:00 amRNSPlanning Decision for Denzell Downs Wind Project

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