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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
5th Sep 201110:21 amRNSHolding(s) in Company
12th Aug 20117:00 amRNSTurbine Order
28th Jul 20117:00 amRNSREG enters Northern Ireland wind market
26th Jul 201111:43 amRNSHolding(s) in Company
1st Jul 201112:52 pmRNSHolding(s) in Company
30th Jun 20112:56 pmRNSHolding(s) in Company
30th Jun 20112:02 pmRNSREG completes first tranche of wind farm financing
11th Apr 20117:00 amRNSPlanning consent granted for Durham Wind Farm
28th Mar 20111:49 pmRNSHolding(s) in Company
23rd Mar 20117:00 amRNSGrant of options
21st Mar 20117:00 amRNSHalf Yearly Report
15th Mar 20117:00 amRNSPower Purchase Agreement
9th Mar 20117:00 amRNSSTOR Contract win from National Grid
1st Mar 20117:00 amRNSREG Completes High Haswell Wind Farm
4th Feb 20112:01 pmRNSHolding(s) in Company
28th Jan 20117:00 amRNSRe rejection of approach
20th Jan 20119:12 amRNSHolding(s) in Company
14th Dec 20107:00 amRNSLancashire Wind Farm Planning appeal successful
10th Dec 20101:52 pmRNSResult of AGM
25th Nov 201011:01 amRNSAnnual Report and Accounts
25th Nov 20107:00 amRNSChange of Adviser
18th Nov 20107:00 amRNSDividend Timetable
3rd Nov 20107:00 amRNSDeferred cash consideration for AIM PowerGen Corp.
19th Oct 20107:00 amRNSFinal Results
14th Oct 201010:53 amRNSNotice of Results
7th Oct 20101:03 pmRNSOperation of Goonhilly and Loscar Wind Farms
24th Sep 201012:31 pmRNSWind Farm Proposal to Grant Planning Permission
10th Sep 20107:00 amRNS4MW Wind Farm Planning Permission Granted
3rd Sep 20107:00 amRNSInvestor and Analyst Presentation
15th Jul 201012:36 pmRNSNew short-term power purchase agreement
7th Jul 20107:00 amRNSMatt Partridge re-elected to Renewable UK Board
30th Jun 20102:41 pmRNSTurbine Order
14th Jun 20107:00 amRNSAcquisition
12th May 20107:00 amRNSFirst receipt of deferred consideration
6th May 20107:00 amRNSChange of Adviser
25th Mar 20101:56 pmRNSDirector/PDMR Shareholding
18th Mar 20107:00 amRNSHalf Yearly Report
15th Feb 20107:00 amRNSChange of Adviser
2nd Feb 20107:00 amRNSTurbine purchase for Goonhilly Downs
20th Jan 20107:00 amRNSDirectorate Change
18th Jan 20107:00 amRNSBusiness Update
30th Dec 20093:34 pmRNSCompany Update
24th Dec 200912:02 pmRNSHolding(s) in Company
9th Dec 20095:48 pmRNSDirector/PDMR Shareholding
7th Dec 20097:16 amRNSPort of Dover Bio-Power Contract
2nd Dec 20097:00 amRNSSch 1 - Renewable Energy Generation Limited
27th Nov 200910:00 amRNSCompany Update
19th Nov 20097:00 amRNSFinal Results
9th Nov 20094:36 pmRNSHolding(s) in Company
22nd Oct 20097:00 amRNSCompletion of Disposal of AIM PowerGen Corporation

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