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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
7th Jan 20097:00 amRNSStatement re New General Revolving Credit Facility
31st Dec 20089:13 amRNSAnnual Report and Accounts
23rd Dec 20087:00 amRNSAcquisition - REG Bio-Power
23rd Sep 200810:48 amRNSPreliminary Results - Replacement
23rd Sep 20087:00 amRNSPreliminary Results for year ended 30 June 2008
11th Aug 200812:44 pmRNSPlanning approval granted for
5th Aug 20085:28 pmRNSHolding(s) in Company
28th Jul 20087:00 amRNSExtension of Power Purchase A
25th Jul 20083:01 pmRNSHolding(s) in Company
24th Jul 20083:26 pmRNSHolding(s) in Company
23rd Jul 20087:00 amRNSPre-Close Trading Statement
22nd Jul 20081:19 pmRNSHolding(s) in Company
17th Jul 200811:51 amRNSHolding(s) in Company
14th Jul 20087:00 amRNSPlanning approval granted for
4th Jul 200812:00 pmRNSHolding(s) in Company
3rd Jul 20083:59 pmRNSHolding(s) in Company
30th Jun 200810:04 amRNSRefinancing and Turbine Order
2nd May 200811:14 amRNSHolding(s) in Company
22nd Apr 20084:23 pmRNSHolding(s) in Company
11th Apr 200810:51 amRNSResult of AGM
11th Apr 20087:00 amRNSAGM Statement
26th Mar 20083:23 pmRNSDirector/PDMR Shareholding
25th Mar 20085:10 pmRNSNotice of AGM
7th Mar 20083:27 pmRNSHolding(s) in Company
19th Feb 20085:48 pmRNSDividend Declaration
19th Feb 20087:00 amRNSInterim Results
16th Jan 200812:56 pmRNSHolding(s) in Company
15th Jan 20087:00 amRNSNotification Interim Results
10th Jan 20082:08 pmRNSHolding(s) in Company
9th Jan 200810:29 amRNSHolding(s) in Company
20th Dec 20074:18 pmRNSAnnual Report and Accounts
13th Dec 20073:09 pmRNSDirector/PDMR Shareholding
4th Dec 20072:41 pmRNSAcquisition
5th Nov 20074:43 pmRNSDirector/PDMR Shareholding
30th Oct 20074:33 pmRNSStatement re credit facility
29th Oct 20076:02 pmRNSDirector/PDMR Shareholding
23rd Oct 20074:15 pmRNSHolding(s) in Company
17th Oct 20073:47 pmRNSDirector/PDMR Shareholding
16th Oct 20072:27 pmRNSDisposal
28th Sep 20077:04 amRNSAcquisition
20th Sep 20077:00 amRNSDividend Declaration
13th Sep 20073:07 pmRNSFinal Results
21st Aug 20079:41 amRNSHolding(s) in Company
17th Aug 20075:00 pmRNSCompliance with Rule 26
25th Jul 20077:00 amRNSTrading Statement
20th Jun 200712:48 pmRNSHolding(s) in Company
13th Jun 20077:01 amRNSTrading Statement
8th Jun 20077:01 amRNSBoard Changes
4th Jun 20075:04 pmRNSHolding(s) in Company
11th Apr 20075:37 pmRNSDividend Declaration

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