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21 Dec 2011 07:00
21 December 2011
Renewable Energy Generation Ltd
Turbine Order for County Durham Wind Farm
Renewable Energy Generation Limited ("REG") (AIM: WIND), the UK renewable energy group, today announces that it has purchased three Vestas V80 2MW wind turbines for its site at South Sharpley in County Durham.
The turbines are scheduled for delivery in late summer 2012 and the project is expected to be operational in the autumn. The wind farm is anticipated to produce approximately 16GWh of output per annum and the total project cost is expected to be around £8M.
Andrew Whalley, REG Chief Executive Officer, said: "South Sharpley is on course to be our second new wind farm completed in 2012 and will increase REG's clean electricity output to around 150GWh per annum.
"We are also pleased to be continuing our productive relationship with manufacturer Vestas."
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) Nick Reeve / Martyn Fraser
| +44 (0)117 376 2213 |
Evolution Securities (Corporate Broker) Garry Levin / Alex Garton / Stuart Andrews
| +44 (0)20 7071 4300 |
City Profile Simon Courtenay | +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 ten wind projects in Cambridgeshire, Cornwall, County Durham, Yorkshire, Cumbria and Gwynedd, with a total capacity of 41.15MW and has a development pipeline of over 1,000MW.
REG Bio-Power UK Ltd: based in Nottingham, UK: it operates electricity generation plant fuelled by waste vegetable 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
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