EQT Eqtec Plc

 

TIDMKED 
 
RNS Number : 6052X 
Kedco PLC 
08 December 2010 
 

08 December 2010 
 
                                    Kedco plc 
 
                           ("Kedco" or the "Company") 
 
                          Statement re Project Finance 
 
 
Kedco notes the press comment yesterday in relation to financing from Ulster 
Bank for its biomass power projects.  The Company confirms that, as announced on 
3 November, Kedco has been offered a project finance facility by Ulster Bank 
Group ("Ulster Bank"), a subsidiary of the Royal Bank of Scotland plc, to 
provide secured debt facilities in respect of the Company's biomass electricity 
and heat generating plant in Newry, Northern Ireland. 
 
The Company is exploring financing options in relation to other projects within 
its portfolio. 
 
 
 
For additional information please contact: 
 
+--------------------------------------------+----------------+ 
| Kedco plc                                  | +353 (0)21 467 | 
| Donal Buckley, Chief Executive / Gerry     | 0427           | 
| Madden, Finance Director                   |                | 
|                                            |                | 
+--------------------------------------------+----------------+ 
| Deloitte Corporate Finance - Nomad         | +44 (0)20 7936 | 
| Jonathan Hinton / David Smith              | 3000           | 
+--------------------------------------------+----------------+ 
 
+--------------------------------------------+----------------+ 
| SVS Securities plc - Broker                | +44 (0)20 7638 | 
| Ian Callaway / Alex Mattey                 | 5600           | 
|                                            |                | 
+--------------------------------------------+----------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 MSCFMMGZFRZGGZM 
 

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