Turbine purchase for Goonhilly Downs
February 02 2010 - 2:00AM
UK Regulatory
TIDMWIND
RNS Number : 4958G
Renewable Energy Generation Ltd
02 February 2010
02 February 2010
Renewable Energy Generation Ltd
Announcement of Turbine purchase for Goonhilly Downs repowering
Renewable Energy Generation Limited ("REG" or the "Company") (AIM: WIND), the UK
renewable energy group, today announces that it has purchased six Vestas V80 2MW
machines for its consented site at Goonhilly Downs in Cornwall. The turbines
are scheduled to be delivered to the site in July and the project is expected to
be operational by late summer 2010. The repowered wind farm is expected to
produce approximately 30GWh of output per annum.
Commenting on developments, Andrew Whalley, Chief Executive Officer, said:
"The six new turbines will almost triple output from the site, dramatically
highlighting the improvements in technology made since the fourteen turbines
they are replacing were installed in 1994."
The Company will be hosting a site visit for analysts and institutional
investors during the final stages of the project in July. No new material
information will be disclosed and all presentations will be posted on the
Company's web site at www.renewableenergygeneration.com. More details will
follow but please contact Hogarth if you are interested in attending.
Ends
+-------------------------------------------------------------+-------------------------------------+
| Contacts: | |
+-------------------------------------------------------------+-------------------------------------+
| | |
+-------------------------------------------------------------+-------------------------------------+
| Renewable Energy Generation Ltd | Tel: 01483 901 790 |
+-------------------------------------------------------------+-------------------------------------+
| Andrew Whalley, Chief Executive Officer | |
+-------------------------------------------------------------+-------------------------------------+
| David Crockford, Finance Director | |
+-------------------------------------------------------------+-------------------------------------+
| | |
+-------------------------------------------------------------+-------------------------------------+
| Numis Securities Ltd | Tel: 020 7260 1000 |
+-------------------------------------------------------------+-------------------------------------+
| Nominated Advisor: Simon Blank / Hugh Jonathan | |
+-------------------------------------------------------------+-------------------------------------+
| Corporate Broker: David Poutney / Charlie Farquhar | |
+-------------------------------------------------------------+-------------------------------------+
| | |
+-------------------------------------------------------------+-------------------------------------+
| Hogarth | Tel: 020 7357 9477 |
+-------------------------------------------------------------+-------------------------------------+
| Sarah MacLeod | |
+-------------------------------------------------------------+-------------------------------------+
| Julian Walker | |
+-------------------------------------------------------------+-------------------------------------+
| Vicky Watkins | |
+-------------------------------------------------------------+-------------------------------------+
Notes to Editors
Renewable Energy Generation Ltd (REG) is a UK orientated renewable energy group.
The Group's main business is the development, construction and operation of wind
farms in the UK and generating power from refined used cooking oil in the UK.
· The Cornwall Light & Power Co. Ltd: based in Cornwall, UK, it currently
operates seven wind projects in Cambridgeshire, Cornwall, County Durham, Cumbria
and Gwynedd, with a total capacity of 21.3MW and has a development pipeline of
around 350MW.
· REG Bio-Power UK Ltd: based in Nottingham, UK: it operates electricity
generation plant fuelled by 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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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