TIDMWIND 
 
RNS Number : 5129N 
Renewable Energy Generation Ltd 
14 June 2010 
 
 
Press Release 
                                        14 June 2010 
 
                      Renewable Energy Generation Limited 
                            ("REG" or the "Company") 
 Acquisition of 4.95MW wind farm from E.ON Climate and Renewables UK Operations 
                                    Limited 
 
Renewable Energy Generation Limited (AIM: WIND) today announces the acquisition 
of a 4.95MW wind farm from E.ON Climate and Renewables UK Operations Limited for 
an initial cash consideration of up to GBP2.8 million.  A further cash 
consideration of up to a maximum of GBP1.2 million will be payable subject to 
receipt of planning permission to repower the site. 
The acquisition is expected to be immediately free cash flow positive and 
earnings accretive. 
Currently comprising 11 turbines, the St. Breock wind farm in Cornwall has been 
generating electricity since 1994. With an average annual output of 
approximately 11 GWh, the site generates enough renewable energy to supply over 
2500 homes. 
REG has conducted detailed due diligence on the wind farm with the aim of 
repowering it to increase capacity. Further development work is underway in 
advance of a planning submission. 
The acquisition is in line with the Company's strategy to acquire as well as 
self develop, own and operate wind farms in the UK and at current capacity, St 
Breock will increase the Group's operating wind capacity to 26MW. 
Andrew Whalley, Chief Executive Officer of REG, commented: 
"The acquisition of the St. Breock wind farm is an excellent opportunity to 
repeat the strategy employed at Goonhilly of acquiring an operating wind farm 
with the intention of repowering it with new, more efficient, turbines. The 
purchase further underlines REG's intention of investing GBP100 million in 
renewable energy projects over the next three years through organic growth from 
its 350MW development portfolio and opportunistic acquisition." 
 
 
 
Enquiries: 
+--------------------------------------------------+---------------+ 
| Renewable Energy Generation Limited              | +44 (0)1483   | 
| Andrew Whalley, Chief Executive Officer          | 901 790       | 
| David Crockford, Finance Director                |               | 
|                                                  |               | 
+--------------------------------------------------+---------------+ 
| Lexicon Partners (Financial Adviser to REG)      | +44 (0)20     | 
| Read Gomm                                        | 7653 6000     | 
|                                                  |               | 
+--------------------------------------------------+---------------+ 
| Smith & Williamson Corporate Finance Limited     | +44 (0)117    | 
| (Nominated Adviser)                              | 376 2213      | 
| Nick Reeve / Martyn Fraser                       |               | 
|                                                  |               | 
+--------------------------------------------------+---------------+ 
| Piper Jaffray Limited - Corporate Broker         | +44 (0)203    | 
| Jens Rosebrock / Charlie Lilford                 | 142 8700      | 
|                                                  |               | 
+--------------------------------------------------+---------------+ 
| Hogarth Ltd                                      |  +44 (0)20    | 
| Sarah MacLeod / Vicky Watkins                    | 7357 9477     | 
|                                                  |               | 
+--------------------------------------------------+---------------+ 
 
Notes to Editors: 
Renewable Energy Generation Ltd (REG) is a UK-focused renewable energy group. 
The Group's main business is the development, construction and operation of wind 
farms. It also generates power from refined 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 
 
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