Turbine Order
June 30 2010 - 9:41AM
UK Regulatory
TIDMWIND
RNS Number : 5480O
Renewable Energy Generation Ltd
30 June 2010
30 June 2010
Renewable Energy Generation Ltd
Announcement of Turbine purchase for High Haswell Wind Farm
Renewable Energy Generation Limited ("REG" or the "Company") (AIM: WIND), the UK
renewable energy group, today announces that it has purchased two Vestas V80 2MW
wind turbines for its consented site at High Haswell in County Durham.
The turbines are scheduled to be delivered to site in November and the project
is expected to be operational by late December 2010. The repowered wind farm is
expected to produce approximately 11GWh of output per annum.
REG acquired the High Haswell project in January for GBP0.8 million and
development targets are in line with those stated in the company announcement on
18 January 2010.
Commenting on developments, Andrew Whalley, Chief Executive Officer, said:
"These two new turbines, along with the other projects we are currently
constructing at Goonhilly Downs and Loscar, will more than double REG's wind
output to around 100GWh per annum. This further emphasises our ability to
acquire and develop small wind farms in the UK. "
Ends
Enquiries:
+--------------------------------------------------+---------------+
| Renewable Energy Generation Limited | +44 (0)1483 |
| Andrew Whalley, Chief Executive Officer | 901 790 |
| David Crockford, Finance Director | |
| | |
+--------------------------------------------------+---------------+
| Smith & Williamson Corporate Finance Limited | +44 (0)117 |
| (Nominated Adviser) | 376 2213 |
| Nick Reeve / Martyn Fraser | |
| | |
+--------------------------------------------------+---------------+
| Piper Jaffray Limited - Corporate Broker | +44 (0)20 |
| Jens Rosebrock / Charlie Lilford | 3142 8700 |
| | |
+--------------------------------------------------+---------------+
| Hogarth Ltd | +44 (0)20 |
| Sarah MacLeod / Vicky Watkins | 7357 9477 |
| | |
+--------------------------------------------------+---------------+
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 eight wind projects in Cambridgeshire, Cornwall, County Durham, Cumbria
and Gwynedd, with a total capacity of 226.25MW 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).
This information is provided by RNS
The company news service from the London Stock Exchange
END
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