Wind Farm Proposal to Grant Planning Permission
September 24 2010 - 7:31AM
UK Regulatory
TIDMWIND
RNS Number : 2742T
Renewable Energy Generation Ltd
24 September 2010
24 September 2010
Renewable Energy Generation Ltd
Wind Farm Proposal Secures Resolution to Grant Permission
Renewable Energy Generation Limited ("REG" or the "Company") (AIM: WIND), the UK
renewable energy group, today announces that East Riding of Yorkshire Council's
planning committee yesterday voted to support the construction of a five turbine
wind farm at Sancton Hill. The vote, 12 votes to 1 in favour of the scheme,
provides planning officers with a mandate to grant planning permission following
the completion of Section 106 agreement in respect of a number of planning
obligations.
Following the grant of planning permission, expected later in 2010, REG expects
to be able to commence construction of this project in its next financial year.
Andrew Whalley, Chief Executive Officer of Renewable Energy Generation, said:
"The strong support of the planning committee to grant permission for the 10MW
Sancton Hill is welcome news. The site is a good one, able to accommodate five
100 metre tip height wind turbines. We will be moving forward our discussions
with the council to complete the Section 106 agreement as speedily as possible
in order to allow construction in REG's next financial year".
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 |
| 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 26.25MW and has a development pipeline of
around 350MW.
· REG Bio-Power UK Ltd: based in Nottingham, UK: it operates electricity
generation plant fuelled by 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).
This information is provided by RNS
The company news service from the London Stock Exchange
END
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