Turbine Order (3740U)

TIDMWIND

RNS Number : 3740U

Renewable Energy Generation Ltd

21 December 2011

Renewable Energy Generation Ltd

Turbine Order for County Durham Wind Farm

Renewable Energy Generation Limited ("REG") (AIM: WIND), the UK renewable energy group, today announces that it has purchased three Vestas V80 2MW wind turbines for its site at South Sharpley in County Durham.

The turbines are scheduled for delivery in late summer 2012 and the project is expected to be operational in the autumn. The wind farm is anticipated to produce approximately 16GWh of output per annum and the total project cost is expected to be around GBP8M.

Andrew Whalley, REG Chief Executive Officer, said: "South Sharpley is on course to be our second new wind farm completed in 2012 and will increase REG's clean electricity output to around 150GWh per annum.

"We are also pleased to be continuing our productive relationship with manufacturer Vestas."

Enquiries:

 
 Renewable Energy Generation Limited 
  Andrew Whalley, Chief Executive Officer 
  David Crockford, Finance Director              +44 (0)1483 901 
  Ian Lawrence, Communications Manager            790 
 Smith & Williamson Corporate Finance Limited 
  (Nominated Adviser) 
  Nick Reeve / Martyn Fraser                     +44 (0)117 376 2213 
 Evolution Securities (Corporate Broker) 
  Garry Levin / Alex Garton / Stuart Andrews     +44 (0)20 7071 4300 
 City Profile 
  Simon Courtenay                                 +44 (0)20 7448 3244

Notes to editors

Renewable Energy Generation Ltd (REG) is a UK renewable energy group. Its main business is the development, construction and operation of wind farms and generating power from refined used cooking oil.

REG Windpower: based in Truro and Bath, UK, it currently operates ten wind projects in Cambridgeshire, Cornwall, County Durham, Yorkshire, Cumbria and Gwynedd, with a total capacity of 41.15MW and has a development pipeline of over 1,000MW.

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).

www.renewableenergygeneration.co.uk

This information is provided by RNS

The company news service from the London Stock Exchange

END

ACQFEUFWSFFSEFE

Renewable Eng. (LSE:WIND)
Historical Stock Chart
From Jun 2024 to Jul 2024