Renewable Energy Generation Ltd St Breock Wind Farm Repowering Project (5241N)

TIDMWIND

RNS Number : 5241N

Renewable Energy Generation Ltd

01 October 2012

Renewable Energy Generation Ltd

St Breock Wind Farm Repowering Project

Renewable Energy Generation Limited ("REG") (AIM: WIND), the UK renewable energy group, announces that the Strategic Planning Committee of Cornwall Council has voted to grant planning permission for a 10MW wind farm.

REG expects formal consent to follow shortly and, subject to the subsequent statutory three month legal challenge period, anticipates the project moving into construction in 2013.

The application is for five 100 metre turbines to replace the existing eleven turbines erected on St Breock Downs in 1994. REG acquired the operating wind farm in 2010 with the aim of repowering the site to approximately treble its energy generation.

Andrew Whalley, REG Chief Executive Officer said:

"Achieving a resolution to grant permission at local authority is always welcome and we were heartened by the Council's endorsement of our approach to local engagement and community benefits. Cornwall Council's decision is particularly pleasing as it demonstrates the value of our willingness to pursue less conventional projects. St Breock is an extremely energetic site and we will aim to progress the scheme into construction quickly through our in-house team once the statutory challenge period expires."

ENDS

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)                            +44 (0)117 376 
  Nick Reeve / Martyn Fraser                      2213 
 Cenkos (Corporate Broker)                       +44 (0)20 7397 
  Bobbie Hilliam/Max Hartley                      8900 
 City Profile                                    +44 (0)20 7448 
  Simon Courtenay/Abigail Genis                   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 11 wind projects in Cambridgeshire, Cornwall, County Durham, Yorkshire, Cumbria and Gwynedd, with a total capacity of 51.15MW and has a development pipeline of over 1,000MW.

REG Bio-Power UK Ltd: based in Nottingham, UK: it operates electricity generation plant powered by fuel recovered from 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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