Renewable Energy Generation Ltd Planning Permission (2459A)
December 19 2014 - 2:00AM
UK Regulatory
TIDMWIND
RNS Number : 2459A
Renewable Energy Generation Ltd
19 December 2014
19 December 2014
Renewable Energy Generation Ltd
Mynydd Portref Wind Farm
Renewable Energy Generation Limited ("REG") (AIM: WIND), the
renewable energy group, today announces that Rhondda Cynon Taf
Council has resolved to grant planning permission for the company's
Mynydd Portref Wind Farm.
The project comprises six wind turbines with an expected
installed capacity of 12MW. Formal planning permission is expected
to follow shortly and subject to the expiry of the six week legal
challenge period, the project is expected to enter construction in
late 2015.
The wind farm is anticipated to generate around 30GWh per year,
making it one of REG's most productive sites.
Andrew Whalley, REG Chief Executive Officer, said: "Mynydd
Portref will be a very significant addition to our portfolio as it
is extremely well placed to harness the excellent wind resource in
this part of South Wales.
"It is also gratifying to achieve a resolution to grant consent
at local authority level, demonstrating that well-sited wind farms
can offer benefits to local communities and attract strong local
support."
Enquiries:
Renewable Energy Generation Limited
Andrew Whalley, Chief Executive Officer
David Crockford, Finance Director
Ian Lawrence, Communications Manager +44 (0)1483 901 796
Smith & Williamson Corporate Finance
Limited
(Nominated Adviser)
Martyn Fraser +44 (0)117 376 2213
Cenkos (Corporate Broker)
Bobbie Hilliam/Max Hartley +44 (0)20 7397 8900
Broker Profile
Simon Courtenay +44 (0)20 7448 3244
Notes to editors
Renewable Energy Generation Ltd (REG) is an AIM listed 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, Bath and Guildford, UK, it
currently operates 11 wind projects in Cambridgeshire, Cornwall,
County Durham, Yorkshire, Lancashire, Cumbria and Gwynedd, with a
total capacity of 34.7MW as well as 3 projects on behalf of its
partner BlackRock totalling 28MW. REG has around 200MW of projects
in the planning system awaiting consent.
REG Bio-Power UK Ltd: based in Nottingham, UK: it operates 26MW
of 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).
This information is provided by RNS
The company news service from the London Stock Exchange
END
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