22nd May 2013 07:00
22 May 2013
Renewable Energy Generation Ltd ("REG")
Ramsey Wind Farm extension
Renewable Energy Generation Limited ("REG") (AIM: WIND), the UK renewable energy group, today announces that Huntingdonshire District Council has resolved to grant planning permission for an extension to its operating Ramsey wind farm.
Construction of four new turbines adjacent to the existing Vestas 1.8MW machine will boost the site's clean energy output to around 27GWh per annum, making it one of REG's most productive wind farms.
Formal planning permission is expected to follow shortly and subject to the expiry of the three month legal challenge period, the project is expected to enter construction in 2014.
Andrew Whalley, REG Chief Executive Officer, said: "The existing turbine has performed extremely well since we installed it in 2008 so the extra four turbines will be an excellent addition to REG's portfolio.
"Achieving a resolution to grant planning permission at local authority level is tremendously welcome as it avoids the need to enter the time-consuming appeal process."
Enquiries:
Renewable Energy Generation Limited Andrew Whalley, Chief Executive Officer David Crockford, Finance Director Ian Lawrence, Communications Manager | +44 (0)1483 901 790 |
Smith & Williamson Corporate Finance Limited (Nominated Adviser) Martyn Fraser | +44 (0)117 376 2213 |
Cenkos (Corporate Broker) Bobbie Hilliam/Max Hartley | +44 (0)20 73978900 |
City Profile Simon Courtenay/Abigail Genis | +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 12 wind projects in Cambridgeshire, Cornwall, County Durham, Yorkshire, Cumbria and Gwynedd, with a total capacity of 57.15MW 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
Related Shares:
WIND.L