23rd Jun 2009 09:56
23 June 2009
Renewable Energy Holdings plc ("REH" or the "Company")
Update re Solar Energy and Poland Wind
Further to the announcement made by the Company on 28 May 2009, the directors of REH ("Directors") are pleased to announce that the due diligence process on PVStrom's existing 18 MW of solar photovoltaic developments in Italy is continuing and that the exclusivity period has now been extended to 31 July 2009 to allow this to be completed to REH's satisfaction.
Additionally, the Directors are also pleased to announce that further to REH's announcement of 1 December 2008 regarding the Polish wind farm site at Kobylany, REH and Gamar GHL, the vendor, have mutually agreed to extend the option period to 23 July 2009.
- Ends -
For further information, please contact:
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Renewable Energy Holdings plc |
Tel: 01624 641199 |
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Mike Proffitt, Chief Executive |
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Ambrian Partners - Nominated Adviser & broker |
Tel: 020 7634 7405 |
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Richard Swindells / Andrew Craig |
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Financial Dynamics |
Tel: 020 7831 3113 |
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Jonathon Brill/Billy Clegg/Edward Westropp/Alex Beagley |
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