Renewable Energy Generation Ltd. : Conditional Turbine Supply Agreement

News Release                                                                                       24 December 2013

Renewable Energy Generation Ltd

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Signing of Conditional Turbine Supply Agreement

Renewable Energy Generation Limited ("REG") (AIM: WIND), the UK renewable energy group,announces that it has entered into a turbine supply agreement with Vestas Celtic Wind Technology Limited ("Vestas") covering the supply of five V80 turbines to REG's 10MW project at St. Breock in Cornwall and four V90 turbines to REG's 8MW Ramsey Extension in Cambridgeshire. The turbine supply agreement is conditional upon completion of the project financing for both projects, which REG anticipates will be concluded early in the New Year. 

Andrew Whalley, Chief Executive Officer said:

"We are delighted to continue our long-standing relationship with Vestas through this agreement on St. Breock and Ramsey 2, both of which we expect to be operational next year. Our development portfolio is now beginning to bear fruit in terms of planning determinations and we hope to be able to increase the pace of our project construction next year".

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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, Bath and Guildford, UK, it currently operates 14 wind projects in Cambridgeshire, Cornwall, County Durham, Yorkshire, Lancashire, Cumbria and Gwynedd, with a total capacity of 67.15MW 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).