Renewable Energy Generation Share Discussion Threads

[praipus] 24/9/2008 10:51

EDF's bid for British Energy

[praipus] 23/9/2008 10:52

Consolidation continues Warren Buffet and EDF are fighting over Constellation Energy in the USA.

[praipus] 23/9/2008 10:43

Logical that another utility will attempt to buy REG to offset climate change and credit crunch issues which might explain the occasional price spikes.

[praipus] 23/9/2008 10:40

Encouraging results over 200% increases in revenue and gross profit. Meanwhile £48m spent on developing new cash generating assets. Enough increase in revenue going forward to justify maintaining a dividend too......good news well done REG IMHO:-)

[praipus] 04/9/2008 10:17

Just added links to the operating companiess to the header







Also

23 Sept 2008 - Final Dividend Announced
23 Sept 2008 - Publication of Annual Report & Accounts

[praipus] 02/9/2008 11:44

Nice gesture and perhaps a sign of confidence in the sector.

Director Shareholding (Novera Energy)

RNS Number : 4947C
Novera Energy PLC
02 September 2008


Novera Energy plc ("the Company")

Director Shareholding

The Company was notified on 1 September 2008 that on that date David Fitzsimmons, Chief
Executive, purchased 130,000 ordinary shares in
the Company at a price of 77 pence per share. Immediately following the purchase Mr.
Fitzsimmons gifted 20,000 ordinary shares to each of
his two adult children. Following these transactions Mr. Fitzsimmons has an interest in
793,187 ordinary shares representing 0.55% of the
issued share capital of the Company.


Enquiries:

Novera Energy plc
Rory Quinlan, Chief Financial Officer 020 7845 9720

Oriel Securities Limited (Nominated Adviser)
Michael Shaw 020 7710 7600



This information is provided by RNS
The company news service from the London Stock Exchange

END

[praipus] 01/9/2008 21:45

Fascinating there is a broker out there advising sell and I dont think they looked at the Canadian website or read the the UK company RNS or the Projects in progress....amazing.

[praipus] 19/8/2008 17:13

SSE being bid for (edit:rumour) so could have a positive impact on all generators IMHO. NVE REH etc

[praipus] 11/8/2008 13:00

Planning approval granted for Goonhilly Downs (Renewable Energy Gen)

RNS Number : 0730B
Renewable Energy Generation Ltd
11 August 2008

Press Release
11 August 2008


Renewable Energy Generation Limited
("REG" or the "Group")

Planning approval granted
for repowering of Goonhilly Downs Wind Farm in Cornwall


Renewable Energy Generation Limited (AIM: RWE), the international renewable energy group,
today announces that it has received planning
approval for the repowering of its Goonhilly Downs wind farm on the Lizard Peninsular in
Cornwall.

The planning approval allows for an increase in the wind farm's current capacity from
5.6MW to approximately 15MW. By replacing all of
the existing turbines with more modern equipment, the project will harness the proven wind
resource more effectively and will provide enough
energy to supply over 7,000 homes.

The repowering of the project was originally considered by the Local Planning Authority in
May 2008 and gained significant majority
support from the committee members, having been recommended for approval by the planning
officer. However, as Goonhilly is an area of
outstanding natural beauty, it was referred to the Government Office South West which has now
confirmed that it does not consider any action
is warranted by the Secretary of State.

Subject to the anticipated full discharge of planning conditions, turbine orders will be
placed and electricity production is hoped to
begin in REG's next financial year.

Commenting on developments, Andrew Whalley, Chief Executive Officer of REG, said:

"We are absolutely delighted to have received approval for the repowering of Goonhilly.
The capacity increase will not only contribute
significantly to Cornwall's overall renewables targets, but further endorses our credentials
as a developer of even the most challenging UK
wind projects.

"Goonhilly, together with our project at Loscar in South Yorkshire, which received
planning permission last month, will significantly
increase our UK operating wind plant to around 35 megawatts."


ENDS

[lpf] 08/8/2008 12:45

It's today's trade list that's showing the trade - so either Lehman Bros held their stake for just two weeks, or someone else is building a stake almost exactly the same size, or the Lehman trade has only just been reported in the list of trades, two weeks after the actual transaction, and 3 days after the RNS. The last of these seems most likely - if it's possible.

[praipus] 08/8/2008 10:36

The RNS from 5/8/08 shows Lehman Brothers with 18%

[lpf] 08/8/2008 10:10

Anyone else's trade list showing a trade of 17% of the market cap - 18m shares?

*reels*

[gac100] 08/8/2008 08:27

... all time high

[gac100] 06/8/2008 09:30

Nice to see this hitting a new high for the year.

[gac100] 23/7/2008 18:12

Sorry, should have been more specific, it was this bit:

"actively exploring ways to capitalise on its Canadian investment and expertise"

---thanks for your views on that Praipus, you could be right. I guess why I found it slightly intriguing is that as far as I recall when RWE have referred to possible "partners" "jvs" in the past they've tended to use those kind of concrete terms, rather than opaque stuff like the sentence in the trading statement. (Could be wrong, that's just my impression from memory of reading the company reports, I haven't gone back and checked.)

[praipus] 23/7/2008 17:42

"onerous environmental" Could be refering to carbon, sulpher and nitrogen offsets that fossil fuel power generators will have to purchase or clean up costs for Nuclear.

"high fossil fuel prices" Possibly increasing cost of generation and therefore the cost of electricity. Improving wind farm developers/owners/operators ROI return on investment for stakeholders.

"actively exploring ways to capitalise" Perhaps considering options from JV, merger to takeover with a much larger player (with deep pockets) similar to Airtricity when they were taken over by SSE Scottish & Southern Energy. Win win deal Airtricy then able to build and finance windfarm development more easily SSE able to forcast company growth and increase share holder value going forward.

IMHO

[lpf] 23/7/2008 17:26

Which are the specific words you are having trouble with?

[gac100] 23/7/2008 15:46

Well, a solid pre-close trading statement.

Canadian notional pipeline up to 5500MW is nice.

Ditto the increased potential from the new Ontario RFP.

Intrigued by this:
"The renewables market is developing quickly as a result of more onerous environmental requirements allied to high fossil fuels prices. Given this, REG is actively exploring ways to capitalise on its Canadian investment and expertise."
---English translation anyone?

[gac100] 22/7/2008 17:54

Hi Praipus

Thought RWE looked interesting when it floated, but wasn't really sure about the central Europe windfarms and the management structure of the co. Main reason I didn't invest then though, was that it was unproven - even though there was a great deal of relevant experience among the directors/managers.

Having looked at it again three years on, it now looks a lot more attractive. Out of Poland, bought its management company, the UK pipeline is good, the Canadian fantastic. And they've built up a track record of getting things done quickly, on time and on budget. Cash about to start flowing from the first Canadian windfarms now too. A virtuous cycle established for expansion. So, excellent progress in the 3 years and one can really see where the business is going now - and the share price only about 15% up on the float price.

I also like the broad base of institutional shareholders and what I'm hoping will be a progressive dividend policy.

[praipus] 22/7/2008 14:25

Hi gac100,

I've got a holding in Novera NVE through Blackrock (formerly Merrill Lynch) New Energy Technology plc. BRNE.

What is it you like about RWE?

[gac100] 22/7/2008 14:08

Been looking for a home for profits from Novera, and settled on RWE. Bought some this morning.

May add more once I've seen the pre-close trading statement scheduled for tomorrow.

[praipus] 22/7/2008 13:49

Artemis selling has put the share price up!


Renewable Energy Gen Holding(s) in Company

RNS Number : 6183Z
Renewable Energy Generation Ltd
22 July 2008


Form TR-1 with annex. FSA Version 2.1 updated April 2007

For filings with the FSA include the annex
For filings with issuer exclude the annex

TR-1: Notifications of Major Interests in Shares

Renewable Energy Generation Ltd
1. Identity of the issuer or the underlying issuer Ord 10p
of existing shares to which voting rights are
attached:

2. Reason for notification (yes/no)
Yes
An acquisition or disposal of voting rights

An acquisition or disposal of financial instruments which may result in
the acquisition of shares already issued to which voting rights are
attached

An event changing the breakdown of voting rights

Other (please specify):______________
Artemis Investment Management Ltd
3. Full name of person(s)
subject to notification
obligation:
City of London Cash
4. Full name of shareholder(s) Artemis Special Situations
(if different from 3): MT Income Fund
Charities Pool (COL)
SAUL
BHS Pension Scheme
BHS Senior Management
Hampstead Heath (COL)
City of London Pension
BBC Pension Trust
First UK Bus
18th July 2008
5. Date of transaction (and
date on which the threshold is
crossed or reached if
different):
21st July 2008
6. Date on which issuer
notified:
13%
7. Threshold(s) that is/are
crossed or reached:

8: Notified Details
A: Voting rights attached to shares

Class/type of shares Situation previous to the triggering Resulting situation after
the triggering transaction
If possible use ISIN transaction
code
Number of shares Number of voting Number of shares Number of
voting rights Percentage of voting
rights
rights

Direct
Indirect Direct Indirect
GB00B0717F94 13,110,783 13,110,783 12,610,783
12,610,783 12.23%


B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument Expiration date Exercise/ conversion No. of voting rights
Percentage of voting
period/date that may be acquired
rights
(if the instrument
exercised/converted)




Total (A+B)

Number of voting rights Percentage of voting rights
12,610,783 12.23%





9. Chain of controlled undertakings through which the voting rights and /or
the financial instruments are effectively held, if applicable:


Proxy Voting:

10. Name of proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:


13. Additional information:

14 Contact name: Alistair Fleming

15. Contact telephone name: 0131 718 0411


This information is provided by RNS
The company news service from the London Stock Exchange

END

[praipus] 15/7/2008 11:37

From the oil BB

briarberry - 14 Jul'08 - 12:37 - 217 of 219


T. Boone Pickens is out to save America.



America is in a hole and it's getting deeper every day. We import 70% of our oil at a cost of $700 billion a year - four times the annual cost of the Iraq war.

I've been an oil man all my life, but this is one emergency we can't drill our way out of. But if we create a new renewable energy network, we can break our addiction to foreign oil.

On January 20, 2009, a new President gets sworn in. If we're organized, we can convince Congress to make major changes towards cleaner, cheaper and domestic energy resources.