Renewable Energy Generation Share Discussion Threads

[praipus] 07/12/2008 20:41

Infrastructure back on the Private Equity buy list

[praipus] 05/12/2008 11:59

Interesting presentation

[praipus] 14/11/2008 10:50

Would have thought Canadian $ move would be positive for NAV here

[orm5] 04/11/2008 21:11

Just wondered as not seen any RNS indicating change in holding

[praipus] 04/11/2008 13:40

Dunno, how can you find out? Does it matter?

Over 70% of the stock held by institutions anyway. Recent sales of wind farm assets go at significant multiples to asset value so I cant see they would have any touble selling.

[orm5] 04/11/2008 12:48

What happened to Lehmans stake ?

[praipus] 04/11/2008 10:35

amazing SSE announce they have sold 50% of the Great Gabard project, which they bought for £40m (allegedly according so SSE BB), for £308 m to RWE-Innogy (no-relation to REG/RWE.L). To my mind thats quite a good return for SSE and should lift the sector and Wind Farm valuations in general however REG/ RWE goes down.....what have I missed?

[praipus] 14/10/2008 17:15

Lehman's 18.3% no longer showing as a significant holding, noticed today in the FT that Nomura have taken over some of Lehmans business not sure if this is connected or not.

[praipus] 10/10/2008 19:29

Become a dividend investor!

[praipus] 09/10/2008 15:02

Feel obliged to say that REG is nothing to do with "RWE npower" mentioned in the ofgem report.

[praipus] 03/10/2008 15:59

OK so as soon as you attemp to trade it(CMC-CFD) reverts to market.

[praipus] 03/10/2008 15:16

Something odd here CMC bid/offer is £1.21-£1.28...market £1.06-£1.07.

[praipus] 02/10/2008 17:43

Anyone shorting this?

[praipus] 02/10/2008 13:59

Lehman Brothers International (Europe) 18,951,288 £20,656,904

[praipus] 02/10/2008 13:24

Praipus - 8 Aug'08 - 10:36 - 16 of 34 edit

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

[praipus] 01/10/2008 11:37

For news flow on REG best to check their website in the UK and Canada

[praipus] 26/9/2008 15:31

I had deliberately left the RWE news flow out of the header to avoid this sort of misunderstanding. I have now reinstated NEWs in the header with a WARNING that its flow includes RNS etc from both companies the LSE:RWE (REG) and XE:RWE (the huge German company that owns nPower and owned Thames Water etc).

[gac100] 26/9/2008 13:57

I'm sorry but they are two entirely different corporate entities, not even a jv, or minority stake in each other. If they do have a relationship it has entirely escaped me ... but then perhaps I'm just silly and you can put me out of my misery by telling me what exactly it is.

[asparks] 26/9/2008 13:13

dont be silly

[gac100] 26/9/2008 11:28

What is it then?

[asparks] 26/9/2008 11:26

yes there is

[praipus] 26/9/2008 11:22

asparcs are you aware there is no relation between RWE Innogy/RWE AG and REG/RWE?

[asparks] 26/9/2008 10:38

RNS Number : 3886E
Helius Energy Plc
26 September 2008




26 September 2008

RWE Innogy to acquire biomass to power
project from Helius Energy

Biomass-to-power company Helius Energy Plc ("Helius Energy" or the "Company") is pleased
to announce the sale of its Stallingborough
renewable power project to RWE Innogy UK (RWE Innogy), a wholly owned subsidiary of RWE AG.

Under the terms of the agreement, RWE Innogy will acquire 100% of Helius Energy Alpha Ltd
("Helius Alpha"), a wholly owned subsidiary of
Helius Energy, which owns the rights for the development and operation of a gross capacity
73MWe (65MWe declared net capacity) renewable
electricity plant at Stallingborough in North East Lincolnshire. The total amount payable
under the transaction documents is £28.14
million.

Of this, £22.5 million is payable immediately on completion and a £1.4 million 5%
retention is payable 12 months following completion
(assuming no valid warranty claims in this period). A future amount of £0.24 million pursuant
to an acquisition of land agreement is also
payable. In addition, RWE Innogy has also funded Helius Alpha as to £4 million and procured
that Helius Alpha will use those funds to clear
intercompany loans with Helius Energy. The Company expects that the profits on disposal will
be £20 million.

In addition, Helius Energy will receive 13% of the yearly profit after tax over the first
24 years of operation, providing the Company
with an ongoing revenue stream and the opportunity to benefit from future improvements in
performance and market conditions.

Helius has also signed a Technical Services Agreement with RWE Innogy to provide ongoing
support to ensure the plant is delivered as per
the proposed project timetable. This agreement is valid for 4½ years during which time Helius
will be remunerated at commercial rates.

RWE Innogy will invest around EUR260 million in developing the new plant and
Helius Energy will continue to be directly involved in the construction, implementation
and start-up phases.


The Stallingborough project received consent under Section 36 of the Electricity Act
earlier this year. RWE Innogy and Helius Energy
plan to develop additional biomass projects together in the UK.

Managing Director of Helius Energy John Seed said:

"I am delighted that Helius Energy has achieved exactly what it set out to do when it
listed last year. This deal provides us with the
funds to continue our strong and steady progress towards the development of a pipeline of
biomass energy projects, as well as an ongoing
revenue stream. We look forward to working with RWE Innogy and exploring ways to exploit the
obvious synergies between our respective
organisations in the future."

Prof. Fritz Vahrenholt, CEO of RWE Innogy said:

"This transaction enables us to enter the British biomass market successfully. Overall, we
intend to increase the generation of
electricity and heat from solid biomass almost five-fold to 600 MWe by 2011. Great Britain is
an extremely important market for these growth
plans. This is why I am particularly happy that we have found a competent and experienced
local partner with Helius Energy."

Preparations for the construction of the Stallingborough plant will begin shortly and it
is expected to be in operation by 2011. It will
be fuelled by wood residuals or forest biomass. The majority of the required feedstock will be
contractually secured on a long-term basis
from a UK supplier. RWE is currently conducting talks with companies who may be interested in
using the thermal output of the plant.

Helius Energy will use the proceeds of the sale to pay down existing debt facilities of
£2.5 million and to fund its pipeline of future
projects, in particular for the roll out of Helius Energy's 65MWe and 5 MWe 'Greenswitch'
projects. In addition, the company is in the
process of securing the rights to a site in the west of England for its next major renewable
electricity plant and expects to start the
formal consenting process by Q2 2009.

The Company expects to have, net cash of £20m, following the completion of the disposal
and the pay down of the Company's existing debt
facilities.


For more information contact:

Helius Energy plc Tel: [phone]
John Seed, Managing Director

Matrix Corporate Capital Tel: [phone]
Louis Castro
Anu Tayal

Gavin Anderson & Company Tel: [phone]
Kate Hill
Robert Speed
Ken Cronin

RWE Innogy
Barbara Woydtke (Germany) Tel: [phone]
Stephen Tindale (UK) Tel: [phone]


NOTES TO EDITORS:

The Helius Group was established to install and operate biomass fired renewable
electricity generation plants. These will help meet the
growing need for reliable power from renewable fuels that help to overcome the issues of
climate change associated with fossil fuels like
coal and oil. The management team has over 50 years collective experience in the energy,
manufacturing, biomass and agribusiness sectors,
with extensive knowledge of renewable energy markets, biomass energy technologies and related
economics.

RWE Innogy is RWE's subsidiary for renewable energies. Currently, we are operating approx.
620 MW of wind power capacity, including 60
MW offshore. Additionally, our portfolio comprises approx. 600 MW of hydropower and 113 MWel
or 809 MWth from biomass. We are especially
strong in Germany, followed by Great Britain. We also have a reliable basis in Spain, France,
Portugal and the Czech Republic that we are
seeking to extend. We plan, build and operate plants to improve the CO2 balance of the Group
and to secure the energy supply to millions of
people for the future.

RWE npower is a leading integrated UK energy business. It generates electricity and
supplies gas, electricity and related services to
around 6.8 million customers through its retail business. The company owns operates and
manages a flexible portfolio of power stations and
has more than 15 years experience developing and delivering CHP projects.


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

END

[asparks] 26/9/2008 10:38

RNS Number : 3886E
Helius Energy Plc
26 September 2008




26 September 2008

RWE Innogy to acquire biomass to power
project from Helius Energy

Biomass-to-power company Helius Energy Plc ("Helius Energy" or the "Company") is pleased
to announce the sale of its Stallingborough
renewable power project to RWE Innogy UK (RWE Innogy), a wholly owned subsidiary of RWE AG.

Under the terms of the agreement, RWE Innogy will acquire 100% of Helius Energy Alpha Ltd
("Helius Alpha"), a wholly owned subsidiary of
Helius Energy, which owns the rights for the development and operation of a gross capacity
73MWe (65MWe declared net capacity) renewable
electricity plant at Stallingborough in North East Lincolnshire. The total amount payable
under the transaction documents is £28.14
million.

Of this, £22.5 million is payable immediately on completion and a £1.4 million 5%
retention is payable 12 months following completion
(assuming no valid warranty claims in this period). A future amount of £0.24 million pursuant
to an acquisition of land agreement is also
payable. In addition, RWE Innogy has also funded Helius Alpha as to £4 million and procured
that Helius Alpha will use those funds to clear
intercompany loans with Helius Energy. The Company expects that the profits on disposal will
be £20 million.

In addition, Helius Energy will receive 13% of the yearly profit after tax over the first
24 years of operation, providing the Company
with an ongoing revenue stream and the opportunity to benefit from future improvements in
performance and market conditions.

Helius has also signed a Technical Services Agreement with RWE Innogy to provide ongoing
support to ensure the plant is delivered as per
the proposed project timetable. This agreement is valid for 4½ years during which time Helius
will be remunerated at commercial rates.

RWE Innogy will invest around EUR260 million in developing the new plant and
Helius Energy will continue to be directly involved in the construction, implementation
and start-up phases.


The Stallingborough project received consent under Section 36 of the Electricity Act
earlier this year. RWE Innogy and Helius Energy
plan to develop additional biomass projects together in the UK.

Managing Director of Helius Energy John Seed said:

"I am delighted that Helius Energy has achieved exactly what it set out to do when it
listed last year. This deal provides us with the
funds to continue our strong and steady progress towards the development of a pipeline of
biomass energy projects, as well as an ongoing
revenue stream. We look forward to working with RWE Innogy and exploring ways to exploit the
obvious synergies between our respective
organisations in the future."

Prof. Fritz Vahrenholt, CEO of RWE Innogy said:

"This transaction enables us to enter the British biomass market successfully. Overall, we
intend to increase the generation of
electricity and heat from solid biomass almost five-fold to 600 MWe by 2011. Great Britain is
an extremely important market for these growth
plans. This is why I am particularly happy that we have found a competent and experienced
local partner with Helius Energy."

Preparations for the construction of the Stallingborough plant will begin shortly and it
is expected to be in operation by 2011. It will
be fuelled by wood residuals or forest biomass. The majority of the required feedstock will be
contractually secured on a long-term basis
from a UK supplier. RWE is currently conducting talks with companies who may be interested in
using the thermal output of the plant.

Helius Energy will use the proceeds of the sale to pay down existing debt facilities of
£2.5 million and to fund its pipeline of future
projects, in particular for the roll out of Helius Energy's 65MWe and 5 MWe 'Greenswitch'
projects. In addition, the company is in the
process of securing the rights to a site in the west of England for its next major renewable
electricity plant and expects to start the
formal consenting process by Q2 2009.

The Company expects to have, net cash of £20m, following the completion of the disposal
and the pay down of the Company's existing debt
facilities.


For more information contact:

Helius Energy plc Tel: [phone]
John Seed, Managing Director

Matrix Corporate Capital Tel: [phone]
Louis Castro
Anu Tayal

Gavin Anderson & Company Tel: [phone]
Kate Hill
Robert Speed
Ken Cronin

RWE Innogy
Barbara Woydtke (Germany) Tel: [phone]
Stephen Tindale (UK) Tel: [phone]


NOTES TO EDITORS:

The Helius Group was established to install and operate biomass fired renewable
electricity generation plants. These will help meet the
growing need for reliable power from renewable fuels that help to overcome the issues of
climate change associated with fossil fuels like
coal and oil. The management team has over 50 years collective experience in the energy,
manufacturing, biomass and agribusiness sectors,
with extensive knowledge of renewable energy markets, biomass energy technologies and related
economics.

RWE Innogy is RWE's subsidiary for renewable energies. Currently, we are operating approx.
620 MW of wind power capacity, including 60
MW offshore. Additionally, our portfolio comprises approx. 600 MW of hydropower and 113 MWel
or 809 MWth from biomass. We are especially
strong in Germany, followed by Great Britain. We also have a reliable basis in Spain, France,
Portugal and the Czech Republic that we are
seeking to extend. We plan, build and operate plants to improve the CO2 balance of the Group
and to secure the energy supply to millions of
people for the future.

RWE npower is a leading integrated UK energy business. It generates electricity and
supplies gas, electricity and related services to
around 6.8 million customers through its retail business. The company owns operates and
manages a flexible portfolio of power stations and
has more than 15 years experience developing and delivering CHP projects.


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

END