Company Information for Renewable Energy Holdings Plc

Company stock charts - 12 Month chart

AIM; REH View full financial data

Company Statement

Renewable Energy Holdings Plc is an International Company established to be an operator of, and undertake active investment in, both proven and innovative renewable energy technologies.

The Company was incorporated in the Isle of Man (Company Number 111938C) on 8 October 2004 and listed on the London Stock Exchange’s AIM Market in February 2005.

Company Diagram

CETO trials

Operations and Technology

Wave Energy
CETO is the first wave power converter to sit on the seabed, where it is invisible, safe from storms and ocean forces, and self contained. Unlike other wave energy technologies that require undersea grids and costly marine qualified plant, CETO requires only a small diameter pipe to carry high pressure seawater ashore to either a turbine to produce electricity, or to a reverse osmosis filter to produce fresh water. 

The CETO IP is held by Renewable Energy Holdings Plc (‘REH’), listed on the London Stock Exchange’s AIM Market. ASX-listed Carnegie Corporation Ltd is the technology developer and will own and operate CETO wave farms throughout the Southern Hemisphere. REH will JV with EDF EN on Northern Hemisphere wave farms.

Wind Energy
REH currently owns two windfarm sites in Germany, Kesfeld and Kirf.

Kesfeld and Kirf currently produce 40.5MW and another 6.9MW will be in production at Kesfeld during 2008, this will bring total production for Germany to 47.4MW.

Below is a summary of the Kesfeld and Kirf Windfarms:

Kesfeld & Kirf Windfarms
Location SW Germany
Size 40.5 MW (currently)
 
Price £34 million
Vendor Enxco - Subsidiary of EDF Energy Nouvelles SA
 
Turbine Supplier Siemens Bonus 1.3 MW & 2.3 MW (Mark I & Mark II) & Repower 2 MW
 
PPA RWE €83.5 / 20 years
O & M Enxco GmbH, Hamburg, Germany
 
Status Operational
 
Financing 77% SCB
 
Est. Production 95000 MWH
Est. Income Gross £5 million

Bio-Energy (Landfill Gas)
Bryn Posteg Wales
History:
Since March 2003 electricity generation from landfill gas has been undertaken at Bryn Posteg Landfill Site, Llanidloes, Wales. Currently the methane extraction plant is capable of producing 2MW.
 
An Operations and Maintenance Agreement is in place with Finning Power Systems operating a Caterpillar generator-set.

Project Expansion:
The short term plan for this site is to optimise the current production by tapping into mature cells. Expansion of new wells due in 2009.
 
Long term goal is to tap into cells which are currently being filled, this has the potential to increase production to 5/6MW.

PPA (Power Purchase Agreement) in place with EDF Energy (UK). 

Geographical Spread

Germany

Australia

Wales

Board of Directors and Key Management

Sir John Baker KB CBE	Chairman
Mike Proffitt FCA	Chief Executive Officer
Alan Burns	Non-Executive Director
Jeffrey Harding	Non-Executive Director
Wayne Keast BCompt	Non-Executive Director
Ian Gribble	Finance Director
Dr. Jannie Retief	Operations Director

Company Address Adam House 7 - 10 Adam Street The Strand London, United Kingdom WC2N 6AA Telephone: +44(0) 1624 641199 Facsimile: +44(0) 1624 641198 Email: mail[at]reh-plc.com Website: http://www.reh-plc.com

Additional Address/Key Contact Isle of Man  IOMA House Hope Street Douglas Isle of Man IM1 1AP

Capital 61,958,669 ordinary shares of 1 pence each with voting rights

Annual General Meeting 4th July

Year End 31 December

Nominated Brokers Panmure Gordon & Co. plc Moorgate Hall 155 Moorgate London EC2M 6XB

Nominated Advisors Nabarro Wells & Co.Ltd Saddlers House Gutter Lane London EC2V 6HS

Major Shareholders

Chase Nominees Ltd	12,156,434	19.62
Roy Nominees Ltd	8,000,000	12.91
Morstan Nominees Ltd	6,795,866	10.97
The Bank of New York (Nominees) Ltd	6,795,666	10.97
LBPB Nominees Ltd	4,710,417	7.60
HSBC Global Custody Nominees (UK) Ltd	3,615,751	5.84
Vidacos Nominees Ltd	2,859,698	4.62

Related News

18/06/08 - Strategic Partnerships Underscore The Potential Of Renewable Energy Holdings’ Wave Technology
25/05/07 - Renewable Energy Holdings’Unique Wave Power Technology Progressing Well

Most Recent Statement

02/06/08 - Standard Chartered Bank credit facility extended
22/05/08 - Annual Report and Accounts
18/05/08 - Research of Prospective CETO Site
27/04/08 - Unaudited preliminary results for the year ended 31 December 2007
09/04/08 - Trading update
02/09/07 - Board Appointment