Planning consent for 8.3MW solar farm in Cornwall

RNS Number : 6957R

Good Energy Group PLC

30 October 2013

 



30^th October 2013

Good Energy Group plc announces planning consent for 8.3MW solar farm in Cornwall

Good Energy Group plc ("Good Energy" or "the Group"), the AIM quoted renewable electricity supplier, is pleased to announce that planning consent has been granted on an 8.3 MW solar site near St Austell in Cornwall.

Juliet Davenport, OBE, Founder and CEO of Good Energy commented:

'Each solar farm that gains consent gives the potential for more renewable electricity to be produced here in the UK. The sites will see benefits to local people via a community fund and the surrounding environment with a bespoke ecological plan. The Directors are considering the options for the delivery of this project, including financing and sale options.'

Enquiries:

Good Energy Group plc Juliet Davenport, Chief Executive Garry Peagam, Group Finance Director	Tel. [phone]
N+1 Singer (Nominated Adviser and Broker) Andrew Craig / Ben Wright	Tel: [phone]

Notes to editors

·      Good Energy is a licensed electricity supplier. It ensures that all of its customers' demand is 100% matched with electricity from renewable sources over the course of 12 months, backed by Renewable Energy Guarantee of Origin certificates (REGOs).  To compare the fuel mix of other suppliers please visit: www.electricityinfo.org/suppliers.php 

·      This announcement means that the Group now has a cumulative total of 52.5MW of solar approved this year to date

·      Good Energy Group plc is listed on the AIM market of the London Stock Exchange. For more information please visit: www.goodenergygroup.co.uk 

·      Good Energy's first corporate bond, which it promoted to its customer base, reached the £15 million maximum subscription on 24th October 2013, three weeks ahead of schedule www.goodenergy.co.uk/bond

·      Good Energy has over 35,000 renewable electricity customers. In 2008, Good Energy added a Gas product to its range. It now has over 12,000 gas customers.

·      Good Energy works with a community of over 55,000 small and medium scale renewable electricity generators.

·      Good Energy is the owner of Delabole Wind Farm, the UK's first commercial wind farm. It has targeted the development of 110MW of capacity of new renewable electricity generation assets by 2016.

·      Good Energy is a founder member of Ethex and the Social Stock Exchange.

·      Good Energy has recently won a number of awards and accolades, including:

-       Good Energy has come top in the latest Which? Customer Satisfaction Survey for energy suppliers in 3 of the last 4 years.

-       Good Energy won the Company of the Year Award in the British Renewable Energy Awards 2013

-       In 2013, Good Energy was named as the best green electricity supplier by the UK's leading ethical and environmental magazine, Ethical Consumer.

 

END

 

 

MSCBIBDGIDDBGXC