Jun 20, 2013 - UK company Renewable Energy Generation Ltd (LON:WIND), or REG, said Wednesday its 6-MW wind facility at Burnthouse Farm in Cambridgeshire, southeastern England had started operations.
The three-turbine wind farm is expected to produce 14.5 GWh of electricity per year, as much as is needed to power over 3,000 households, REG estimates.
The company further said that it had bought a 500-kW turbine for its project at High Down in Cornwall, southern England that is to be constructed under the UK government's feed-in tariff and is scheduled to come online early next year.
In addition, REG expects to complete the sale of its 4-MW operational wind facility at Orchard End in Lancashire, northwestern England, to US investment group BlackRock (NYSE:BLK) later this year after closing financing for the facility with the Co-Operative Bank. REG struck a long-term strategic partnership with BlackRock in January, under which it sold two wind farms totalling 16 MW to the investment group and said it planned to offload another 4-MW facility in the spring.
At the moment REG has nine projects with a combined capacity of some 78 MW in the planning system and aims to submit plans for another 56 MW of projects by the end of June, according to the announcement.