Renewable Energy Holdings
REH:AIM
REH Website

Current Projects;

Bryn Posteg Landfill Site
Currently producing 2MW, output being sold to EDF. A recent re-negotiation of the PPA has seen an increase from 52.10 per Mwh to 104.61 per Mwh.
The site is due to be expanded in 2009 by tapping into new cells which are currently being filled. This has the potential to more than double output to between 5 and 6MW.

Kesfeld and Kirf Windfarms
These 2 sites currently produce 40.5MW. Expansion of 6.9MW at Kesfeld will come online during 2008, bringing the combined output of the sites to 47.4MW. The PPA in place is with RWE at 83.5 per Mwh / 20 years. These sites have an estimated value of 34million.

Polish and Welsh Windfarms are under construction/negotiation.

CETO Revolutionary Wave Energy Device
Whilst still under development the company has established two strategic partnerships, one with EDF for the Northern Hemisphere and one with Carnegie for the Southern Hemisphere. Carnegie has agreed to purchase the rights to use the CETO technology for 4.75million, 750000 of this was recognised in the preliminary results, plus a licence fee of 2% of total investment for each project and an Annual Royalty of 2.5% of net earnings. EDF has invested 3million in REH as a company and has entered into a collaboration agreement with the company which gives them rights to JV the commercial roll-out of CETO in the Northern Hemisphere. Each JV will pay a 3% licence fee to the company. These deals mean that REH will have very little capital expenditure on CETO since its development is all but completed yet still receive substantial recurring revenues as Carnegie and EDF begin to develop CETO projects around the world. CETO still however remains the 100% owned intellectual property of REH. A full scale trial of CETO III is scheduled to be completed by the end of 2009, followed by a commercial roll-out across both hemispheres.

Key Dates;
1st September 2008 Half Year Results

You watching all those large blocks changing hands then mitzy !

I make that over 15% !

Ive been / still using advfn thread as its a tad more active. Glad to see we have some holders here!

I've got REH's NAV at 22,395,902 on 06.09.10

Quite exact because it takes ER of AUD into account.

Looking for financing of Poland otherwise we're dead in the water here and the board will keep chomping down their excessive pay packages and eroding shareholder value. If we can get Poland financed at attractive terms during Q1 2011 we'll be looking good, any later and we'll be in trouble.

Carnegie stake is the only reason I'm in here, but I am in for a lot, around 0.5% of REH. Should be updating my research note on REH on my website soon: GDPC Research
Current file was prior to the German wind farm sale, I was only circa 300'000 too negative on their valuation at sale!

Best of luck to all LT holders