Independent Power and Renewable Electricity Producers
Company Overview of Renewable Energy Holdings plc
Renewable Energy Holdings plc owns and operates on-shore wind farm in the United Kingdom. The company owns an 81MW wind farm project in Wales, as well as developing a wind farm at Kobylany in Poland. The company is headquartered in Douglas, the United Kingdom.
Douglas, IM1 1AP
Key Executives for Renewable Energy Holdings plc
Chief Operating Officer and Director
Compensation as of Fiscal Year 2016.
Renewable Energy Holdings plc Key Developments
Renewable Energy Holdings plc's Ordinary Shares To Be Cancelled From AIM
May 3 16
Trading on AIM for Renewable Energy Holdings plc's ordinary shares of 1 pence each, fully paid have been cancelled from May 3, 2016 7:00am pursuant to AIM Rule 1.
Renewable Energy Holdings plc Announces Amendment of Loan and Loan Facility
Dec 24 15
Renewable Energy Holdings plc announced that on 22 December 2015 it agreed with Utilico to amend the maturity dates on its loan with Utilico Investments Limited, originally dated 31 July 2009 and subsequently amended, and its loan facility with Utilico, originally entered into on 5 February 2014 and subsequently amended. The maturity dates of the Outstanding Loans have been amended from 31 December 2015 to 31 March 2016. All other terms remain the same as previously announced. The amount drawn down at present from the Loan Facility of £4.25 million is £4.22 million and the 2009 Loan is fully drawn. The purpose of the Extension is to allow time for the Company to lodge an application for a Judicial Review of the Secretary of State's decision, which disregarded the Planning Inspectorate's recommendation, and so refused consent to the Mynydd y Gwynt wind farm, as announced on 20 November 2015.
Renewable Energy Holdings plc Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2015
Sep 30 15
Renewable Energy Holdings plc reported unaudited consolidated earnings results for the six months ended June 30, 2015. For the period, the company reported loss from operations of £291,000 against £224,000 a year ago. Loss before income tax was £774,000 against £633,000 a year ago. Loss for the period from continuing operations was £774,000 against £633,000 a year ago. Loss attributable to owners of the parent was £801,000 against £711,000 a year ago. Loss per basic and diluted share attributable to the equity holders of the parent during the period was 1.11 pence against 0.91 pence a year ago. Net cash used in operating activities was £303,000 against £245,000 a year ago. Purchased of property, plant and equipment was £531,000 against £300,000 a year ago. The group made a loss from operations slightly higher than the previous year and partly due to the appointment in December 2014 of a full time finance director (now outsourced again).
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