REH owns a 22% stake in Australian marine technology group Carnegie Wave Energy, for which it will seek “a strategic investor”.
The Isle of Man-based group has two wind developments on its books, which it also plans to sell.
One is the 81MW Mynydd y Gwynt project in Wales, for which REH expects to seek planning consent later this year.
The company says of the Welsh wind farm: “Subject to the granting of the permits, this is a first class project of significant size and value, and during the planning review period it will be pre-marketed to qualified buyers.”
