REG says January agreement for a £20m general revolving credit facility with HBOS means its UK and Canadian operations are currently well funded while long-term project finance is being finalised.
The company now has 11 operating wind farms totalling 61 megawatt (MW) capacity, and a further 50MW of wind projects that will move into construction later in 2009. It also has a 6MW plant which runs on vegetable oil.
REG