Plutus Powergen gains planning permission for a further 20MW flexible power generation site in the UK

Obtains Planning Permission for 20MW Flexible Stand-by Power Generation Site

Plutus PowerGen has announced that it has received planning permission for a 20MW flexible stand-by power generation site in Crumlin, South Wales. This achievement demonstrates the positive progress being made in respect to developing the Company’s project pipeline, which comprises sites with over 700MW of power generation capacity in the UK.

The Company also has seven further planning permission applications for sites capable of producing 120MW at various stages in the planning process.

With planning permission now obtained for the site in Crumlin, preparations for the civil construction phase of the project can now commence. It is expected that power generation will begin in 2016. Importantly, this means the Crumlin 20MW site is eligible to tender to provide future power capacity in the UK capacity mechanism auction in 2015.

Phil Stephens, CEO said “This is further good news for us and we look forward to updating the market on the progress of our pipeline in due course.”

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