U and I Group PLC Planning consent secured at Hendy Wind Farm (5849F)
30 October 2018 - 6:00PM
UK Regulatory
TIDMUAI
RNS Number : 5849F
U and I Group PLC
30 October 2018
30 October 2018
U and I Group PLC
U+I secures planning consent at Hendy Wind Farm
U+I (LSE:UAI), the specialist regeneration developer and
investor, announces it has secured planning approval for its Hendy
Wind Farm, having been recovered for determination by the Welsh
ministers, which will support delivery of its full year GBP5-7
million development and trading gains target.
Matthew Weiner, Chief Executive of U+I, commented:
"Having exchanged on Bryn Blaen Wind Farm earlier in the year,
we have now secured planning permission to build out Hendy Wind
Farm. Although wind farms are not a core part of our strategy, this
has provided an opportunity to use our expertise in securing
planning and creating value through building out the wind farm, to
deliver on our FY gains target."
ENDS
For further information, please contact:
U+I
Nicola Krafft
+44 (0) 20 7828 4777
ir@uandiplc.com
Camarco (Financial PR Adviser)
Geoffrey Pelham-Lane / Hazel Stevenson / Tom Huddart
+44 (0) 20 3757 4985 / 4989 / 4996
uandi@camarco.co.uk
About U+I
U+I is a specialist regeneration developer and investor.
With a c.GBP9.5 billion portfolio of complex, mixed-use,
community-focused regeneration projects including a GBP145.7
million investment portfolio, we are unlocking urban sites
bristling with potential in the London City Region (within one
hour's commute from Central London), Manchester and Dublin. We
exist to create long-term socio-economic benefit for the
communities in which we work, delivering sustainable returns to our
shareholders.
To find out more, visit www.uandiplc.com or follow us
@uandiplc
LEI number: 213800HTEQQEIOGR5A58
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END
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