PRESS RELEASE
16 MARCH 2009
RAMCO ENERGY PLC
(“Ramco” or the “Company”)
SeaEnergy Renewables Limited - Operational Update
Ramco Energy plc (“Ramco” or the “Company”), the Aberdeen based energy investment company, is pleased to provide an update on SeaEnergy Renewables Limited (“SeaEnergy”), its 80% owned subsidiary.
Highlights:
- Formation of consortium for UK Round 3 with EDP Renewables SA ("EDPR")
- EDPR are the world’s fourth largest wind energy company
- UK Round 3 Offshore Wind farm bids submitted
- Appointment of Dan Finch as Executive Director of SeaEnergy
EDPR, the world’s fourth largest wind energy company, and SeaEnergy, the Scottish based marine renewables development company, announced today, at the European Wind Energy Conference and Exhibition in Marseille, the formation of a consortium, which has submitted bids to The Crown Estate in the third offshore wind farm leasing round in the UK (“UK Round 3”).
EDPR is part of the EDP Group, Portugal’s largest industrial group and one of Europe’s main energy companies. EDPR’s installed capacity increased four-fold between 2005 and 2007, placing the Company among the top three in the world in terms of industry growth.
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ENQUIRIES:
Ramco Energy plc Tel: 01224 748480
Steven Bertram: Managing Director
Ambrian Partners Limited Tel: 020 7634 4700
Andrew Craig / Richard Swindells
College Hill Tel: 020 7457 2020
Nick Elwes
Ramco Energy plc
Britannia House
Endeavour Drive
Arnhall Business Park
Westhill
Aberdeenshire
AB32 6UF
United Kingdom
Tel: +44 (0)1224 748480
Fax: +44 (0)1224 748481