Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.


In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.


We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

 Information  X 
Enter a valid email address

Novera Energy PLC (NVE)

  Print      Mail a friend

Thursday 22 November, 2007

Novera Energy PLC

Financial Close for Wind Farm

Novera Energy PLC
22 November 2007

22 November 2007

Novera signs contracts and achieves financial close for its wind farm at Lissett

Following planning agreement with the local planning authority in July and the
expiry of the 90 day objection period, Novera Energy, one of the leading listed
independent UK renewable energy companies is pleased to announce that it has
entered into contracts for the Power Purchase Agreement, the Engineering,
Procurement and Construction (EPC) Contract and the Debt Facility for its wind
farm at Lissett Airfield.

Construction is programmed to start later this year with generation targeted to
begin during Q4 2008. The total cost of the project will be £37.7m.

The EPC contract has been granted to Nordex UK for the supply, construction and
commissioning of twelve 2.5 MW N90 wind turbines, increasing the capacity at
Lissett from the originally projected 24 MW to 30 MW. Nordex has been developing
wind turbines for 22 years and currently has more than 3,100 turbines installed
with a total rated output of more than 3,530 megawatts in 34 countries. The N90
has a 90-meter rotor and achieves its full nominal output even at relatively low
wind speeds, ensuring that high yields across the entire wind spectrum can be
achieved at inland locations.

Under the debt facility Fortis Environmental Finance led by the Fortis Energy
and Utilities team in London has fully underwritten the £31.5 million of limited
recourse debt facilities over a 16.5 year term for the project. Fortis has
placed more than EUR 2.2 billion in over 60 renewable energy projects, and is a
market leader in this field.

The Power Purchase Agreement has been completed with Scottish and Southern
Energy to take all the electricity generated by the wind farm at competitive

David Fitzsimmons, CEO of Novera, said: "The financial close of the Lissett
project and the signing of contracts with well known major suppliers marks a
major milestone for Novera. It demonstrates our capability to get consent and
develop and finance larger wind farms. It marks a significant step towards our
goal of having 250 MW from wind power by 2011. In addition, we remain on track
to submit planning applications for three further wind farms, with a total
capacity of approximately 70 MW, by year-end."

For further information:

Novera Energy plc                             Tel: +44 (0) 20 7845 9720
Rory Quinlan, Chief Financial Officer

Oriel Securities Limited (Nominated Adviser)  Tel: +44 (0) 20 710 7600   
Adrian McMillan / Michael Shaw

Gavin Anderson & Company                      Tel: +44 (0) 20 7554 1400
Ken Cronin / Kate Hill / Michael Turner


Notes to Editor

About Novera

Novera is a leading independent UK renewable energy group, with a portfolio of
landfill gas, waste and wind assets and projects.  The Company has 122 MW of
renewable power generation at 58 sites across the UK and is developing a
portfolio of wind farms with a target capacity of 250 MW by 2011.

Novera received planning approval to build a 30 MW wind farm on the former RAF
Airfield near Lissett, south of Bridlington in February 2007 followed by full
planning consent in July. During the Second World War, Lissett was the base for
158 Squadron RAF, a Halifax bomber squadron. As a reminder of this time, Novera
will erect a memorial and name the turbines after the Halifax bombers that flew
from the Airfield.

                      This information is provided by RNS
            The company news service from the London Stock Exchange

a d v e r t i s e m e n t