Aegis Power bond (No 1) Plc

July 03, 2015 03:58 ET

Aegis Power Bond (No 1) Plc: Installation of first turbine


The  Directors of Aegis Power Bond (No. 1) PLC are delighted to announce the
Ballynahinch Wind Site is now completed. This is the first wind turbine to be erected by Aegis Power Plc.
The Wind Turbine is located at Ballynahinch, Northern Ireland, UK. This is the first Wind Turbine site in
the  Bond series and it is expected that this Wind Turbine will be grid connected by NIE (Northern Ireland
Electricity) who are the Distribution Network Operator (DNO) by the end of September  2015. The overall
construction took under 72 hours to complete installation, demonstrating the rapid deployment capability of
these wind turbines.

The  wind turbine is a 225kW Aegis AWT29. This turbine has an operational life of over 25 years and will
benefit  from an Operation and Maintenance contract with Aegis Wind Limited for the life of its operation.
This  will ensure a 98% availability as Aegis Wind Limited have given a guarantee in  respect of its
availability. The wind turbine will also benefit from a complete insurance package which will include all
risks, loss of income and mechanical breakdown. This will ensure maximum revenue generation. The wind
turbine will also benefit from a 24/7 Condition Management System (the only system of this type used in
this size of wind turbine). This will ensure online monitoring and efficiency.

Aegis Power Plc. have also started construction of its double 225kW Wind Site in Aberdeenshire, Scotland.
All  roads  and crane pads are in place and it is expected that foundations will be completed in the next
week. The site has a scheduled connection date of 29th September 2015.

A further eight sites are under development at present and further details of their  progress  will  be
advised  in  coming weeks. In the meantime to follow the progress of Aegis Power Plc. and Aegis Power  Bond
(No. 1) PLC. please follow us on twitter.

Further  details and photos and videos of the erection of the Wind Turbine can be found at

If you have any further queries on the recent announcement or any other queries please do not hesitate  to
contact a member of the Investor relations team.

Yours faithfully,

Rory McMullan
Managing Director

The Directors of the Issuer accept responsibility for the contents of this announcement.


Rory McMullan
Aegis Power Bond (No. 1) plc
Telephone: +44 203 059 7872

GXG Corporate Advisor
Nick Michaels and Jon Isaacs
Alfred Henry Corporate Finance Limited
Tel: +44 207 251 3762

3 July 2015

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