Welcome to REH
Renewable Energy Holdings plc is a renewable energy company which concentrates on wind assets in the UK and continental Europe.
The company owns a 30% shareholding in ASX listed Carnegie Wave Energy (CWE) and this entitles REH to two seats on the Board.
The REH executive team believe in the following:
Shareholder return should be the driver for investment in the execution of a sustainable business model integrating good corporate governance.
Investing in renewable energy is a sustainable business which can produce good returns given the product provides a valuable contribution to addressing three primary economic and geo-political concerns –
- Rising fossil fuel prices - only two billion of the six billion global population are material consumers of fuel. As this increases with global wealth creation, fossil fuel supply will become increasingly stretched and a long term upward price pressure will be maintained.
Even at $40/bbl oil most renewable energy is competitive
- Energy security of supply - increasingly gas and oil are supplied from or via less politically stable countries than historically was the case.
Renewable energy delivers an indigenous energy supply.
- Climate change - whether or not climate change is going to be catastrophic, man will not ignore the possibility which will take generations to conclude.
Renewable energy for the large part provides carbon free power at the point of generation.