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I've revisited REH recently as a potential planning permission trade, in view of MAC's ten-bagging between the start of May and latter August this year (from about a penny to over 10p), before falling back:26/08/2015 UKREG Marechale Capital PLC Northfield UK Solar Update "Further to the Company's announcement on 21 August, the Directors of Marechale Capital are pleased to announce that Kettering Borough Council has granted planning permission for Northfield UK Solar Limited's ("Northfield") 49.9MW solar scheme at Desborough.The Company has a 26% equity shareholding in Northfield and this solar scheme.The Secretary of State’s Decision Letter of 20 November 2015 OVERRULED the recommendation of the Examining Authority (Ex A) Philip Asquith, in his report dated 20 August 2015, who conducted the examination into the application. The Ex A recommended that the Secretary of State grants development consent for the Development in the form set out in his report." also looks to have very good potential as an energy shell, with its large tax losses, and Utilico's near 30% holding - so the main creditor has a vested interest in keeping REH going in some form.
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..." long-awaited final planning permission decision on REH's 81-89.1MW Mynydd y Gwynt wind farm is due by the 20th of this month, and I believe that the likelihood of approval is very good: "What happens next 20/11/2015 - Deadline for Secretary of State to make decision The Planning Inspectorate issued a report of recommendation to the Secretary of State on 20 August 2015.
The Secretary of State has 3 months in which to issue a decision.
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