The development of the Airfield windfarm is proposed by Nuon, a Netherlands based producer, distributor and supplier of energy. In the UK it is represented by Nuon UK Ltd.

Two different newsletters produced by the company for general information for local residents should be read: -

NUON UK LTD

Nuon UK Ltd is a UK registered company (reg. no. 03446477).

The Registered Office is in Penzance.

Owns Parc Cynog Wind Farm Ltd.

Owns Ecowind 2002 Ltd.

Has 33% interest in Blyth Offshore Wind Ltd.

Made a post tax loss of £270,823.

Has loans from groupcompanies of £4,506,056.

Has shareholder funds of £279,309.

Is reliant upon funding from its parent company for it to continue as a going concern and that this support will continue for the foreseeable future.

Has 11 employees.

NV NUON

NV Nuon is a very large Dutch energy business.

Extracts from its annual accounts to 31.12.04 reveal:

Turnover of €4,938m. Net profit after tax of €387m.

Shareholders equity of €4.749m.

9441 employees.

The turnover by product was: electricity - €2,545m; gas - €1,539m; heat, water and others - €854m

Its Shareholders are Dutch provincial and municipal authorities.

It has recommended "going private".

Its proposed dividend to its shareholders was €106m.

It has a dividend policy of paying 45% of its post tax profits to shareholders with the objective of at least €45m per annum.

It is the largest energy supplier, by customer numbers, in the Dutch market and services approximately 33% of the Netherlands.

It has an expansion policy in Belgium and Germany.

It wishes to increase the proportion of 'green' supply in its fuel mix (but the proportion fell in 2004).

That the incentive measures to promote the use of renewable energy in the Netherlands have now been abandoned.

It is facing major uncertainty in its Dutch market due to Government proposals to force "unbundling" i.e. Separate out the production and supply from the grid business of the Dutch energy companies.

It disconnected 7800 customers in 2004.

It has a provision of €33m for possible soil pollution obligations.

For further information:

www.nuon.com

www.companieshouse.org.uk

Energy4All

Energy4All was formed in September 2002. Prior to that it operated as Community Energy Management Co. Ltd and, originally, as Wind Energy Management Co. Ltd.

www.energy4all.co.uk/index.php