Renewable Power & Light (RPL) plc was created in 2006 to build a substantial independent power producer (IPP) through the acquisition of low-cost conventional power generation assets that can be easily converted to use renewable fuels. To do this, RPL has put together a world-class management team consisting of skilled power generation engineers and senior power utility executives with a proven track record of rehabilitating economically distressed power assets and managing portfolios of power assets.

When running its power plants on biodiesel and aggregating available renewable energy credits and incentives, RPL plc believes it has identified an opportunity to turn power assets that have become unprofitable due to the high price of gas and petroleum diesel, into assets that produce profits for shareholders.

In the first instance, RPL plc will acquire conventional dual-fuel power plants in the United States within a power output range of 50MW and 150MW.These power plants will be run on renewable fuels.