Feb 12 (Reuters) - Good Energy Group PLC:
* GOOD ENERGY GROUP - ACQUISITION & VENDOR PLACING
* GOOD ENERGY GROUP PLC - ENTERED INTO A CONDITIONAL BINDING
AGREEMENT TO ACQUIRE ENTIRE ISSUED SHARE CAPITAL OF JPS
RENEWABLE ENERGY LTD
* GOOD ENERGY GROUP PLC - ACQUISITION IS ON A DEBT-FREE,
CASH-FREE, BASIS FOR AN INITIAL CONSIDERATION OF £7.0 MILLION
* GOOD ENERGY GROUP PLC - PROPOSED DEAL FOR FURTHER DEFERRED
CONSIDERATION OF UP TO £6.75 MILLION
Further company coverage: GOODG.L
((Reuters.Briefs@thomsonreuters.com;))