Port of Nigg
Big jobs win for Scotland as plans unveiled for £110m offshore wind tower factory.
Located at the Port of Nigg, the factory is expected to support more than 400 direct jobs in manufacturing once it is fully operational, providing reskilling opportunities for oil and gas workers.
Global Energy Group (GEG), which owns the Cromarty Firth site, announced today that is has struck a deal with Haizea Wind Group, a leading offshore wind tower manufacturing specialist, to build the £110 million state-of-the-art facility.
Nigg Offshore Wind (NOW) will be a 450 meter long, 38,000 m2 factory, capable of rolling steel plate to supply towers, which will weigh in excess of 1,000 tonnes each.
It will also be able to manufacture other products for the booming offshore fixed and floating wind industry in the UK and abroad.
Subject to successfully achieving financial close, the NOW factory will receive substantial financial backing totalling £15m in debt from SSE Renewables.
Cash will also come from Sequoia Economic Infrastructure Income Fund and global wind and solar company Mainstream Renewable Power.
The latter will become a strategic partner in the long-term development of the facility.
Funding is expected too from the Scottish Government, through the Highlands and Islands Enterprise (HIE), and the UK Government, via the offshore wind manufacturing investment support scheme (OWMIS).
Westminster funding is subject to the completion of ongoing due diligence. Energy Voice - link - Hamish Penman - link - more like this (Scotland) - link - more like this - link
Global Energy Group (GEG), which owns the Cromarty Firth site, announced today that is has struck a deal with Haizea Wind Group, a leading offshore wind tower manufacturing specialist, to build the £110 million state-of-the-art facility.
Nigg Offshore Wind (NOW) will be a 450 meter long, 38,000 m2 factory, capable of rolling steel plate to supply towers, which will weigh in excess of 1,000 tonnes each.
It will also be able to manufacture other products for the booming offshore fixed and floating wind industry in the UK and abroad.
Subject to successfully achieving financial close, the NOW factory will receive substantial financial backing totalling £15m in debt from SSE Renewables.
Cash will also come from Sequoia Economic Infrastructure Income Fund and global wind and solar company Mainstream Renewable Power.
The latter will become a strategic partner in the long-term development of the facility.
Funding is expected too from the Scottish Government, through the Highlands and Islands Enterprise (HIE), and the UK Government, via the offshore wind manufacturing investment support scheme (OWMIS).
Westminster funding is subject to the completion of ongoing due diligence. Energy Voice - link - Hamish Penman - link - more like this (Scotland) - link - more like this - link
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