The Highland port of Ardersier has employed Neptune Infrastructure Associates, led by former Orsted exec Hamish Yates, to create an “power transition hub”.
Port proprietor Haventus, itself backed by personal fairness participant Quantum Vitality Companions, is looking for to rework the previous oil and fuel fabrication yard for floating offshore wind manufacturing.
Neptune Infrastructure Associates, an asset administration agency arrange by Yates this yr, has received a “vital contract” with Haventus “growing its industrial technique and assist remodel the port into an power transition hub over the approaching years”.
Foundations for floating wind is the primary goal for Ardersier, which has already signed agreements with developer BW Ideol.
Neptune stated this contract signifies a “vital step ahead” to boost future prospects for Ardersier and “maximise industrial viability for builders and Authentic Gear Producers (OEMS) in Northern Europe”.
Whereas at Orsted, Mr Yates led growth of the massive Hornsea 1 and Hornsea 2 windfarms and sat on the agency’s UK board.
Lewis Gillies, CEO of Haventus, stated: “Our engagement with Neptune Infrastructure Associates is a strategic transfer to optimise Ardersier Port’s potential as a hub for renewable power initiatives, together with the 30GW arising from the Scotwind leasing spherical and different offshore wind alternatives within the North Sea.
“With their assist, we’re assured in our means to additional refine our industrial technique and create a transition facility that builds on Ardersier’s proud historical past, helps the Highlands economic system, and contributes to the UK’s offshore wind power targets and decarbonisation priorities.”
Ardersier is a former McDermott oil and fuel yard which constructed a few of the North Sea’s most iconic constructions earlier than closing in 2001.
Haventus lately took possession and has introduced in £300m of personal fairness capital.
Hamish Yates stated: “We’re thrilled to have the chance to work with Haventus in realising their bold redevelopment plans for Ardersier Port.
“With out vital funding into UK port infrastructure, there can’t be a well timed power transition. This collaboration underscores our dedication to driving accelerated financial growth and value-creation in renewable power.”
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