23 May '11, 8am

SSE wind turbine venture ties up Skykon purchase

A new venture backed by the UK's largest renewable energy generator has acquired Skykon's troubled wind turbine manufacturing plant in Campeltown as part of a private-public partnership designed to boost the offshore wind supply chain. Wind Towers, a joint venture between Scottish and Southern Energy (SSE) and Marsh Wind Technology, confirmed on Friday that it has bought the Machrihanish-based factory from administrators Ernst & Young, after being granted preferred bidder status for the sale in March. FURTHER READING Sustainable business market to hit $60bn by 2013 RBS and Natwest create £50m green fund for farmers Regional development agency Highlands and Islands said it has also agreed to invest £3.4m in the facility, and Argyll and Bute Council is committing to a £12m infrastructure upgrade to the local port and roads. SSE chief executive Ian Marchant said the deal was ...

Full article: http://www.businessgreen.com/bg/news/2072748/sse-wind-tur...

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