The Scottish National Investment Bank has provided a £30 million loan for the expansion of Aberdeen Harbour, the largest marine infrastructure project in the UK.
Just months from being operational, the harbour will provide more land and water access for offshore developers and play a vital role delivering the supply chain benefits of the recently announced ScotWind leasing round.
Aberdeen’s Energy Transition Zone will be located adjacent to the South Harbour development. Together they will create a critical mass of offshore engineering experience to drive transition and maintain north-east Scotland as a centre of energy excellence.
Eilidh Mactaggart, the bank’s chief executive, said the South Harbour project will deliver “a high-specification facility which will shape industry in Aberdeen for decades to come” and provide valuable space, as well as water access, for both offshore wind supply chain providers and offshore wind developers.
The expanded port has been designed to accommodate larger, wider, and deeper vessels, while providing land-side facilities for the expansion of the offshore wind industry.