Burges Salmon is pleased to announce that its long-standing client MeyGen has secured the funding from The Crown Estate and the Scottish Government for the first phase of its Pentland Firth tidal renewable energy project.
The MeyGen project, which is the largest tidal scheme to have been consented in Europe, will ultimately consist of up to 400 Megawatts of generating capacity, enough energy to power 400,000 homes. The project is situated in approximately 3.5km2 of the Inner Sound of the Pentland Firth off the north coast of Scotland between Caithness on the Scottish mainland and the Island of Stroma.
The Burges Salmon Renewables team has advised MeyGen on all of the key project documents including the formulation and negotiation of the entire construction contract package for the on and offshore works, and the power offtake arrangements.
MeyGen CEO, Dan Pearson, said: 'Burges Salmon has played a central role in bringing the development to fruition.”
Ross Fairley, Burges Salmon’s head of Renewables, said: 'We are delighted that MegGen has secured this funding. The Pentland Firth project is one of the most significant tidal schemes in the world, and we are pleased to have advised MeyGen throughout the process. We look forward to working with MeyGen on the continued development of the Pentland Firth project.”
Dan Pearson continued: 'We are grateful to Burges Salmon for all of the advice it has provided from the outset of this project. We very much look forward to building on this long-lasting relationship with Ross and his team.'
Burges Salmon has a wealth of experience in the marine renewable energy sector, with credentials in both the wider energy and offshore renewables fields.
For further information on this, please see the MeyGen website.