Burges Salmon’s team of cleantech lawyers have advised Artemis Technologies on a new facility in Belfast Harbour, which will house the engineering team designing the world’s first zero-emissions automated catamaran.
The new facility will provide a base for Artemis engineers to build a constant-speed city-to-city passenger (and ultimately cargo) vessel which requires no fossil fuels, offers unlimited range, and will have a top speed of 50 knots (approx. 60mph) and cruising speed of 30 knots (approx. 35mph) in any condition.
Burges Salmon has advised on a number of foreign direct investments in clean technology in Northern Ireland in recent years, including a first-of-its-kind lending portfolio of 2,000 rooftop solar assets, the acquisition and disposal of one of Northern Ireland’s largest wind farms and the acquisition and development of a 198 acre solar park in County Antrim.
Partner Ross Fairley says: “It’s great to be working hand in glove with innovators like Artemis to achieve their state-of-the-art projects. It fits perfectly with our sector expertise and commitment to working in the low carbon energy and connected and autonomous mobility areas.”