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Karen Adam is now the MSP for Banffshire and Buchan Coast

This web site will no longer be updated save to correct errors.


20 April 2010

Stevenson Hails Renewables Jobs Boost For Peterhead

Banff & Buchan MSP Stewart Stevenson has warmly welcomed the Scottish Government’s announcement that Peterhead is to benefit from just under £1.5 million of European Regional Development Funding (ERDF). The money will be used to support the construction of a new facility for renewables infrastructure at Peterhead Harbour and help create 50 new jobs.

Peterhead was recently named by Scottish Enterprise as one of Scotland’s key planned infrastructure hubs for the offshore renewable industry and this development will form an important part of creating that. It will form part of the wider Energetica project, an ambitious public-private partnership being driven by Scottish Enterprise on behalf of Aberdeen City and Shire Economic Future to position the North East as the next generation global energy hub.

Commenting, Mr Stevenson said:

“This is fantastic news for Peterhead and the surrounding area and is a significant step towards putting Banff & Buchan at the centre of Scotland’s rapidly growing offshore renewables industry.

“Scotland has 25% of Europe’s offshore wind and wave potential and 10% of its offshore tidal energy potential. Nobody should be in any doubt about the vast economic benefits that we have the opportunity to secure.

“The jobs that this funding will create are a tremendous boost to the local economy, and I am delighted that the SNP Government has again delivered for people in Banff & Buchan. It is a substantial sum of money which will help to attract more businesses to Peterhead and see the area’s economy grow significantly.”

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