NEWS

Pictured: Stuart Wallace, Chief Executive Officer, Forth Ports with Deputy First Minister, Kate Forbes on board the Tug boat Camperdown Photos by Jamie Simpson/Forth Ports STRICTLY EMBARGOED UNTIL 11AM 12TH DECEMBER 2024 FOR IMMEDIATE RELEASE – 12 December 2024 Forth Ports announces £50 million investment in Leith having secured gamechanger contract with Inch Cape Forth Ports, the UK’s third largest port operator, announces today (12 December 2024) a £50 million private investment in infrastructure at the Port of Leith having secured its largest ever offshore wind contract, the delivery of the 1.1 gigawatt (GW) Inch Cape Offshore Wind Farm. This latest investment in infrastructure at the Port of Leith will enhance the port’s marine access, infrastructure and vessel assets and includes plant and equipment that will be used to deliver Inch Cape. It will also create up to 50 new and upskilled green energy jobs to support the project. Forth Ports’ agreement with Inch Cape, to be sited off the Angus coast, will utilise the port operator’s bespoke facilities and expertise at newly created renewable energy hubs at both the Port of Leith and Port of Dundee. Visiting the Port of Leith today, Deputy First Minister, Kate Forbes, said: “Investment in key sectors such as Scotland’s ports can reap rewards. This is why the Scottish Budget commits £150 million to the offshore wind infrastructure and supply – to attract private investment such as this announcement from Forth Ports. “Supported by Forth Green Freeport incentives, the Leith Renewables Hub will bring well-paid green jobs and ensure Scotland is best placed to develop a world leading renewables sector while progressing to net zero. “The Scottish Government’s Green Industrial Strategy identifies how we can work better, smarter and quicker to create an investor-friendly environment and seize the many opportunities for green growth which lie ahead. This is a great example of how this has been achieved.” Today’s Leith announcement follows a decade of private investment, during which time Forth Ports has created the land, quayside and skills capacity, which has not previously existed in Scotland, to deliver very large offshore wind contracts. Stuart Wallace, Chief Executive Officer, Forth Ports said: “Inch Cape represents a very significant milestone for Forth Ports as it is the largest offshore wind contract ever to be awarded to our business. When it goes live, Inch Cape will have a significant impact on Scotland’s energy transition as the country drives to achieve net zero carbon emissions. “Our strategy is to create and build the renewables hubs ahead of market demand and we have achieved this in Dundee and Leith. Coupled with other specialist facilities delivered by Forth Projects, this creates an unrivalled prime position for Forth Ports to deliver large offshore wind projects. “We have a clear vision and today we commit to investing a further £50million in Leith, from our own resources, to support Inch Cape and future renewables projects.” David Webster, Commercial Director at Forth Ports, said: “Today’s announcement is a gamechanger for Forth Ports and the Scottish offshore wind market. We have created world class renewables hubs in Dundee and Leith and solved the challenge of local content by locating at ports near the construction sites, creating high quality local green jobs and local supply chains while securing work for future generations.” Forth Projects – Forth Ports’ in-house logistics division – will handle Inch Cape’s monopile and jacket foundations at the Port of Leith. The specialist pre-assembly and marshalling of the wind farm’s 72 turbines – comprising 72 nacelles, 216 blades and 72 towers - will be undertaken by Vestas in the Port of Dundee (Dundee was previously announced as a hub for Inch Cape in 2022). John Hill, Inch Cape Project Director, said: “Through our substantial contract with Forth Ports, Inch Cape is pleased to be the catalyst for a major infrastructure investment that will not only benefit our own project but also those Scottish projects that are to follow. The utilisation of these two east coast ports – Leith and Dundee – for our offshore construction, will also facilitate significant opportunities with our Tier 1 contractors for the wider Scottish supply chain.” Leith and Dundee were chosen after a competitive selection process due to their proximity to the project site off the Angus coast, coupled with the first-class storage and assembly capacity and purpose-built offshore renewables quayside facilities. The £50 million investment is the second phase of delivery of the vision behind the 175-acre Leith Renewables Hub which also forms part of one of the strategically located tax sites within the Forth Green Freeport. Once completed in 2027, Inch Cape – one of Scotland’s largest offshore wind farms – will generate enough green energy to power half of Scotland’s homes. It will feature state-of-the-art Vestas 15 megawatt (MW) turbines, the tallest ever deployed in Scottish waters at a height of 274m (20m taller than Arthur’s Seat in Edinburgh) and a new onshore substation now under construction on the brownfield site of the former Cockenzie Power Station, East Lothian. Ends 12 December 2024 Media enquiries: Callum Spreng 07803 970103 Spreng Thomson callum@sprengthomson.com Debbie Johnston 07532 183811 Spreng Thomson debbie@sprengthomson.com Notes to Editors About the Port of Leith: The Leith Renewables Hub (LRH) is the re-development of a 175- acre site for offshore wind deployment and renewables manufacturing. The hub’s heavy lift renewables berth capability of up to 100 tonnes per square metre (t/m2) has been named the Charles Hammond berth and was completed over the summer with the capability to accommodate the largest offshore vessels in the world. The LRH will support Scotland’s economic recovery, energy transition plans and the achievement of the country’s net zero carbon emissions targets. The LRH is the proposed location for the Vestas blade manufacturing plant and also forms one of the strategically located tax sites within the Forth Green Freeport which opened for business in June 2024. About The Port of Dundee: An investment programme in Dundee of over £40m, has created a purpose-built renewables quay securing the port’s future in offshore renewable energy. The total quayside available at this specific part of the port is 485m long. The quayside and the deep water of the Tay allows large semi-submersible heavy transport vessels (HTVs) or wind installation vessels (WIVs) to berth in the port. Dundee is currently the wind turbine hub for the construction of EDF Renewables’ and ESB’s major offshore wind farm, Neart na Gaoithe (NnG), which achieved first power in October. About Forth Ports: Forth Ports Limited owns and operates eight commercial ports in the UK – Tilbury on the Thames, Dundee on the Firth of Tay and six on the Firth of Forth – Leith, Grangemouth, Rosyth, Methil, Burntisland and Kirkcaldy. Within and around the Firths of Forth and Tay, Forth Ports manages and operates an area of 280 square miles of navigable waters, including two specialised marine terminals for oil and gas export and provides other marine services, such as towage and conservancy. www.forthports.co.uk @forthports Inch Cape Offshore Limited is the developer of the 1080MW Inch Cape Offshore Wind Farm, located in the North Sea, 15 kilometres from the Angus coast on a site covering 150 square kilometres. It will feature up to 72 wind turbines and a single offshore substation and the power it generates will be transported 85 kilometres via export cables to a new substation being built on the East Lothian coast at the site of the former Cockenzie Power Station. From there it will enter the national transmission network at an existing connection point. ICOL is owned equally in a 50:50 joint venture by ESB and Red Rock Renewables. www.inchcapewind.com Photos by Jamie Simpson/Forth Ports

Forth Ports announces £50 million investment in Leith

Forth Ports, the UK’s third largest port operator, announced a £50 million private investment in infrastructure at the Port of Leith having secured its largest ever offshore wind contract, the delivery of the 1.1-gigawatt (GW) Inch Cape Offshore Wind Farm.

This latest investment in infrastructure at the Port of Leith will enhance the port’s marine access, infrastructure and vessel assets and includes plant and equipment that will be used to deliver Inch Cape. It will also create up to 50 new and upskilled green energy jobs to support the project.

Forth Ports’ agreement with Inch Cape, to be sited off the Angus coast, will utilise the port operator’s bespoke facilities and expertise at newly created renewable energy hubs at both the Port of Leith and Port of Dundee.

Upon visiting the Port of Leith, Deputy First Minister Kate Forbes, said: “Investment in key sectors such as Scotland’s ports can reap rewards. This is why the Scottish Budget commits £150 million to the offshore wind infrastructure and supply – to attract private investment such as this announcement from Forth Ports.

“Supported by Forth Green Freeport incentives, the Leith Renewables Hub will bring well-paid green jobs and ensure Scotland is best placed to develop a world leading renewables sector while progressing to net zero.”

The Leith announcement follows a decade of private investment, during which time Forth Ports has created the land, quayside and skills capacity, which has not previously existed in Scotland, to deliver very large offshore wind contracts.

“Inch Cape represents a very significant milestone for Forth Ports as it is the largest offshore wind contract ever to be awarded to our business,” Stuart Wallace, Chief Executive Officer, Forth Ports, said. “When it goes live, Inch Cape will have a significant impact on Scotland’s energy transition as the country drives to achieve net zero carbon emissions.

“Our strategy is to create and build the renewables hubs ahead of market demand and we have achieved this in Dundee and Leith. Coupled with other specialist facilities delivered by Forth Projects, this creates an unrivalled prime position for Forth Ports to deliver large offshore wind projects.

“We have a clear vision and today we commit to investing a further £50 million in Leith, from our own resources, to support Inch Cape and future renewables projects.”

“This announcement is a gamechanger for Forth Ports and the Scottish offshore wind market,” David Webster, Commercial Director at Forth Ports, said. “We have created world class renewables hubs in Dundee and Leith and solved the challenge of local content by locating at ports near the construction sites, creating high quality local green jobs and local supply chains while securing work for future generations.”

Forth Projects – Forth Ports’ in-house logistics division – will handle Inch Cape’s monopile and jacket foundations at the Port of Leith. The specialist pre-assembly and marshalling of the wind farm’s 72 turbines – comprising 72 nacelles, 216 blades and 72 towers – will be undertaken by Vestas in the Port of Dundee (Dundee was previously announced as a hub for Inch Cape in 2022).

“Through our substantial contract with Forth Ports, Inch Cape is pleased to be the catalyst for a major infrastructure investment that will not only benefit our own project but also those Scottish projects that are to follow,” John Hill, Inch Cape Project Director, said. “The utilisation of these two east coast ports – Leith and Dundee – for our offshore construction, will also facilitate significant opportunities with our Tier 1 contractors for the wider Scottish supply chain.”

Leith and Dundee were chosen after a competitive selection process due to their proximity to the project site off the Angus coast, coupled with the first-class storage and assembly capacity and purpose-built offshore renewables quayside facilities. 

The £50 million investment is the second phase of delivery of the vision behind the 175-acre Leith Renewables Hub which also forms part of one of the strategically located tax sites within the Forth Green Freeport. Once completed in 2027, Inch Cape – one of Scotland’s largest offshore wind farms – will generate enough green energy to power half of Scotland’s homes. It will feature state-of-the-art Vestas 15 megawatt (MW) turbines, the tallest ever deployed in Scottish waters at a height of 274m (20m taller than Arthur’s Seat in Edinburgh) and a new onshore substation now under construction on the brownfield site of the former Cockenzie Power Station, East Lothian

You can read more of the latest from the world of Marine here.