On-site wind developer Wind Direct has achieved financial close on a project to install a 1.5 MW wind turbine for a Scottish manufacturer of ‘christmas trees’ used in the extraction of subsea oil and gas.
Dunfermline-based FMC Technologies will receive green electricity direct from a single 100-metre high wind turbine for the next 25 years, beginning in autumn of this year.
The company employs over 650 people in Fife, Aberdeen and Glasgow.
In achieving financial close, a turbine supply agreement (TSA) has been signed with Spanish turbine manufacturer Acciona, with investment by Triodos Renewables and funding byTriodos Bank.
Construction at the site is expected to commence in May.
Dan Neelon, Well Completion Systems manager for FMC Technologies said: ‘As a manufacturing business, we have a responsibility to reduce our carbon emissions, and as a major employer within Fife we are committed to providing sustainable employment for our employees.
‘With fixed price, green electricity taking us well into the next decade, the Wind Direct project allows us to achieve both of these goals at once.’
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