UK-based energy transition facilities company Haventus has secured a £100 million (US$127 million) joint credit facility from the Scottish National Investment Bank and UK Infrastructure Bank with £50 million (US$63 million) investment from each.
The financing follows a £300 million (US$380 million) capital commitment announced in 2023 by energy investment firm the Quantum Capital Group, when Haventus began the redevelopment of Ardersier Port east of Inverness in Scotland.
The facility will be used to help create significant infrastructure facility to support industrial-scale deployment of fixed and floating offshore wind. Haventus has taken a final investment decision and construction has now begun on the site.
The project also entails the development of a new 650-metre quay wall and associated quayside.
Haventus said Ardersier Port is ideally located to support offshore wind developers and manufacturers of offshore wind components and equipment. As a tax site within the Inverness and Cromarty Firth Green Freeport, Ardersier Port will offer a 180-hectare site with quayside access and suitable infrastructure for marshalling, integration, manufacturing, and assembly of offshore wind components.
Haventus said it will be the largest dedicated offshore wind deployment port facility in Scotland, capable of hosting and supporting gigawatt scale projects.