Untitled Document

Scottish small hydro developer receives investment for growth

A US$5.27 million investment from the Scottish Equity Partner's Environmental Energies Fund will allow hydropower developer Green Highland Renewables to continue expanding its business.

Green Highland Renewables says the funding, which also came in part from investing firm Scottish Enterprise, will be used for its "growing pipeline of hydro generation sites as well as servicing the increasing demand it is experiencing from clients for consulting, project management, and operation and maintenance services."

The company was founded in 2007 and specializes in the development of run-of-river projects that range in capacity from 100 kW to 2 MW.

"This injection of capital means, in addition to servicing demand from our existing clients, we can actively seek out new clients potentially requiring help with site development," says Ian Cartwright, managing director. "These schemes, once completed, can provide landowners with long-term, relatively risk-free income."

HydroWorld.com reported in August 2008 that Scottish and Southern Energy (SSE) had acquired a 33% stake in the Perth-based company.

Related Articles

Small Hydro

The latest news on global small hydroelectric facilities from July-August 2015

Southeast Asia Goes Small

Southeast Asia is home to some large hydropower projects currently under development, but it...

Dewey Lakes, River Mill and Prairie du Sac join Hydro Hall of Fame

Representatives for three facilities inducted into the Hydro Hall of Fame received their awa...

Union Group acquires Peru's 5.3-MW Canchayllo small hydropower plant

The Union Group has acquired the 5.3-MW Canchayllo hydropower project in Peru as part of an ...

Recent Comments




Hydro Slideshows

more slideshows >>  

Hydro Whitepapers

Industry News

Editor's Picks

06/01/2015
Volume 34, Issue 5
07/01/2015
Volume 23, Issue 4

Buyers Guide Products