WELCOME to scotsman.com’s Scottish Business Briefing. Every morning we bring you a comprehensive round-up of all news affecting business in Scotland today.
ENERGY & UTILITIES
Aggreko’s global reach extended by African deals
TEMPORARY power specialist Aggreko has secured a ground-breaking $250 million (£162m) deal to set up a plant supplying both South Africa and Mozambique, helping to plug electricity shortages in both countries (Scotsman).
Chillwind is close to deal with partner
Renewable energy firm Dulas yesterday said it was in advanced talks to purchase Highlands-based Chillwind, which specialises in meteorological masts (http://www.scotsman.com/business/energy-and-utilities/chillwind-is-close-to-deal-with-partner-1-2341308|Scotsman|Scotsman}).
Pay revolt threat to Melrose executives
MELROSE Resources faces a revolt on executive pay at its annual general meeting today in the latest expression of investor unease about boardroom pay levels, dubbed the shareholder spring (Herald).
Trump’s hated wind farm could ‘help save £45bn’
AN OFFSHORE wind farm opposed by US tycoon Donald Trump could help cut the cost of renewable energy production by £45 billion, MSPs have been told. Swedish electricity firm Vattenfall is facing strong opposition from Mr Trump over its proposed European Offshore Wind Deployment Centre (EOWDC) off the coast of Aberdeen (Scotsman).
Blackadders continues trend for consolidation
TAYSIDE law firm Blackadders is to swoop into the Edinburgh market with the takeover of McKay Norwell, continuing a run of consolidation in Scotland’s legal sector (Scotsman).
MEDIA & LEISURE
Firm steers right course
Cruise Loch Ness said yesterday it had expanded its fleet to five with the purchase of the Caledonian Spirit cruise boat (P&J).