Business leaders welcome developer’s £7.1m borders windfall

June 13, 2012 | Quixwood Moor News

Business leaders have praised responsible developer Bank Renewables for its plans to offer £7.1million worth of contracts to local companies in the Borders.

The company hopes to create a 14 turbine wind farm at Quixwood Moor between Grantshouse and Abbey St Bathans in Berwickshire – and has pledged to give as much work as possible to local firms.

Now Banks Renewables has announced plans for a ‘Meet the Buyer’ event and is inviting local businesses to find out more about the project while registering their services.

Ged Gowans, Director of Borders Chambers of Commerce, said: “We are delighted to welcome events like this to the Borders as we know how much value this could bring to local businesses and inject into the wider local economy.

“It also opens up an opportunity for companies to work on renewable projects which is a great thing, as the industry is growing and will increasingly need local contractors who have experience.

“This Meet the Buyer event which will be an excellent opportunity for local companies to put themselves at the front of the queue when it comes to winning work, should the wind farm development win planning permission.”

Hamilton-based Banks Renewables submitted a planning application to Scottish Borders Council earlier this year.  As part of its development with care approach, the company is committed to working with communities where it has projects, to ensure they see long-term benefits.

Fiona Turnbull from the Building and Construction Industry Forum also praised the company for its forward-thinking approach. She added: “This kind of event gives local construction companies a great chance of winning work in an ever growing sector.

“It’s definitely something that businesses should consider attending as the opportunities are the kind that may not come up again.”

The Meet the Buyer event is the first in Scotland organised by Banks Renewables and comes after a similar event in Cumbria proved popular. More than 30 local businesses including Hanson Concrete and Lumsden Carroll all showed strong interest at the English event.

Phil Dyke, Development Director at Bank Renewables said:  “This is an excellent opportunity for contractors to find out more about the project and how they can be part of it. But it’s also a chance for them to get an insight into what kind of company we are.

“Our development with care philosophy is fundamental to everything we do. It’s important we have a partnership with a local community, so that local families and businesses see real, long-term benefits.

 “By offering these contracts to local businesses we are well on our way to doing that. Our approach will not only help to create local jobs but could also lead to further income coming into the area through things like local supply chain.

“This type of opportunity will be extremely important to businesses in the Borders over the next ten years.  With the prospect of many other wind farms being built, we are providing an initial chance for companies to work on a renewable project which will stand them in good stead for any future projects that may come into the area.”

Opportunities will be created across multiple sectors with the bulk of the £7.1m of contracts in balance of plant, including construction, waste solutions, fabrication and aggregates.

However, Banks Renewables estimates a further £2m worth of indirect benefits will enhance the local economy, including food suppliers, pubs, hotels, B&Bs, haulage firms, delivery companies and caravan providers.

At the event, company owners and operators will meet both the procurement team and the construction team from Banks Renewables. Those who register interest will earn the chance to be added to a Tenders short list. If the project wins planning approval, those on the list will be invited to bid for work.

The project at Quixwood could generate up to 32.3MW of energy, enough to meet the annual energy needs of 19,400 homes and would remove 54,200 tonnes of CO2 annually from the atmosphere that would be released if the electricity was generated by non-renewable means.

Power generated by wind farms will help Scotland continue to enjoy the constant, reliable energy supply modern life demands – and such wind farms have already reduced the nation’s reliance on fossil fuels imported from unstable overseas markets.

Banks Renewables is part of the Banks Group (www.banksgroup.co.uk), a family firm founded in 1976, which now employs 380 people in the renewable energy, property and mining sectors.

For further information please select the following link –  http://www.banksgroup.co.uk/wp-content/uploads/2012/06/Meet-The-Buyer-Event-Leaflet.pdf

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