Infinis Energy plc – the renewables company chaired by former Scottish & Southern Energy chief executive Ian Marchant – has formally welcomed the ‘no’ vote in Scotland’s Independence referendum.
The London stock-market listed company – which aims to generate some 7% of the country’s renewable electricity – said in a note to British investors: “This outcome preserves the status quo of an integrated UK energy market and the UK-wide applicability of the RO-legislative framework in support of continued investment in renewable energy.
“Meanwhile, we continue to make good progress with both the A’Chruach and Galawhistle projects, with the former remaining on track to complete contract and project finance facilities in the coming weeks. A further announcement will be made in due course.”
Marchant is also Chairman of the Edinburgh-based Scotland 2020 climate-change consortium.