The first sale of land at the FEZ is complete with Holbeach-based business AJS Control & Automation now able to start work on their new development.
First business development at the South Lincolnshire Food Enterprise Zone
Work gets underway on new state-of-the-art pathology lab
Lincoln press release distribution service acquired by US firm
Black Sheep signs deal as Jet2.com supplier
Masham-based Black Sheep Brewery is to be a supplier of in-flight drinks to Jet2.com, which is based down the road in Leeds.
Packaged in new 330ml cans, Black Sheep Ale will be available on Jet2.com’s new In-Flight Summer menu.
Black Sheep Brewery was set up in 1992 by Paul Theakston, who took a leap into the unknown as a fifth generation brewer of his family company, he left in the wake of its sale to a national brewery. Instead, he chose to champion independent brewing in Yorkshire and built his own brewery from reclaimed equipment in the very same town, Masham – making him the Black Sheep of the family.
Federation of Small Businesses calls on Government to act and save access to cash
New partnership aims to highlight inward investment opportunities in North Yorkshire
New appointments to support post-COVID drive for York-based Continuum Attractions Group
Octopus Renewables Infrastructure Trust acquires stake in Lincs Offshore Wind Farm
Octopus Renewables Infrastructure Trust has entered into an agreement to acquire a 7.75% ownership interest in the Lincs Offshore Wind Farm (Lincs).
Lincs, located off the east coast of England, has been operational since 2013 and benefits from the UK’s ROC regime, receiving 2 ROCs per megawatt hour of electricity generation during the first 20 years of operation.
It has an installed capacity of 270MW, made up of 75 turbines each of 3.6 MW spread across c. 35 square kilometres. Lincs is operated and managed by Ørsted, the largest energy company in Denmark and a leading developer and operator of offshore wind farms in the UK and globally.
Completion of the acquisition is expected to take place during Q2 2022 (subject to receipt of consents from existing investors and lenders). Following completion of the transaction, Lincs will represent approximately 10% of the company’s portfolio on a gross asset value basis.
Phil Austin, chairman of Octopus Renewables Infrastructure Trust, said: “Our investment into Lincs is ORIT’s first into an operational offshore wind farm, and will provide us with an additional revenue generating asset, that benefits from the favourable ROC subsidy regime and gives ORIT further portfolio diversification. The acquisition will also strengthen ORIT’s relationships with leading investors and operators in the offshore sector.“
York’s historic Guildhall restored and transformed
- high quality (business) office, meeting, conference and events space
- availability for community, civic and council use
- a café
- a new riverside restaurant
- access for visitors and local residents