Share’s fair

Scottish and Southern Energy has invested £750,000 in Edinburgh-based Green Highland Renewables in return for a one-third share of the company.

Scottish and Southern Energy (SSE) has invested £750,000 in Green Highland Renewables Limited in return for a 33.3 per cent share of the company.

Edinburgh-based Green Highland Renewables develops small and medium-sized hydroelectric schemes throughout the UK, and focuses primarily on providing advice and solutions to land owners and community groups.

Dave Gardner, head of ventures at SSE, said: ‘Hydroelectricity is part of SSE’s heritage and we continue to look for opportunities to develop large-scale schemes like our 100MW project at Glendoe.

‘But small-scale hydro has an important role to play in fully developing renewable energy in rural areas, for the benefit of communities and land owners. Green Highland Renewables provides us with a strong small hydro offering and SSE is able to provide the knowledge and expertise that comes from operating hydroelectric power stations for 60 years.’