The European Investment Bank is to provide a £500m loan to support the construction of a major new power link for the north of Scotland. The project includes a 100 mile-long subsea cable between Spittal in Caithness and Blackhillock in Moray. The new transmission link could add up to 1.2 gigawatts of new renewable energy capacity to the grid. It is being built by SSE subsidiary Scottish Hydro Electricity (SHE) Transmission. The company is investing more than £1.1bn in the project, which is due for completion in 2018.
BBC 30th March 2016 read more »
Herald 31st March 2016 read more »