Latest news with #RoyMacGregor
Yahoo
01-08-2025
- Business
- Yahoo
Council hails importance of port after sale to Japanese investor
Highland Council has hailed the importance of the Port of Nigg to the region's economy after ownership of the facility formally changed hands. The multi-sector energy port forms part of the Inverness and Cromarty Firth Green Freeport - a partnership of public and private sector organisations, including The [[Highland Council]], which aims to ensure the Cromarty Firth and wider region becomes a major global hub for green energy, delivering transformational benefits to Highland communities and the decarbonisation agenda. The Port of Nigg has been sold by Global Energy Group (GEG) to Mitsui Group, a Japanese trading and investment group which has been an investor in GEG since 2012 and which will now drive the next stage of development at Nigg. Highland Council praised the contributions made by businessman Roy MacGregor, who bought the Nigg yard in 2011, and Global Energy Group, and wished the new owners continued success. READ MORE: Ross County chairman sells chunk of business empire to Japanese giant Major business survey reveals 'standout' view on 'Scottish visa' Scotch whisky chief pays price as global turmoil hits industry Highland Council leader Raymond Bremner said: 'Roy MacGregor and the Global Energy Group have established an outstanding facility which has been integral to the establishment of the Inverness and Cromarty Firth Green Freeport and which has led the way in supporting the country's energy transition. 'The legacy they leave is a substantial one - significant inward investment and jobs for the Highlands. 'We wish the new owners every success as they drive the next stage of development at Nigg, building on the solid foundations which have delivered long-term, secure, skilled employment.' Highland Council convener Bill Lobban said: 'Green energy continues to offer hope and opportunity for present and future generations to develop a highly skilled career without having to leave the region. 'Though under new ownership, we have no doubt the port will continue to innovate and grow as Scotland's energy transition continues apace, and Nigg will continue to be a tribute to all that Roy has achieved to date.'
The Herald Scotland
01-08-2025
- Business
- The Herald Scotland
Council hails importance of port after sale to Japanese investor
The Port of Nigg has been sold by Global Energy Group (GEG) to Mitsui Group, a Japanese trading and investment group which has been an investor in GEG since 2012 and which will now drive the next stage of development at Nigg. Highland Council praised the contributions made by businessman Roy MacGregor, who bought the Nigg yard in 2011, and Global Energy Group, and wished the new owners continued success. 'The legacy they leave is a substantial one - significant inward investment and jobs for the Highlands. 'We wish the new owners every success as they drive the next stage of development at Nigg, building on the solid foundations which have delivered long-term, secure, skilled employment.' Highland Council convener Bill Lobban said: 'Green energy continues to offer hope and opportunity for present and future generations to develop a highly skilled career without having to leave the region. 'Though under new ownership, we have no doubt the port will continue to innovate and grow as Scotland's energy transition continues apace, and Nigg will continue to be a tribute to all that Roy has achieved to date.'
BBC News
30-07-2025
- Business
- BBC News
Japanese investor completes takeover of Port of Nigg
A Japanese investor has completed its takeover of a port in the Energy has sold the Port of Nigg and its fabrication arm to minority investor Mitsui for an undisclosed site, in Easter Ross on the Cromarty Firth, is seen as vital to the expansion of offshore wind and is a leading part of one of Scotland's two green port has received about £120m of investment, including some public funding, in the past 14 years to upgrade its facilities. Mitsui took a 25.5% stake in Global Energy, owned by businessman Roy MacGregor, in Tokyo-based firm brings specialism in engineering, energy, shipping and port company said it hoped to further expand manufacturing capacity and infrastructure for both the on and offshore markets after completing the deal. Highlands and Islands Enterprise announced a £10m investment in the port in March to create a new heavy-duty the time, the deputy first minister, Kate Forbes, described it as a "catalyst for further investment".Nigg received its green freeport status in January 2023, alongside Forth freeports are able to offer tax incentives and lower tariffs within the zones they they have commitments to meeting net zero targets and supporting fair work February, HMRC gave it permission to have some of its own customs arrangements, meaning taxes and certain duties on goods arriving do not have to be paid.
Ottawa Citizen
24-05-2025
- General
- Ottawa Citizen
Community Builders: Riverkeeper Gala
A soft mist hung in the air and raindrops tapped gently on the tent roof, but spirits soared as more than 350 guests gathered at Jacques Cartier Park on Wednesday, May 21, for the Ottawa Riverkeeper Gala — an evening bursting with joy, connection and purpose. Article content The highly anticipated gala raised $330,000 in support of a swimmable, drinkable, fishable Ottawa River watershed — a cause close to many hearts. Article content Article content 'I moved to this watershed. I did the math almost five decades ago, and my life has flowed alongside the mighty Ottawa River,' said Colleen Westeinde, chair of Ottawa Riverkeeper board. 'I want to ensure that my grandchildren and yours can swim, drink and fish in healthy rivers.' Article content Though unable to attend in person, celebrated Canadian journalist and author Roy MacGregor was warmly recognized during the evening's speeches as this year's Honorary Riverkeeper. Known for his deep love of Canada's waterways and his passion for paddling them by canoe, MacGregor joins a distinguished group of water protection champions. Article content The tent was alive with energy: laughter echoed, feet pounded the dance floor and brass beats bounced through the misty evening air. Guests in river chic attire twirled, clapped and cheered, fuelled by the sheer joy of being together. Every step and every smile was a celebration of the river, of connection and of the shared commitment to protect something cherished. Article content Article content Member of Parliament Evan Solomon called water 'the foundation for all of our thriving communities,' while Riverkeeper and CEO Laura Reinsborough shared the impact of the evening: 'you're funding science programs, advocacy and outreach work so that all the decision-makers you're mingling with tonight know what they can do to protect the river.' Article content Article content Article content Article content Article content Article content Article content Article content Article content Article content Article content Article content Article content Article content
