IET and ScottishPower Renewables Sign Agreement

February 10, 2009

ScottishPower Renewables

The Islay Energy Trust (IET) and Scottish Power Renewables (SPR) have now signed a Memorandum of Understanding covering the joint development of the Sound of Islay Tidal Energy Project. The MoU provides for both parties to work together on the detailed tidal resource study, environmental impact assessment, stakeholder consultation and securing the necessary consents, leases and grid connection required for the establishment of an array of tidal devices supplied by Hammerfest Strom, capacity up to 10 MW, in the Sound of Islay.

Local liaison and consultation on Islay will be managed by IET’s recently appointed Tidal Project Development Officer, Mr Andrew Macdonald, who will also assist in other project development activities undertaken by SPR. The parties will also begin discussions on cooperation in the investment, implementation and operational phases.


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