“Easing bottlenecks in the renewable energy supply chain is an essential part of delivering clean energy and driving Scotland’s international reputation in the sector. Subsea Micropiles’ technology aligns to our net zero and innovation missions as an impact-led investment bank.”
Key Information
Key Mission
Net Zero
Amount Invested
£6.7m
Location
Aberdeen
Co-investors
Marubeni - Itochu Steel Inc. £2.5m
Key Quote
Derek Robertson, CEO at Subsea Micropiles said: “There is so much potential in Scotland’s offshore wind market, and we are excited to play our part in the supply chain with our lower cost system that, critically, is less environmentally impactful.
“Our plan to manufacture anchors in Scotland will help reduce import requirements for key offshore components and our technology will give further flexibility and reliability to developers by using smaller and more readily available vessels along with remote seabed drilling systems.”
Jimmy Williamson, ED, Scottish National Investment Bank; Laura Fidao, ID, Scottish National Investment Bank; Jon Machin, ED, Subsea Micropiles; Derek Robertson, CEO, Subsea Micropiles
Jimmy Williamson, ED, Scottish National Investment Bank; Laura Fidao, ID, Scottish National Investment Bank; Jon Machin, ED, Subsea Micropiles; Derek Robertson, CEO, Subsea Micropiles
Jimmy Williamson, ED, Scottish National Investment Bank; Laura Fidao, ID, Scottish National Investment Bank; Jon Machin, ED, Subsea Micropiles; Derek Robertson, CEO, Subsea Micropiles; Amelia Overd, senior associate, Scottish National Investment Bank
Alignment to the United Nation's Sustainable Development Goals
All of the investments the Bank makes support the UN's Sustainable Development Goals. This investment supports the goals below:
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Goal 7
Affordable and Clean Energy
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Goal 9
Industry, Innovation and Infrastructure
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Goal 13
