THERE has been local reaction to the news that a multibillion pound electrical superhighway has been given the green light by regulator Ofgem, paving the way for construction of a 2GW subsea connection between Peterhead and Drax, on the east coast of England.
Reacting to news of the electrical superhighway, Mark Brown, Partner at MHA, Aberdeen, said: “This is a positive development for the north-east.
Subscribe to our daily newsletter
Why? Free to subscribe, no paywall, daily business news digest.
“While it looks as though the biggest share of the contract revenues will end up with Italian and Japanese conglomerates, it is good to see BAM are involved as they are a UK contracting business that undertake considerable large infrastructure projects in N-E Scotland often using local sub-contractors.
“This will certainly encourage the continued Windfarm developments onshore and offshore.”
Mark Brown is a Partner with MHA, with a primary role is to provide audit, accountancy and related advisory services to clients in the north-east of Scotland. This includes corporate finance support and general business advice supported by tax colleagues locally and other specialists within MHA. His portfolio of clients is primarily limited companies, with most of these involved in the energy sector in or around Aberdeen.
MHA is ranked the 13th largest accountancy group in the UK and has a strong SME focus in the construction, manufacturing, consumer, agriculture, food and drink, charity and energy sectors. It also supports larger firms with international operations.
The practice has 1,740 staff and partners and 21 offices across the UK. For more information on MHA, please visit https://www.mha.co.uk/