We advised ScottishPower on the groundbreaking restructuring and privatisation of the electricity industry between the late 1980s and 1991, when we acted on its flotation on the London Stock Exchange. At the time, power generation was dominated by coal, and a significant part of our work involved the complex arrangements for Longannet, one of Europe’s largest coal-fired power stations. It was unthinkable then that Scotland might one day be powered entirely by renewable generation for days at a time, as is now the case. Even in 1994, when we advised ScottishPower on its first wind farms, the end of coal seemed fanciful. Since then, ScottishPower has developed one of the largest wind farm portfolios in Britain, and we have worked with the company on many of its wind projects.
When ScottishPower was privatised, the Scottish electricity system had limited connection with the rest of Great Britain and beyond. ScottishPower projects changed this. We have helped it upgrade the link between Scotland and England, and with a 500MW sub-sea connection to Northern Ireland. These projects mean Scotland is much better connected to the wider European transmission systems, helping secure Scotland’s status as a major exporter of electricity. This reflects Scotland’s industrial history and landscape. Just as Longannet was a landmark of Scotland’s traditional economy of coal mining and generation, ScottishPower’s wind farms are landmarks of our era – clean and efficient. They are also landmarks of our own firm’s history as our practice has evolved to meet the changing demands of the energy sector.
Our lawyers are privileged to work with clients who are leaders in their industries and sectors, in Scotland, the UK and abroad. We are currently supporting businesses in more than 100 jurisdictions, advising on specific projects, helping them expand their overseas operations or supporting them in entering new markets.
Building on our unremitting focus on clients and the contribution they make to the economy, we have commissioned The University of Strathclyde’s Fraser of Allander Institute to undertake a major research project to help Scottish businesses, organisations and entrepreneurs best position themselves for the future. We have used fresh insights drawn from economic data and long-term global growth forecasts to inform a conversation with our clients and key industry contacts, which will help identify how they – and Scotland – can mitigate the challenges and seize the opportunities in the years ahead against the backdrop of a rapidly-evolving global economy.Find out more