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Scottish Business Briefing - Thursday 7 June, 2012

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WELCOME to scotsman.com’s Scottish Business Briefing. Every morning we bring you a comprehensive round-up of all news affecting business in Scotland today.

ENERGY & UTILITIES

Aggreko’s global reach extended by African deals

TEMPORARY power specialist Aggreko has secured a ground-breaking $250 million (£162m) deal to set up a plant supplying both South Africa and Mozambique, helping to plug electricity shortages in both countries ({http://www.scotsman.com/business/energy-and-utilities/aggreko-s-global-reach-extended-by-african-deals-1-2341305|Scotsman|Scotsman}).

Chillwind is close to deal with partner

Renewable energy firm Dulas yesterday said it was in advanced talks to purchase Highlands-based Chillwind, which specialises in meteorological masts (http://www.scotsman.com/business/energy-and-utilities/chillwind-is-close-to-deal-with-partner-1-2341308|Scotsman|Scotsman}).

Pay revolt threat to Melrose executives

MELROSE Resources faces a revolt on executive pay at its annual general meeting today in the latest expression of investor unease about boardroom pay levels, dubbed the shareholder spring ({http://www.heraldscotland.com/business/company-news/pay-revolt-threat-to-melrose-executives.17798086|Herald|Herald}).

Trump’s hated wind farm could ‘help save £45bn’

AN OFFSHORE wind farm opposed by US tycoon Donald Trump could help cut the cost of renewable energy production by £45 billion, MSPs have been told. Swedish electricity firm Vattenfall is facing strong opposition from Mr Trump over its proposed European Offshore Wind Deployment Centre (EOWDC) off the coast of Aberdeen ({http://www.scotsman.com/news/environment/donald-trump-s-hated-wind-farm-could-help-save-45bn-1-2340118|Scotsman|Scotsman}).

{http://www.scotsman.com/business/energy-and-utilities|Read all today’s energy and utilities news from scotsman.com|Read all today’s energy and utilities news from scotsman.com}

MANAGEMENT

Blackadders continues trend for consolidation

TAYSIDE law firm Blackadders is to swoop into the Edinburgh market with the takeover of McKay Norwell, continuing a run of consolidation in Scotland’s legal sector ({http://www.scotsman.com/business/management/blackadders-continues-trend-for-consolidation-1-2341432|Scotsman|Scotsman}).

{http://www.scotsman.com/business/management|Read all today’s management news from scotsman.com|Read all today’s management news from scotsman.com}

MEDIA & LEISURE

Firm steers right course

Cruise Loch Ness said yesterday it had expanded its fleet to five with the purchase of the Caledonian Spirit cruise boat ({http://www.pressandjournal.co.uk/Article.aspx/2800835|P&J|P&J}).

{http://www.scotsman.com/business/media-and-leisure|Read all today’s media and leisure news from scotsman.com|Read all today’s media and leisure news from scotsman.com}


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