At a Glance
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?465M
Economic Contribution
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?920M
Local Contracts
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866
FTE Jobs
- Location
- Stirling, Scotland
- Offices
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Client
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Fred. Olsen Renewables
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- Location
- Stirling, Scotland
- Offices
- Client
-
- Fred. Olsen Renewables
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Fred. Olsen Renewables - Economic Footprint
Fred. Olsen Renewables (FOR) is one of the UK’s oldest renewable energy developers. They operate nine wind farms in Scotland with a total capacity of 529.7 megawatts. Committed to delivering value at a local, regional, and national level, FOR commissioned our Development Economics team to analyse and report on their economic footprint in Scotland.
We reviewed supply chain data to understand the range of goods and services FOR sourced from Scotland, as well as information relating to workforce development and corporate social responsibility. We also spoke with employees about the local and regional procurement strategies at each wind farm.
Our team found that FOR’s existing projects had contributed ?465 million to the Scottish economy. They had also signed ?920 million worth of contracts with Scottish businesses and created 866 full-time equivalent (FTE) jobs from the construction, operation, and maintenance of their projects.
FOR can use this information to support future developments and their continued work with participants, communities, and the supply chain.
At a Glance
-
?465M
Economic Contribution
-
?920M
Local Contracts
-
866
FTE Jobs
- Location
- Stirling, Scotland
- Offices
-
-
Client
-
-
Fred. Olsen Renewables
-
- Location
- Stirling, Scotland
- Offices
- Client
-
- Fred. Olsen Renewables
Share
Stephen Cox, Director of Economics and Regeneration
Delivering change in places of weak market demand is a key motivator for me personally and professionally.
Steven Findlay, Senior Associate, Economist
From too many cars to too much concrete, our predecessors often got it wrong. Robust business cases help us avoid making the same mistakes.
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