Anderson Strathern supports Edinburgh’s Green Investment Bank bid
Published by Anne Marie Hughes on Sat 09 Jun 12 @ 22:14
Edinburgh is a step closer to becoming a global centre of renewable technology and investment following the submission of the formal bid to host the new Green Investment Bank (GIB).
The GIB is being set up with £3bn of public money to help firms finance early stage renewable energy schemes.
Facing some tough competition from the other 32 towns and cities submitting, Edinburgh has secured support from across the country, including leaders of some of the largest investment funds, universities and power and renewable energy firms - all of whom state that Edinburgh is the ideal location to deliver the GIB's mission.
Edinburgh is viewed as being an outstanding contender because of it's excellence in research & development through our exemplar universities, finance industry expertise; it's proximity to natural resources, talented labour pools and connectivity to other important geographical areas.
The Edinburgh Chamber of Commerce, at the request of a cross party group of local politicians galvanised the bid.
Robert Carr, Chairman of Anderson Strathern, and President of the Edinburgh Chamber of Commerce, chaired the initial meeting that launched Edinburgh's bid at a special breakfast at the House of Commons in March 2011. Anderson Strathern worked with a group of diverse public and private sector organisations, including a number of other law firms, who contributed to and sponsored the original business case which was presented to Scottish Secretary Michael Moore at the House of Commons breakfast.
Since then, Robert and the other organisations involved in the bid have continued to support Graham Birse, Director of Policy and Communications at The Edinburgh Chamber of Commerce to develop Edinburgh's proposal to be the home of the Green Investment Bank.
Commenting on his involvement, Robert said: "I am delighted to have been involved in such an influential opportunity not only for Edinburgh, but also the wider business community. Anderson Strathern is delighted to be a key supporter of the bid. Our experience and involvement in the renewable energy industry is well known. We drafted the first lease agreements anywhere in the world for the development of offshore wave and tide power for which we where highly commended in the FT Innovative Lawyers Report 2010."