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Macphie of Glenbervie announce £6.3m wind turbine investment

Two-turbine development will power company's food production facility

The family behind Macphie of Glenbervie food business is expanding into the renewables sector with a proposed two turbine development on the Glenbervie Estate in Aberdeenshire.

Glenbervie Wind Ltd is funding the development with a £1.3 million investment backed with a £5 million finance package from Bank of Scotland.

Around a third of the power which will be generated by the turbines on the 2,000 acre Glenbervie Estate – where the company is also headquartered - will be used for Macphie food production, with the remainder to be sold to the national grid.

The Macphie business also previously invested £1.6 million in a 1.2 MW biomass boiler at its food production plant, which was the first of its kind in Scotland when brought on line in 2008.

Macphie finance director, Raymond Howitt, said: “Macphie is committed to being an industry leader in its use of green energy and we are very excited to be developing our commitment to sustainable and environmentally friendly food production.

“It is also important to us as a company that we pursue our energy ambitions in a socially responsible manner and we have engaged local parties throughout the planning process.

“We will continue to seek new income streams from the Glenbervie Estate, ensuring our sustainability and future proofing jobs.”

Bank of Scotland relationship director, Mark Hull, added: “Macphie has been a champion of green energy for a number of years and it is wonderful to help the company deliver on their latest ambition.

“The sustainable and environmentally responsible attitude the company takes to food production is an excellent example of corporate responsibility and the rewards it can reap if executed effectively.

“We are looking forward to seeing the new turbines in operation and the benefits this project will achieve.”

Family-owned Macphie was established in 1928, starting out as a small wholesale bakery business in Glasgow.

Now a third generation family business, the company sells products across the UK and exports to Europe and the Middle East and generated sales of £42.5 million last year.

The company employs 250 people across its Aberdeenshire and Glasgow manufacturing sites.

Source: www.business7.co.uk  - 6 February 2014