Redkite Law plays key role in major Pembrokeshire refinery and land purchase


West Wales law firm Redkite Solicitors advised Cypriot-owned renewable energy company Egnedol on one of the most significant land purchases in Pembrokeshire.
The deal saw the purchase of the former Gulf refinery at Waterston and the Royal Naval Armaments Dept (RNAD) Blackbridge site in Milford Haven.
Egnedol intends to create a new renewable energy facility at the site, an investment which could rise up to £1.6billion over the next five years and hopes to create 560 jobs during the first phase of the investment.
The renewable energy facility will convert biomass into a biogas to be used to produce green electricity or green liquid fuels.
The heat and carbon dioxide captured from this process is to be used in food production businesses at the site.
Egnedol also hopes to partner with Welsh universities to create a research and development facility on the site to develop further sustainable technologies.
Partner Lucy Morris and associate Alun Price advised on the property aspects with Partner Paul James advising on the commercial aspects.
Phil Johns, commercial manager of Egnedol Wales said: “We believe our proposal for a clean energy facility at Blackbridge and Waterston has the potential to place Milford Haven at the heart of one of the most exciting growth industries in the world - renewables - bringing much needed jobs and inward investment to Pembrokeshire.
"Redkite, and particularly Lucy Morris and Alun Price, have done an exceptional job in handling one of the most complex commercial property transactions in Wales.
"We are looking forward in cooperating further with the Redkite team to bring the proposed project into fruition.”
Lucy Morris, head of the commercial property team at Redkite, said: “We were delighted to assist Egnedol with this unique and exciting project and are looking forward to working closely with Egnedol on the future development of the site.”
Alun Price, who specialises in the legal aspects of renewable energy, said: “The first phase of the total electricity output is to be up to 50 MW and it is hoped that this will ultimately increase to 350MW which will be a huge contribution to increasing the country’s green energy production”. 

Photo: Paul James, Lucy Morris and Alun Price, of Redkite Law.

Redkite Law has nine partners and a total headcount of more than 80 staff, with offices spread across Pembrokeshire and Carmarthenshire and in Cardiff.
The team at Redkite Law can be contacted on 02920 108777, 01267 239000, and 01437 763332 or through the website at www.redkitelaw.co.uk

About Egnedol:
Egnedol Limited (“EGD”) offers a unique portfolio of cutting edge technologies to provide Green Efficient Energy Solutions.
EGD’s design philosophy is always to ensure that the company achieves excellent sustainability criteria for every development, thus reducing the Global Carbon Footprint (as a result of development) whilst also providing local Green Jobs.
EGD produces Green Energy and Green Fuels from a diverse range of feedstocks depending upon the particular site location, its environmental setting, local government objectives and policies, and the economic and legislative framework for the area.
EGD undertakes continuous Research and Development, often in partnership with leading Universities.
EGD is in various stages of development in diverse projects in Wales and United Kingdom.

http://www.egnedol.co.uk/

Western Telegraph story -
A Cypriot-owned renewable energy company has unveiled plans to invest £685 million in a Centre of Renewable Energy Excellence in Milford Haven, creating around 560 jobs in the process.
The plans by Egnedol Limited would make Pembrokeshire an international standard-bearer for cutting-edge clean energy technology, the company said.
Egnedol Limited has purchased the former Gulf refinery at Waterston and the RNAD Blackbridge site.
It proposes to build a renewable energy facility for converting biomass into clean biogas which would then be used to either produce green electricity or green liquid fuels.
Egnedol also plans to partner with the leading Universities in Wales and the European Union to build a research and development facility on-site to advance new and existing sustainable technologies.
Heat from the process will be captured and used in a host of food production businesses at the site including a prawn farm, fish farm, cheese factory, mushroom farm, algae production unit and greenhouses.
The proposed facility will receive the biomass by ship via a jetty on the site, therefore, avoiding increase in road traffic.
The company said more indirect jobs will be created, as existing local companies will be employed to provide the resulting food product packaging and distribution.
Egnedol representative, Phil Johns, said the company is keen to engage with the local community: “We believe our proposal for a clean energy facility at Blackbridge and Waterston has the potential to place Milford Haven at the heart of one of the most exciting growth industries in the world – renewables – bringing much needed jobs and inward investment to Pembrokeshire. We want to inform local residents about our plans, get feedback and gather opinion to help ensure that any issues or concerns are taken in to consideration.Egnedol will be presenting its plans for the development in the next week and is preparing a public exhibition to be set up within the next month.
“Alongside the creation of direct and indirect jobs, the facility will place our region at the forefront of clean, renewable energy. The research and development unit will also become a key resource for furthering our knowledge and skills-bank of future energy solutions, advancing new technologies and developing specialist professionals to work in a rapidly growing industry.”
The Leader of Pembrokeshire County Council, Councillor Jamie Adams, welcomed the plans: “I’m very pleased that a new, exciting use has been found for the former RNAD Blackbridge site. Subject to planning, this will create many much-needed jobs in the area.”
Egnedol is focused upon the creation of sustainable energy facilities. Their innovative approach to green energy production promises to reduce the global carbon footprint of energy production. Subject to appropriate consents and market conditions the intention is to increase the investment at the Milford Haven site over the next five years potentially to £1.6billion.
Preseli Pembrokeshire MP Stephen Crabb told the Western Telegraph: “It’s early days but there’s no question that this is a potentially exciting development for Milford Haven and the Pembrokeshire economy.
“The Blackbridge site has stood redundant for too long and it does lend itself to an energy-related development.
"I look forward to discussing further details about the proposals with Egnedol and I hope that there will be a sustainable business forthcoming that can gain the support of the local community.”

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