BiFab claims Scottish Government “untruthful” over financial claims

The Scottish Government has been accused of being untruthful and inaccurate over allegations a lack of financial support from BiFab’s Canadian owner is to blame for the company’s problems.

A £2bn deal collapsed last month for Burntisland Fabrications (BiFab) to manufacture eight wind turbine jackets at its yards in Methil, Fife, as part of the Neart Na Gaoithe (NnG) windfarm project.

The UK and Scottish Governments have said they have no legal route to provide further financial support to the company, which was acquired by Canada-based JV Driver in April 2018 after the Scottish Government rescued BiFab in 2017.

Scotland’s Economy Secretary Fiona Hyslop MSP said on Tuesday that the main issue leading to the problems has been the “unwillingness” of parent company and majority shareholder JV Driver to provide working capital, investment or guarantees for BiFab.

In a statement on Friday, BiFab responded: “Scottish Ministers continue to focus on

Read more