The company that owns Burntisland Fabrications (BiFab) was “shocked” and “incredibly disappointed” when Scottish Government ministers pulled the plug on providing further financial support for the business, MSPs have been told.
Canada-based DF Barnes bought the BiFab business in 2018 but said it was “not an investable company at the time” and it was understood the Scottish Government would be the “primary financiers”.
That was after BiFab, which has yards in Burntisland and Methil in Fife, as well as one on Lewis, had to be rescued by the Scottish Government in 2017.
DF Barnes president Jason Fudge said the firm had been preparing to put up to 500 employees back to work on a contract for turbine jackets for the Neart Na Gaoithe (NnG) offshore wind farm project when it emerged ministers could no longer provide the necessary financial support.
Fudge told MSPs on Holyrood’s Economy, Energy and Fair Work