Anderson Strathern reappointed by Crown Estate Scotland
We’re pleased to announce that we have recently been reappointed as legal adviser to Crown Estate Scotland, the body that manages a wide range of assets in Scotland, including around half of the foreshore, almost all the seabed, gold and silver rights, and extensive rural estates.
Crown Estate Scotland expects gross revenue from 2021-22 to be approximately £26 million, due to an increase in offshore wind turnover as production begins at a number of sites. As part of its 2021-22 Business Plan, Crown Estate Scotland plans to advance opportunities for investment in ports to help unlock the potential of the “blue economy”, including in offshore renewables, and the implementation of seabed agreements for offshore wind schemes as it progresses through development and towards operation.
Earlier this month, it announced that seven projects across Scotland will benefit from a total of £150,000 from a new Crown Estate Scotland fund designed to support community enterprises. The Community Capacity Grants are part of the Crown Estate Scotland’s new £750,000 Sustainable Communities Fund.
“Crown Estate Scotland plays an integral role in the management of so many assets that are key for a sustainable, forward-thinking economy, we’re extremely pleased to have retained our advisory role and we look forward to continuing our existing relationship with an organisation that is so important to Scotland in the 21st century.”
Alastair Milloy, Director of Finance and Business Services at Crown Estate Scotland, said:
“We are very happy to continue our partnership with Anderson Strathern as we continue to find new and innovative ways of ensuring that the natural assets we are charged with managing, deliver for Scotland and its communities.”