Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

  • Investegate.co.uk
  • Trustnetoffshore.com
  • Trustnetmiddleeast.com
  • FETransmission.com
  • Trustnet.hk
  • FEAnalytics.com

For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.

COOKIES

In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.

HOW WE USE INFORMATION

We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.

ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

OTHER WEBSITES

Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

CONTACT

If you want more information or have any questions or comments relating to our privacy policy please email publishing@financialexpress.net in the first instance.

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SeaEnergy PLC (SEA)

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Wednesday 08 September, 2010

SeaEnergy PLC

Heads of Terms for Inch Cape

RNS Number : 3039S
SeaEnergy PLC
08 September 2010
 



 

Date:  8 September 2010

 

 

SeaEnergy PLC

("SeaEnergy" or the "Company")

            Heads of Terms for Inch Cape Offshore Wind Farm Project

                

SeaEnergy PLC is pleased to announce that its 80% subsidiary SeaEnergy Renewables Limited (SERL) has agreed a Heads of Terms (HoT) agreement with The Crown Estate for the funding of certain Inch Cape wind farm development activities.

 

The HoT agreement demonstrates both organisations' ongoing commitment to the project, which is important to the delivery of Scottish Territorial Waters leasing round capacity and therefore to the UK in terms of the delivery of the Offshore Wind Energy Programme.

 

The HoT agreement states that The Crown Estate will directly invest up to £1.4 million in key surveys and reports, including scoping reports, geophysical surveys and bird and mammal surveys, which will be directly contracted and managed by SERL.  The Crown Estate and SERL will now seek to finalise a formal development agreement in respect of these arrangements.  

 

The Inch Cape site was awarded to a consortium comprised of RWE npower renewables (npower) and SeaEnergy Renewables Limited in February 2009 as a part of the Scottish Territorial Waters leasing round conducted by The Crown Estate in association with the Scottish Government.  Following the site award, the consortium entered into an Exclusivity Agreement with The Crown Estate providing exclusive rights to enter into an Agreement for Lease once the Scottish Government had concluded the Strategic Environmental Assessment process.  npower notified SERL and The Crown Estate earlier this year of its desire to exit the Inch Cape project. This was due to the considerable size of its other onshore and offshore renewable generation commitments.

 

SERL CEO Joel Staadecker said: "We are delighted that The Crown Estate shares our commitment to the Inch Cape offshore wind farm and look forward to concluding the formal development agreement."

-Ends-

 

For further information contact:

 

SeaEnergy PLC                                                                                  +44 1224 748480       

Steven Bertram - Managing Director

 

SeaEnergy Renewables Limited                                                        +44 1224 766100

Joel Staadecker - Chief Executive 

 

Ambrian Partners Limited - NOMAD & Broker                              +44 20 7634 4700

Andrew Craig, Ben Wright

 

Kreab Gavin Anderson                                                                       +44 20 7074 1800

Kate Hill, Ken Cronin, Andrew Jones               

 

The Crown Estate                                                                              +44 20 7851 5311

Clare Lovett - Media Relations Manager

 

 

NOTES TO EDITORS

 

SeaEnergy PLC

 

SeaEnergy PLC is the only listed pure play offshore wind energy company in the UK. SeaEnergy Renewables Limited (SERL) is a subsidiary of the Company and is made up of the team which conceived, developed and delivered the world's first deep water wind farm development - the Beatrice Demonstrator offshore wind farm (10MW) (the "Beatrice Demonstrator Project") which is owned and operated by Talisman Energy. The Beatrice Demonstrator Project involved the installation of the two largest wind turbines (5MW each) ever deployed offshore, at water depths of 45 metres. This, combined with the SERL team's expertise in delivering deep water offshore developments in the oil and gas industry, puts SeaEnergy in an unrivalled position at the vanguard of the emerging offshore renewables industry.   

 

Prior to the UK Round 3 award SeaEnergy had secured a 25% interest in two Scottish offshore wind farms, Beatrice and Inch Cape. The award of Zone 1 in the UK Round 3 leasing programme with partners EDP Renováveis takes SeaEnergy's net capacity in the UK to over 781MW. SeaEnergy has also signed a Heads of Terms Agreement to develop offshore wind farms in Taiwan with Taiwan Generations Corporation and a Strategic Cooperation Agreement with Nantong COSCO Ship Steel Structure Co. Ltd (NCSC) to develop and market steel structures for the offshore wind industry.

www.seaeenergy-plc.com

 

The Crown Estate

·     On behalf of the nation, The Crown Estate manages a highly diverse £6 billion property portfolio across the UK.  The value of its holdings in Scotland is £237 million.

·     Our objectives, which are laid down by Parliament under The Crown Estate Act 1961, include enhancing the value of the estate and the revenue it produces.

·     Every year we pay all of our surplus revenue to the UK Treasury for the benefit of all UK taxpayers: in 2008/09 this was £226.5 million. £15.5 million of this came from Scotland.

·     Our core values of commercialism, integrity and stewardship, guide and inform all our business activities.

·     The Crown Estate is committed to working in partnership with the Scottish Government and members of the Scottish Parliament, local authorities and a wide range of other stakeholders to safeguard the long term interests of the environment and the communities with which we work.

·     In Scotland, The Crown Estate includes:

-   The marine estate consists of over half the foreshore and the seabed out to the 12 nautical mile territorial limit. The Crown Estate has the right to explore and utilise the resources of the UK continental shelf (excluding oil, gas and coal), including the right to license renewable energy in the form of offshore wind, wave and tidal power. We are working with our partners to ensure that Scotland is well placed to take advantage of the benefits that renewables will bring through employment and by reducing carbon emissions.

-   The rural estate in Scotland comprises 43,000 hectares and includes the Glenlivet, Fochabers, Applegirth, Stirling and Whitehill estates. It includes 185 agricultural tenancies and 102 residential properties.

-   The urban estate includes retail property in Edinburgh.

·     The Crown Estate in Scotland is managed from its Edinburgh Office at 6 Bells Brae Edinburgh EH4 3BJ.

www.thecrownestate.co.uk/scotland


This information is provided by RNS
The company news service from the London Stock Exchange
 
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