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£75m business rates warning over flagship Scottish pumped storage hydro project
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£75m business rates warning over flagship Scottish pumped storage hydro project
Earba developer backs demands for change in law as rates threaten £10bn of new Scottish energy investment The developer of one of the UK’s major new pumped storage hydro (PSH) projects has backed demands by small hydro operators for Scottish ministers to change the law, warning that their scheme could otherwise face a punitive annual rates bill of up to £75 million. The Managing Director of Gilkes Energy, which is developing the Earba pumped s…
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