1-7 of 7 Articles
Clock icon 2 minutes

Infrastrata has acquired the Methil and Arnish yards from the collapsed Scottish manufacturer Burntisland Fabrication (BiFab) for £850,000. The deal will be split across two tranches: £650,000 upon completion and £200,000 when substantial revenues are generated.

Clock icon 5 minutes

Engineering firm BiFab has gone into administration after failing to secure any new contracts and a decision by Scottish ministers against nationalising the company. In order to save BiFab from closure in 2017, and to support the delivery of SSE’s Beatrice Offshore Wind project, the Scottish G

Clock icon 4 minutes

Ministers have concluded there is no legal route for either the Scottish or UK governments to provide engineering firm BiFab with the guarantees it would need to secure its contract with Saipem in the absence of a shareholder guarantee provided by BiFab’s majority shareholder JV Driv

1-7 of 7 Articles