Sumitomo commits to £350m Highland investment project

23/02/2024
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Sumitomo Electric UK Power Cables (SEUK), a subsidiary of Japanese company Sumitomo Electric Industries (SEI) is planning to establish operations in the region, supplying high voltage cables to the growing offshore wind energy sector.

Up to £24.5m in public sector support has been approved to secure the project, comprising £19.37m in Scottish Government funding, £4.6m from Highlands and Islands Enterprise (HIE) and £530,000 from Scottish Enterprise.

Full story here: Sumitomo commits to £350m Highland investment project – Business Insider

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