AS COP26 arrives in Scotland, Canmoor is delighted to announce that leading wind energy supply chain specialist, Renewable Parts has agreed terms for a five-fold expansion of operations at Westway Park in Renfrew.
Renewable Parks has been based at Westway since 2015 and will move to Unit G1, which extends to 24,000 sq ft, an expansion of almost 20,000 sq ft from the 5,000 sq ft it currently occupies. The lease term is 15 years.
The move is set to take place next year, with Renewable Parts undertaking sustainable fit out works prior to officially opening the new unit in the spring of 2022.
Renewable Parts is the UK’s leading supplier of parts to the wind energy sector, supporting all the major turbine brands, including Vestas, Siemens-Gamesa, Senvion, Nordex, and GE. It supplies new and refurbished parts, consumables, and major components to utilities and a range of service providers, as well as offering bespoke supply chain management solutions. The company has undergone rapid expansion over the past 18 months, this move will allow further development of its offshore wind and supply chain service capabilities, alongside its new offering of major component storage and ancillary services.
The new facility will also enable the company to continue growth in Europe and South America as well as enter into new markets including North America. It will also facilitate Renewable Parts’ recently opened Innovation Centre in mainstreaming its unique sustainable, refurbishment and remanufacture, supply chain across the UK, directly reducing carbon emissions from the Operations and Maintenance of renewable energy.
Commenting on the Westway expansion, James Barry, Chief Executive of Renewable Parts said:
“We are very excited about the continued expansion of our business, which has grown rapidly over the last few years. The move to our expanded Operations Centre at Westway will greatly enhance the capability we can provide our customers. Not only will it offer superior capacity, but crucially, 40t heavy lift capability to support main component storages services for UK based operators. This key development will help us meet the next stage of our journey to become the leading independent supplier of new and refurbished parts to the wind industry within Europe.
“The growth of renewable energy over past ten years is a testament of the world’s commitment to reduce their carbon footprint and work to create a better world for future generations. Renewable Parts is proud to be part of this global movement to create a cleaner, greener, and fairer society. So far, we have worked with our customers to reduce carbon footprints by 170 tonnes and diverted over 100 tonnes of material away from scrap and landfill.
“With COP26 currently being in Glasgow, we are optimistic about the future, with renewables and sustainability being even more firmly in focus, as we help customers achieve a greener, more sustainable future and move closer to achieving their net zero carbon footprint goals.”
Toby Saul, Asset Manager of Canmoor added:
“Renewable Parts has been a top Westway occupier for more than six years now and it is great to see this aspiring business continue to expand operations here.
“It is a further boost for the park, following the completion of over 365,000 sq ft sq ft of lettings this year, with further deals anticipated before the end of the year.
“We are committed to investing and improving the park and have recently completed the £3m refurbishment of Block D. Development work is also continuing on the brand new 120,400 sq ft Filshill Distribution Centre, which is scheduled to complete shortly.”
Westway Park was acquired by Canmoor in 2018. It is a key strategic industrial and distribution location that offers excellent connectivity to the whole of Central Scotland, with Junction 27 of the M8 only three minutes drive away. It is located in the heart of the Glasgow Airport Investment area, which is one of the key City Deal projects that will benefit from £39.1m of inward investment over the next ten years. This will deliver significant infrastructure investment to the area including a new two-lane bridge over the White Cart, directly linking Westway with the investment area and airport.
Westway also benefits from refurbished modern open place office suites ranging in size from 100 – 4,000 sq ft.
Renewable Parts was advised by PJ Leggate, Canmoor’s joint agents at Westway Park are JLL and Colliers and the park is managed by Knight Frank.
For more information on Renewable Parks’ Road to COP26, please visit: COP26 – The Road to Net Zero (renewable-parts.com)