US EditionJapanese Investor Completes Takeover of Port of Nigg
SCOTTISH HIGHLANDS, SCOTLAND, JUL 30 – Mitsui and Mitsui O.S.K. Lines acquire majority stakes to expand Port of Nigg’s manufacturing and quayside capacity, supporting offshore wind and oil and gas sectors, with over £120 million invested since 2011.
- In 2025, Japanese investors Mitsui & Co Europe and Mitsui OSK Lines completed the acquisition of The Port of Nigg and related Global Energy Group businesses in Easter Ross, Scotland.
- This acquisition follows Mitsui’s longstanding 25.5% stake in Global Energy since 2012 and coincides with Nigg's green freeport status granted in January 2023, which offers tax incentives and supports net zero commitments.
- The Port of Nigg is a critical facility for the UK’s offshore wind sector, and the deal includes Global Energy’s fabrication and services businesses, with Mitsui owning 51% and MOL 49% post-acquisition.
- Roy MacGregor, Chairman of Global Energy, said they are "passing on the baton at The Port of Nigg" after establishing it as a world-class energy facility, while Deputy First Minister Kate Forbes called the acquisition a "catalyst for further investment".
- Mitsui has committed to expanding manufacturing capacity and infrastructure at the port to sustain long-term skilled jobs and foster growth in Scotland’s energy transition and offshore wind markets.
12 Articles
12 Articles
Highland Council Praises Port of Nigg as Ownership Changes Hands
Highland Council has paid tribute to the Port of Nigg and its role in the region’s economy as ownership of the major energy facility formally changes hands. The port, central to Scotland’s green energy ambitions, is a key part of the Inverness and Cromarty Firth Green Freeport, a partnership bringing together public and private organisations to transform the Cromarty Firth into a global hub for renewables. Global Energy Group, led by Roy MacGreg…
Long term investor Mitsui group acquires The Port of Nigg - Scottish Business News
Global Energy Group (GEG) has reached an agreement on the sale of three of its group companies – including The Port of Nigg – to long term investor, Mitsui & Co. Europe Ltd (Mitsui) a subsidiary of Mitsui & Co., Ltd., together with, Mitsui O.S.K. Lines Ltd (MOL). The acquisition includes: The Port of Nigg, a world-class multi-sector energy port and green freeport. Global Energy (Fabrication), a leading multi-site fabrication and manufacturing b…
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