MONTROSE Port Authority (MPA) has announced it is embarking on a major expansion with the acquisition of Montrose Commercial Park and the adjacent former Charleton Maternity Home site.
The multi-million-pound investment forms part of MPA’s ongoing masterplanning initiative, aimed at meeting growing demand for industrial space to support Scotland’s offshore energy sector and drive the nation’s energy transition.
MPA revealed it is exploring future development options for the site with Scottish Enterprise.
The purchase from Equipco Investments Ltd encompasses 45 acres of real estate, formerly home to Petrofac’s fire safety training facility and the now-demolished Charleton House.
This acquisition and development take the port’s footprint from 59 to 104 acres and is intended to strengthen its position as a key player in the renewable energy sector.
Existing tenants of Montrose Commercial Park will continue their operations, with all tenancy agreements being honoured.
Tom Hutchison, chief executive of Montrose Port Authority, said, “As a trust port, our mission is to drive sustainable growth that benefits our entire community. This landmark expansion amplifies our impact far beyond nearly doubling our footprint. We’re creating opportunities for new businesses, local jobs, and economic growth, while positioning Montrose at the forefront of Scotland’s energy transition.
“Our vision looks to the long term. We are laying the groundwork for future generations, ensuring Montrose remains pivotal in both traditional and renewable energy sectors. We’re proud to be a driving force for Scotland’s green energy future, catalysing growth and creating positive change that will resonate for decades to come.”
Suzanne Sosna, director of energy Ttransition at Scottish Enterprise, added, “This is an exciting opportunity to further develop port related infrastructure at a strategic site as part of our national Energy Transition mission. We are exploring potential options for investment and promotion with MPA alongside the port masterplanning which together will generate significant additional economic impacts for Scotland.”
