Harland & Wolff Group Holdings PLC Islandmagee Update
April 03 2023 - 1:00AM
RNS Non-Regulatory
TIDMHARL
Harland & Wolff Group Holdings PLC
03 April 2023
3 April 2023
RNS Reach
Harland & Wolff Group Holdings plc
("Harland & Wolff" or the "Company")
Islandmagee Gas Storage Legal Update
Harland & Wolff Group Holdings plc (AIM: HARL), the UK
quoted company focused on strategic infrastructure projects and
physical asset lifecycle management, notes the recent judgement
passed down on 31 March in relation to an interlocutory application
(the "Application") connected to the Islandmagee Gas Storage
Project Judicial Review.
The Judicial Review of the Company's Marine Licence, Abstraction
Licence and Discharge Consent is ongoing and formal hearings are
due to commence from 2 May 2023 to 5 May 2023. The Applicant for
Judicial Review (No Gas Caverns Limited and Friends of the Earth
Limited) recently made the Application in an attempt to strike out
certain evidence provided by the Department for Agriculture,
Environment and Rural Affairs (DAERA), as well as to seek
disclosure of certain information held by DAERA.
This Application was heard by the Court on 23 March 2023 and the
Company welcomes the Court's dismissal of the Application in its
judgment which was passed down on 31 March 2023.
The full hearing of the application for the Judicial Review will
be heard on the scheduled dates. As stated previously, the Company
remains optimistic of a positive outcome upon completion of the
Judicial Review.
Harland & Wolff Group Holdings plc +44 (0)20 3900
John Wood, Chief Executive Officer 2122
Seena Shah, Head of Marketing & Communications investor@harland-wolff.com
media@harland-wolff.com
About Harland & Wolff
Harland & Wolff is a multisite fabrication company,
operating in the maritime and offshore industry through five
markets: commercial, cruise and ferry, defence, energy and
renewables and six services: technical services, fabrication and
construction, decommissioning, repair and maintenance, in-service
support and conversion.
Its Belfast yard is one of Europe's largest heavy engineering
facilities, with deep water access, two of Europe's largest
drydocks, ample quayside and vast fabrication halls. As a result of
the acquisition of Harland & Wolff (Appledore) in August 2020,
the company has been able to capitalise on opportunities at both
ends of the ship-repair and shipbuilding markets where there will
be significant demand.
In February 2021, the company acquired the assets of two
Scottish-based yards along the east and west coasts. Now known as
Harland & Wolff (Methil) and Harland & Wolff (Arnish),
these facilities will focus on fabrication work within the
renewables, energy and defence sectors.
In addition to Harland & Wolff, it owns the Islandmagee gas
storage project, which is expected to provide 25% of the UK's
natural gas storage capacity and to benefit the Northern Irish
economy as a whole when completed.
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