The
profit
was
due
to
the
sale
in
June
this
year
of
the
company’s
80%
stake
in
developer
SeaEnergy
Renewables
(SERL)
for
£38.8m
to
a
consortium
made
up
of
Spanish
oil
and
gas
company
Repsol
and
Portuguese
wind
energy
giant
EDPR.
SERL
had
interests
in
the
Moray
Firth,
Inch
Cape
and
Beatrice
offshore
wind
development
zones.
After
payment
of
debts
and
transaction
costs,
SeaEnergy
banked
£29.1m
from
the
deal.
Sea
Energy
claims
to
have
made
significant
progress
developing
its
business
of
providing
services
to
the
offshore
wind
industry,
which…
