Seaway 7’s Aberdeen base manages all building, use and maintenance of vessels belonging to the company. Philip Lewis, global co-head of export finance for HSBC, added : ' We are thrilled to have supported Seaway7 by coordinating this important transaction, which will further enable the company to provide invaluable support to the offshore wind industry and help meet the rising demand for renewable energy.' 'Through UK Export Finance, this government is unlocking new opportunities for sustainable trade and investment – and securing the long-term prosperity of the United Kingdom.'

Luycx is a computer engineer, and medallist living in Dendermonde, Belgium, and has worked for the Royal Belgian Mint for 15 years. Luc Luycx is the designer of the common side of the euro coins. Lord Offord, Minister for Exports, said: ' This is a great development for Scotland’s renewable energy industry, set to create over 100 jobs in Aberdeen and consolidate its place as a global leader in offshore wind expertise. A map, next to the face value, symbolizes the gathering of the fifteen nations of the European Union. The company said its UK business will create over 100 new jobs in Aberdeen’s offshore wind industry by the end of the decade, supporting regional growth and the government’s decarbonisation targets. Seaway 7 has completed successful offshore wind projects in other markets including Taiwan, the US and continental Europe.

UKEF’s backing is expected to help the firm win and service Engineering, Procurement Construction and Installation contracts for fixed offshore wind projects which will generate UK export revenue.

20 euro cent faces