Buyer of Harland & Wolff InfraStrata Raises Money for Deal

12th November 2019

The iconic cranes of Belfast shipyard, Harland & Wolff (saved from closure last month) is located in the east of the harbour estate Credit: BBC NI News

An energy firm, BBC reports, that agreed to buy the Harland and Wolff shipyard in Belfast has raised the money it needs to complete the deal.

InfraStrata raised £6m through a share issue on Monday.

The east Belfast shipyard, best known for building the Titanic, was agreed for sale to the London-based firm last month.

It went into administration in August, putting 120 jobs at risk, after its Norwegian parent company collapsed.

InfraStrata shareholders need to approve the deal at a meeting on 29 November.

More here on this story.

Published in Belfast Lough

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Jehan Ashmore

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Jehan Ashmore is a marine correspondent, researcher and photographer, specialising in Irish ports, shipping and the ferry sector serving the UK and directly to mainland Europe. Jehan also occasionally writes a column, 'Maritime' Dalkey for the (Dalkey Community Council Newsletter) in addition to contributing to UK marine periodicals.

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