SgurrEnergy assists completion of France's largest solar plant

Glasgow (ots) - A 36 MW solar project, part of France's largest
solar PV plant with a total installed capacity of 115 MW, is nearing
completion after SgurrEnergy provided full technical due diligence
support throughout the project.

The Toul-Rosières 2 project, located on a former military base
near the city of Nancy in the Lorraine region, has been developed by
EDF EN and Marguerite Fund, an equity fund backed by major European
financial institutions and set up in 2010 to invest in greenfield and
expansion projects in the energy, renewables and transport sectors
within the EU-27 countries. Since November 2011, SgurrEnergy has
worked closely with Marguerite Fund through the project stages,
including a review of the plant design, energy yield predictions, key
project contracts, permitting and financial model reviews as well as
a site visit and construction monitoring.

The plant, which is composed of 450,000 thin-film PV modules
manufactured by First Solar, is reaching the end of its construction
phase and is expected to start generating power later in 2012. It is
estimated that the plant will help to save around 11,500 tonnes of
CO2 per year.

After completing the due diligence support on the Nancy-based
solar plant, Marguerite Fund was keen to secure SgurrEnergy's support
on a second project. The 36 MW Massangis 1 transaction, part of the
larger 56 MW Massangis PV project in the Burgundy region, received
similar due diligence support. This second project is also reaching
the end of its construction phase and is expected to start generating
power by the end of the year.

Arnaud Bertrand, Head of SgurrEnergy's Paris office said: "As
independent and impartial advisors, SgurrEnergy's position adds value
to our clients' solar projects through identification and suitable
mitigation of technical and commercial risks involved at each phase
of a project's life".

SgurrEnergy, a Wood Group company, is involved in a number of
solar PV assignments across France and internationally on behalf of
developers, private investors and financial institutions. It has been
involved in over 1,000MW of solar PV projects to date.

Notes to editors:

SgurrEnergy was founded 10 years ago by technical director Ian
Irvine and implementation director Steve McDonald with the aim of
building the world's largest renewable energy consultancy.

Headquartered in Glasgow, Scotland, SgurrEnergy has international
offices in China (Beijing), Canada (Vancouver), India (Pune), France
(Paris), Ireland (Wexford) and the US (Portland).

SgurrEnergy is part of Wood Group, an international energy
services company, and operates as part of the Wood Group Kenny
business unit.

Wood Group is an international energy services company with $6bn
sales, employing more than 41,000 people worldwide and operating in
50 countries. The Group has three businesses - Engineering, Wood
Group PSN and Wood Group GTS - providing a range of engineering,
production support, maintenance management and industrial gas turbine
overhaul and repair services to the oil & gas, and power generation
industries worldwide.

For further information please contact:
Johanna Clarkson,
Marketing Co-ordinator,
SgurrEnergy
Phone: +44 (0) 141 227 1754
Email: johanna.clarkson@sgurrenergy.com