The terms of the deal were not disclosed.

Denmark-based Skykon is also planning to build a larger factory alongside the existing facility. As part of the deal, more than 100 jobs will be saved. The region will also benefit from a further 200 local jobs once the new facilities have been built.

Jesper Øhlenschlæger, Skykon CEO, commented: “In a short time span, Scotland has developed into the most positive and interesting market for wind power in Europe. Both the Scottish government and local energy producers are focused on wind power, and we expect some 3,000 megawatts to be installed in Scotland over the next four years. As a result, we see Campbeltown as a unique platform to realise our target of being the leading supplier to this market.”