The office development, being undertaken by Corran Properties Limited on behalf of CBRE Investment Management, will complete later in 2024.

Red Rock Power has committed to lease the 8,135 sq ft fourth floor of 30 Semple Street, which offers the company’s 80-strong team views of Edinburgh Castle and the city’s skyline. The company plans to move into the building in Spring 2025.

30 Semple Street lists impressive environmental credentials, including BREEAM ‘Outstanding’ status and a design-reviewed NABERS 5* target rating and a platinum AirScore, amongst numerous other accreditations.

The landlord’s team was represented by Knight Frank, Cuthbert White and Brodies. Red Rock Power was represented by JLL and Addleshaw Goddard.

Zoe Gray, director at CBRE Investment Management, said: “We’re delighted to welcome Red Rock Power. It is especially pleasing to welcome a leading renewable energy company which recognises and endorses the environmental standards we have set for ourselves at 30 Semple Street.”

Frazer Wardhaugh, chief legal officer at Red Rock Power, added: “30 Semple Street is the perfect home for us as we continue to grow our operations in the UK and Europe.

“Its best-in-class green credentials, attention to detail and high quality, modern finishes are parallel with our own vision and the move will mark a key step in our own evolution as a business.”