Clarity on what GB Energy means for floating offshore wind ‘coming soon’
More clarity on GB Energy is "coming soon" a government official promised as the floating offshore wind industry gathered at a conference in Aberdeen and looked for answers.
Scottish National Investment Bank
Scotland invests £20m in hydrogen-electric aviation firm ZeroAvia
The Scottish National Investment Bank (SNIB) has invested £20 million in hydrogen-electric aviation developer ZeroAvia as pat of its latest funding round.
Scottish National Investment Bank invests another £10m in FOR EV
The Scottish National Investment Bank (SNIB) has invested a further £10 million into electric vehicle charge point operator, FOR EV.
Network Rail chooses Scottish technology for EV charge hubs
Network Rail has commissioned the installation of the first of two hubs for its electric vehicles in Scotland using charging technology developed by Edinburgh-based FOR EV.
£100 million awarded Haventus’ Ardersier Port renewables revamp
Ardersier Port owner Haventus has received a £100 million joint credit facility from the Scottish National Investment Bank and UK Infrastructure Bank (UKIB).
Wind sector welcomes £500m investment pledge in ‘lynchpin’ ports and supply chain
Sector representatives have welcomed a pledge by the First Minister to invest £500 million in the “lynchpin” Scottish wind supply chain.
Scottish SpaceTech scaleup Krucial secures $3.7 million funding to accelerate growth
Scottish scaleup Krucial, which utilises space technology to provide digital solutions, has secured further funding of more than $3.7 million as it continues to expand into international markets.
£7 million-plus boost for Aberdeen firm Verlume
The Scottish National Investment Bank (Snib) has sunk £6.6 million into Verlume, the Aberdeen company focused on offshore battery storage technology.
Scottish National Investment Bank wants north-east offshore wind supply chain ready
The chairman of Scotland’s national investment bank wants to speak to companies in the north and north-east that want to get into the next “massive industrial revolution”.
Northeast EV charging firm energised by £9m SNIB investment
Electric vehicle (EV) charging firm Trojan Energy has plans to expand its team and ramp up installations after securing £9million in funding from the Scottish National Investment Bank (SNIB).
Picking and choosing investment opportunities
Following a tumultuous two years since the first Covid-19 lockdown in the UK, the now much-changed energy sector remains an attractive proposition for both global investors and trade players. Many of these are looking to get ahead of the curve of the much publicised transition to sustainable energy sources.
Scottish National Investment Bank back Iona wind partnership with £13m
The Scottish National Investment Bank has invested £13 million in a wind farm project alongside a London fund manager.
Scottish Investment Bank could be ‘integral part of economy’, MSPs say
The Scottish National Investment Bank has the potential to be a positive and integral part of the economy, MSPs have said.
Opinion: Scotland’s new financing institution is welcome news
National investment banks are well known around the world. They can work well. Though most are not “banks” and so not regulated as such.