The Scottish National Investment Bank (SNIB) has a key strategic part to play in helping to deliver Scotland’s low carbon heating systems. A new insight paper called ‘Scotland’s transition to net zero heat’ released today sets out the bank’s role in tackling the issue a
Scottish National Investment Bank
According to the Scottish National Investment Bank (SNIB), the first full year of operations for the Scottish Government-owned bank has been one of significant progress. According to the lender, the bank’s team has been substantively recruited, many of its operational systems have been put in
The expansion of Aberdeen Harbour, the largest marine infrastructure project in the UK, is to receive £30 million of funding from the Scottish National Investment Bank (SNIB).
The Scottish National Investment Bank (SNIB) has announced a £4.45 million investment into Highland Coast Hotels to help to support more sustainable and community-led hospitality around the North Coast 500 tourist route.
A £3 million investment by the Scottish National Investment Bank will see 25 high-quality family homes being built in the Nitshill area of Glasgow after the developer was unable to find finance elsewhere. The Station Wynd site, immediately adjacent to Nitshill train station, is a brownfie
A £13 million investment from the Scottish National Investment Bank (SNIB) is to accelerate the delivery of the Iona onshore wind pipeline in Scotland. The Iona wind partnership, managed by Asper Investment Management, is focused on building 800MW of onshore wind capacity by 2026.
Willie Watt, chairman of the Scottish National Investment Bank (SNIB), has warned that the £2 billion of public funds which were allocated to the bank is "insufficient" to meet its objectives. The SNIB officially opened for business in November last year, with a focus on supporting Scotland&rs
The new Scottish National Investment Bank has been set three core missions to ensure it addresses the “grand challenges” facing Scotland. Now approved by MSPs, the missions state that the Bank should:
The Scottish National Investment Bank (SNIB) has officially opened for business today with a mission to focus on supporting Scotland’s transition to net zero; extending equality of opportunity through improving places, and harnessing innovation to enable Scotland to flourish. Being capitalised
A just transition to net zero emissions by 2045 is one of three core missions for the new Scottish National Investment Bank (SNIB) which have been laid before the Scottish Parliament for consultation.
Around £220 million of further funding has been announced for the Scottish National Investment Bank to help Scotland transition to net-zero carbon emissions. Making the announcement as part of the Scottish Budget, newly-appointed cabinet secretary for finance, Kate Forbes,said t
Legislation to establish a Scottish National Investment Bank has been passed unanimously by the Scottish Parliament. The new institution will direct investments that deliver economic, environmental and social returns, and help Scotland’s journey towards net-zero carbon emissions. It will aim t
A bill to support the set-up of the Scottish National Investment Bank passed its first stage yesterday following a debate in the Scottish Parliament. The Scottish Government said the bank’s primary mission will be to secure the transition to a net-zero economy as it works with businesses to id
The Scottish Government has published its analysis of responses to the public consultation on the Scottish National Investment Bank Bill which ran from September to October last year. Today’s document is the first of many milestones for the nation’s first investment bank in 2019 as
Keith Brown A new Scottish National Investment Bank will be operational next year and provide £2 billion in capital over ten years, MSPs have been told.