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Financial close has been reached for a £2.6 billion project that is expected to reduce the cost of offshore wind energy generation by nearly 60%. Moray Offshore Windfarm (East) Ltd, known as ‘Moray East’, will build a 950MW offshore wind farm in the Outer Moray Firth, 40km from the

The Christmas shopping season is in full swing and once gifts have been bought and wrapped, the eternal dilemma for gift-givers is to decide where to hide them from prying eyes and fingers. A survey by housebuilder Barratt Homes has found that – unsurprisingly – one in five Scots are cho

Planning permission has been granted for a new 7.5-acre city centre neighbourhood in central Glasgow, Scotland’s largest build-to-rent (BTR) scheme to date. The investment partnership behind Get Living PLC has secured planning consent to transform a derelict site in the historic heart of Glasg

Housing, care and property management group Wheatley has secured a ground-breaking investment of £76.5 million that will enable it to build hundreds of new affordable homes. The 25-year debt funding deal provided by Scottish Widows, through its partnership with the Bank of Scotland’s Rea

Springfield Properties has unveiled two senior appointments to newly-created managing director positions in its private housing division. Dave Main, who has been with Springfield for almost 20 years, has been promoted from development manager to managing director for the North of Scotland (private h

Marking a decade since the introduction of Home Reports, Eric Curran highlights issues such as length, categories, valuation price and the importance of being on a lender panel. It is quite remarkable that it is now 10 years since Home Reports, the initiative which radically altered the Scottish hou

Balfour Beatty has forecasted that its performance for the year will be above previous expectations as a result of an additional infrastructure investments sale in December. The construction group, which has been delivering the Aberdeen bypass in a joint venture with Galliford Try, said today that t

Scotland's oldest nuclear reactor in Dounreay is to be demolished following the appointment of a contractor by the Nuclear Decommissioning Authority's (NDA). The three-year contract has been awarded to Cavendish Nuclear and its partners, local firm JGC Engineering, KDC and Frazer-Nash Consultancy, f

Expanding engineering and environmental services company RSK Group has bought more companies after securing a new funding package. RSK said a unitranche senior debt facility from funds managed by Ares Capital Europe will be used to finance its strategic planned doubling in size over the next few yea

Construction work on a new energy-from-waste plant in Grangemouth is due to commence next year after the £210 million project reached financial close. Specialist green energy project developer and investor Green Investment Group (GIG) and energy-from-waste (EfW) owner and operator Covanta yest

Places for People has secured £250 million of new funding with the assistance of HSBC UK to help deliver its business plan. The bank said it entered into dialogue with Places for People about its future strategy and was impressed with the scale of its plans and ambition.

Scape Group chief executive, Mark Robinson, on the Scottish Government’s fresh investment into affordable housing and the barriers needed to overcome for delivery. Scotland is facing a huge shortage of homes for social rent. There are currently over 130,100 households on council waiting lists

Mactaggart & Mickel’s Building Communities Fund contributed £1,000 to Symington Community Council to stage a charity concert last month to raise funds for a commemorative bench in the village marking the sacrifice of those who did not return from the trenches in 1918. The concert was

The boss of a sustainable building materials company who won an auction for the right to name a newly discovered species of amphibian has named the blind creature after Donald Trump in recognition of the US president’s climate change denial. Paying $25,000 (£19,800) in the auction, Envir

A brand new social housing development has been completed in Kilwinning by Cunninghame Housing Association (CHA) and CCG (Scotland) Ltd. The site was previously owned by North Ayrshire Council and CHA acquired the site from the council in March 2016.