Scottish National Investment Bank

The Scottish National Investment Bank has secured the completion of 481 mid-market rental homes over the course of the last financial year, its second full year accounts have revealed. In February 2022, the Bank committed £40 million to aid the construction of affordable housing acro

The Scottish National Investment Bank (SNIB) has appointed Al Denholm as its new chief executive officer. Mr Denholm, a seasoned asset management professional with over 36 years of experience, previously held executive and senior investment leadership positions at major financial institutions like P

Clean energy company Verlume has secured £7.2 million in funding, with £6.6m provided by the Scottish National Investment Bank, to support its expansion plans. The Aberdeen-based firm specialises in intelligent energy management technology that enables a constant power output from renewa

Bio-based construction materials manufacturer Industrial Nature Ltd has secured a follow-on investment of £2 million from the Scottish National Investment Bank. The £2m investment comes after the Edinburgh-based firm successfully established the IndiNature Mill in the Scottish Borders an

Scottish electric vehicle (EV) charging firm Trojan Energy has announced plans to expand its operations and workforce after securing £9 million in funding from the Scottish National Investment Bank. The Aberdeen-based business specialises in flat-and-flush vehicle charge points which remove th

The Scottish National Investment Bank (SNIB) has underperformed because it is too "unfocused" and the Scottish government should "hit the reset button", a report published by a centre-right think tank has said. A new report produced for Reform Scotland by Professor Ross Brown, professor in entrepren

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

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