Scottish National Investment Bank

The Scottish National Investment Bank will not be able to end its reliance on public funding unless ministers can make a case for UK Treasury rules to change, Scotland's Auditor General has said. The bank was launched in 2020 to independently invest in commercial projects that will help address the

Scotland’s economic growth is being held back by a chronic shortage of housing, and urgent action is required to remove this barrier to investment and jobs, a new report from Prosper (Scottish Council for Development and Industry) has warned today. Drawing on insights from over 100 stakeholder

Subsea Micropiles Ltd. has secured £9.2m to further develop its technology and expand operations in Scotland, which is expected to support around 100 jobs over the next five years.

Pulpex Limited, a sustainable packaging technology company, has announced a £62 million Series D investment round led by the National Wealth Fund (NWF) and the Scottish National Investment Bank.

Subsea cable manufacturer XLCC is to develop a manufacturing facility, with around 900 jobs, in North Ayrshire thanks to a new £20 million investment by the Scottish National Investment Bank. XLCC’s High-Voltage Direct Current (HVDC) cable will efficiently transport electricity over long

The Scottish National Investment Bank has made a £730,000 investment in DITT Construction Ltd to support the construction of six high-quality, one-bedroom homes in Lerwick. The homes are being designed for key workers and young professionals who can often struggle to find affordable housing. O

The UK and Scottish Governments have today announced a new agreement for Great British Energy to work in partnership with Scottish public bodies to support clean energy supply chains and infrastructure. UK energy secretary Ed Miliband MP will visit Aberdeen with Great British Energy chair Juergen Ma

The growth plans of Scotland’s only private electric vehicle charge point operator FOR EV have been boosted by a £10 million follow-on investment by the Scottish National Investment Bank. The cash injection follows an initial investment of £2m by the Bank in 2021, followed by &poun

Haventus, the energy transition facilities provider, and owner of Ardersier Port, east of Inverness, has secured a £100 million joint credit facility from the Scottish National Investment Bank (the Bank) and UK Infrastructure Bank (UKIB) with £50m investment from each. The financing foll

The Scottish National Investment Bank (SNIB) has committed a further £20 million to the Mid-Market Rent strategy managed by Thriving Investments, the social value and ESG-focused real estate fund manager. The bank’s follow-on investment will support the development of up to 100 new homes

On-street electric vehicle charging specialist Trojan Energy has secured a £26 million investment to propel its growth plans. The funding comprises £8m from growth capital investor BGF, coupled with an £18m follow-on investment from the 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