Subscribe to our Construction Newsfeed
Scotland Construction Directory
Search our 14,699 companies....

Construction News

02/12/2022

Investor Panel Will Help Scotland Attract Global Green Investors

Construction News Image
First Minister, Nicola Sturgeon, has announced that the establishment of a new Investor Panel will enhance Scotland's attractiveness to global investors.

The expert panel of investors and asset managers will advise on how Scotland can create the right conditions to attract global capital investment to develop the physical infrastructure required for a just transition. Its remit includes areas such as offshore wind, hydrogen and the decarbonisation of transport.

Members have been selected for their experience and expertise, bringing together a wealth of knowledge to provide market intelligence in current and future green investment opportunities.

First Minister Nicola Sturgeon and Angus MacPherson, CEO at Noble & Company, will co-chair the Panel, which will meet for the first time on 12 December.

Speaking at TheCityUK Annual Conference in Edinburgh, the First Minister said: "Securing capital investment from sources within Scotland, across the UK, and right around the world is fundamental to enabling us to achieve our wider ambitions for the economy. Tackling the climate crisis is both a moral obligation and an economic opportunity. We have the chance to establish Scotland as a major centre for green and ethical finance, while helping Scotland - and perhaps also the wider world - to move to net zero.
-- Advertisement --
NorthernAsbestosServicesLtd



"The investor panel demonstrates the Scottish Government's determination to work with the investor community. We know how crucial it is to support sustainable growth and we want to use insights and expertise from the sector as we recover from the pandemic, get through the cost of living crisis, and ensure a just and rapid transition to net zero."

Angus MacPherson, co-chair of the Panel, said: "I am delighted to accept the First Minister's invitation to Co-chair the Investor Panel.

"There is a clear and compelling case for the private and public sectors to work together to address the global challenges we face, particularly on the need to transition to net zero.

"I look forward to working with the First Minister and panel members to explore how we can attract mobile capital investment, maximise current and future growth opportunities and help deliver a just transition to net zero."

Miles Celic, Chief Executive Officer at TheCityUK, said: "Scotland's financial and related professional services industry has always had innovation at its core. It has long played an important role in driving growth and opportunity here at home and around the world. To build on this success and unlock the investment needed to fund critical projects for a Net-Zero future in Scotland and beyond, a close partnership between government, industry and regulators is essential."

Latest Construction News

15/04/2025
Construction of a £70 million student accommodation development at 292-298 St Vincent Street in Glasgow has reached a significant milestone, with the building now visibly rising from the ground. Drone footage has captured the progress of the project, which is a partnership between developer Artisa
15/04/2025
Energy regulator Ofgem is expected to confirm today (April 15) its finalised Connections Reform process, designed to expedite grid connections for renewable energy projects that are ready and crucial for achieving the UK's clean power targets for 2030 and beyond. The new connections system, anticip
15/04/2025
The ambitious transformation of Glasgow’s landmark George Square has moved into a tangible phase with the commencement of the erection of hoardings around the perimeter of the civic space. Starting today, the hoardings will enclose the Square for the duration of its 18-month redevelopment. The pane
15/04/2025
Members of the public are invited to attend a consultation feedback event to discuss the proposed infrastructure associated with a new underground electricity transmission cable between the Kinardochy and Errochty substations in Perthshire. The event will take place on Monday, 28 April, from 4 pm t
15/04/2025
Turner & Townsend have been appointed as project managers to develop a business case for the potential extension of the Borders Railway beyond its current terminus at Tweedbank to Hawick and Carlisle. This key appointment will enable crucial work to progress on the project, including feasibility s
15/04/2025
Arran Community Renewables, a Community Benefit Society based on the Isle of Arran, has secured planning consent for a 6 MW solar farm. The Glenkiln Solar Farm, located approximately 1km west of Lamlash, is projected to generate 5,600MWh of clean renewable energy annually from 2027. The £5 million
15/04/2025
A new Route Map has been published by the Scottish Land Commission (SLC) to ensure communities across Scotland secure tangible and long-lasting benefits from nature restoration projects and investment in the country's natural environment. The practical guide is designed for landowners, developers,
15/04/2025
Award-winning principal contractor Procast Group has further expanded its presence across Scotland with the opening of a new base in Dumfries. The Hamilton-based firm has invested £30,000 in a new warehouse and office facility in the Maxwelltown Industrial Estate in Dumfries and Galloway, marking it
14/04/2025
Glasgow City Council's Affordable Housing Supply Programme (AHSP) facilitated the completion of over 1,000 new affordable homes in the city during the past year, despite facing budgetary reductions at the start of the financial year. The initial grant of £78.687 million from the Scottish Government
14/04/2025
A key phase of Scottish Water's £11.5 million project to upgrade a strategic rising sewer main connecting Renfrew and Glasgow is set to begin, resulting in a significant road closure. From Monday, 28 April 2025, Ferry Road in Renfrew will be closed to all vehicular traffic for a period of four mont
Morris & Spottiswood LtdRBT Underfloor LimitedForde Training Services LtdPlant Glazing LtdThe Water PointCRGP LimitedM&C McLean LtdStoneCleanScotland.co.ukDunedin Stone LtdSEEIT3D