Second Scottish project wins UK Treasury backing for bond

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Second Scottish project wins UK Treasury backing for bond

spey in spate scotland
Creag Liath, Creag Chathalain and Spey river west of Grava bridge, Scotland in spring | frederic49 - Fotolia

A joint announcement by Green Investment Bank, John Laing and Estover Energy has revealed that the UK Treasury will guarantee a £48m 12 year bond as part of the financing for a £74m green energy power plant in Speyside. It will be the second bond for an infrastructure project in Scotland to benefit from the government's guarantee scheme.

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