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The Independent UK
The Independent UK
National
Craig Paton

Yousaf announces £25m boost for just transition to green energy

the Scottish National Investment Bank Humza Yousaf Willie Watt Oil SNIB
PA Wire

First Minister Humza Yousaf has announced £25 million in funding for the Scottish National Investment Bank (SNIB) to be invested in the transition away from oil and gas.

On his first visit to Aberdeen – the country’s energy hub – since taking office last week, Mr Yousaf announced £25 million of the Just Transition Fund will be handed to the bank in order to “leverage further private investment” in the north east.

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