Scotland unveils 62 million pound fund to support energy sector

www.reuters.com
1 min read
difficult
The Scottish government said on Friday it has set up a 62 million pound ($78 million) fund to help the energy industry recover from the impacts of the coronavirus crisis and the collapse in oil and gas prices.
LONDON (Reuters) -

The energy transition fund will support businesses in the sector over the next five years and help to attract private sector investment, focusing on Scotland's north east.

Projects under consideration for funding include an underwater hub in Aberdeen to help the subsea and underwater sector to grow, an energy transition zone business park, and hydrogen…
Reuters Editorial
Read full article