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Synopsis
Scottish National Investment Bank, a development bank, and SSE, an energy infrastructure company, completed a £29m investment in Renewco Power, a renewable energy developer. “This investment is a strong endorsement of the team and quality of our project pipeline that we have assembled over the last five years. We are proud to be a Scotland headquartered business, and the Bank is a natural fit to support us on our growth journey. This investment allows us to remain at the forefront of renewable energy in Scotland and significantly contribute to the country’s net zero ambitions,” Gavin McCallum, Renewco Power CEO.
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