£26m funds boost for energy transition zone
- Date: 19-Jun-2021
- Source: Energy Voice
- Sector:Financial Markets
- Country:Gulf
£26m funds boost for energy transition zone
A major development to shift the economy away from reliance on oil and gas is being given £26 million by the Scottish Government.
The funds will be invested in the energy transition zone (ETZ) next to Aberdeen's £350m south harbour development.
It follows a similar funding boost from the UK Government in Chancellor Rishi Sunak's budget earlier this year.