The Renewable Energy Investment Fund (REIF) helps promote the use of energy from renewable sources and drive further investment into key areas of Scotland’s renewables industry.
Alongside private sector parties, REIF will provide innovative interventions tailored to individual project requirements and is expected to significantly accelerate access to finance for key projects in the renewables sector that have demonstrable funding gaps.
Designed to complement existing public and private sector finance schemes currently available in Scotland, REIF has £103 million available to provide loans, equity investments and guarantees (but not grant funding) for projects that will either:
REIF will also consider projects in other areas that support the delivery of energy from a renewable source or are an innovative renewable energy technology.
REIF is delivered by the Scottish Investment Bank, on behalf of the Scottish Government and its enterprise agencies.
REIF questions and answers (PDF, 33kb)