Scottish National Investment Bank and Scottish Energy Company: FOI release

FOI reference: FOI/17/02905
Date received: 28 November 2017
Date responded: 10 January 2018

Information requested

You asked for an update on the Scottish National Investment Bank and the Scottish Energy Company. Following a request for clarification this request was narrowed to:

• The assignment of resources to either project
• The assignment of staff to either project
• A list of stakeholders engaged during policy development.

Response

The answer to your question is delivered in two separate sections:

1. Scottish National Investment Bank: I enclose a copy of most of the information you requested. The determining criteria for redactions are where those stakeholders engaged do not have a public profile (for example, they are not Board Members or Chief Executive-level).

2. Scottish Energy Company: I enclose a copy of most of the information you requested. With regard to the information you requested, under section 25(1) of FOISA, we do not have to give you information which is already reasonably accessible to you. If, however, you do not have internet access to obtain this information from the website listed, then please contact me again and I will send you a paper copy.

1. Scottish National Investment Bank.

The Consultation on the Scottish National Investment Bank concluded on 20/11/2017, the responses were published on 18 December 2017 as part of the standard consultation process and can be viewed online.

The analysis report will also be published on https://consult.gov.scot in due course. In addition to the consultation, a detailed engagement process has been conducted with a wide variety of stakeholders, to seek views on the proposal to establish a Scottish National Investment Bank. The following individuals / organisations were part of this engagement process:

Individual Engagements

Stakeholder	Organisation
Peter Reekie	SFT (Infrastructure)
Bob Keillor	SE (Financing)
Mariana Mazzucato	CEA
Lord Robert Smith	Chairman GIB
(Redacted)	Development Bank Wales
(Redacted)	Welsh Bank
(Redacted)	SIB/SE
Hugh Aitken	CBI
(Redacted)	Asian Infrastructure Investment Bank
(Redacted)	Scottish Equity Partners
(Redacted)	Maven Capital
(Redacted)	Epidarex Capital
(Redacted)	SFE
(Redacted)	Former GIB Project Team
Robin McAlpine	Common Weal
(Redacted)	Business Growth Fund
Will Hutton	Oxford University
(Redacted)	British Business Bank
(Redacted)	Welsh Bank
CEOs	Scottish Cities Alliance
Robin Marshal	Managing Director, Bain Capital

Group Engagements

Stakeholder	Role/Capacity
(Redacted)	Archangels
(Redacted)	Old College Capital
Scott Coates	Wireless Infrastructure Group
Gordon Dewar	Edinburgh Airport
(Redacted)	Dundas Global Investors
Alison MacGregor	HSBC (Scotland)
(Redacted)	Pincent Masons
(Redacted)	Wheatley Group
(Redacted)	Green Investment Group
Malcolm Buchanan	Royal Bank of Scotland
Chris Stewart	Chris Stewart Group
(Redacted)	Noble Grossart
Carole Cran	Aggreko
(Redacted)	Maven Capital
(Redacted)	Dalmore Capital
(Redacted)	Pollen Capital
(Redacted)	Global Infrastructure Partners
(Redacted)	Business Growth Fund
Will Hutton	Oxford University
Jenny Tooth	UK Business Angels Association
(Redacted)	Juno Capital LLP
(Redacted)	Silicon Valley Bank
Mark Payton	Mercia
Paul Lewis	Scottish Enterprise
Murray McCall	Anderson Strathern
(Redacted)	N/A
David Grahame	LINC Scotland
(Redacted)	Strathclyde University
Stephen Robertson	Metis Partners
George Tait	The Three Stills Company/Innis & Gunn
(Redacted)	Business Growth Fund
Julie Glenny	Maven Capital
Stevie Scott	Penta Capital
Brian Aitken	Nevis Capital
Calum Cusiter	Souter Investments
Evelyn McDonald	EDGE Fund
(Redacted)	North East Enterprise Trust
Evelyn Simpson	Investing Women
Matthew Benson	Retties
(Redacted)	Global Infrastructure Partners
Karen Asher	Entrepreneurial Spark
(Redacted)	Scottish Investment Bank

Assignment of staff

Policy officials in the Economic Policy Unit are leading this project, supported by colleagues from across the Scottish Government as required. Civil servants may be required to work in more than one policy area at any given time.

Wider Resources

The Scottish Government staff resources are augmented through dedicated support from bodies such as Scottish Enterprise and Scottish Futures Trust.

External services have been contracted in order to provide professional advice to the Scottish Government in this work. Advisory services were obtained through the existing Scottish Government Framework the total budget for this contract is around £350,000. In addition to this, a research project has been commissioned from the Institute for Innovation and Public Purpose, the value of this contract is £45,000.

2. Scottish Energy Company

Some of the information you have requested is available from https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=NOV301311

Under section 25(1) of FOISA, we do not have to give you information which is already reasonably accessible to you. If, however, you do not have internet access to obtain this information from the website listed, then please contact me again and I will send you a paper copy.

Legal services were obtained through the existing SG Framework, the value of this contract is up to £50,000.

Assignment of staff:

Policy officials in the Consumers and Low Carbon Division are leading this project, supported by the Better Homes Division and will draw on expertise from colleagues from across the Scottish Government as required. Civil servants may be required to work in more than one policy area at any given time.

Stakeholder engagement:

The Draft Scottish Energy Strategy: The Future of Energy in Scotland consultation asked for views on the idea of a Government-owned energy company to support the development of local energy. 252 responses were received from both organisations and individuals. The analysis of the responses provides more details on the respondents and was published on 14 November 2017. The analysis report can be found here: http://www.gov.scot/Resource/0052/00527583.pdf

In addition to the consultation, a workshop was held on 27 March 2017 to seek views from stakeholders on the proposal to establish a Government-owned energy company.

The following organisations had representation at the workshop:

SEPA
Centrica plc
RES
Scottish Cities Alliance
Independent Consultant
The Carbon Trust
Angus Council
Veitch Cooper Limited
Local Energy Scotland
Energy UK
Ricardo Energy & Environment
EDF Energy
Star Renewable Energy
Scottish Federation of Housing Associations
NHS Health Scotland
Highland Council
University of Strathclyde
Glasgow City Council
Fintry Development Trust
Highlands and Islands Enterprise
Spark Energy Ltd
Consumer Futures Unit, Citizens Advice Scotland
Citizen Advice
The City of Edinburgh Council
Vattenfall
Scottish Renewables
Shepherd & Wedderburn LLP
North Lanarkshire Council
ScottishPower
Scottish Enterprise - Renewable Energy Investment Fund
Melness & Tongue Community Development Trust
Comisean na Coilltearachd Alba
Scottish Renewables
Energy Saving Trust
Community Energy Scotland
Energy Action Scotland
SSE
Ionica Energy
PwC
WWF SCOTLAND
COSLA
Snell Bridge
Changeworks
ALACHO
Scottish Enterprise
Scottish Futures Trust

About FOI

The Scottish Government is committed to publishing all information released in response to Freedom of Information requests. View all FOI responses at http://www.gov.scot/foi-responses