Funding to Ferguson Marine Engineering Limited or Clyde Blowers Capital: FOI release

FOI reference: FOI/18/01889  
Date received: 8 July 2018  
Date responded: 7 September 2018

You asked “if any public funding has been given in any form to Ferguson Marine Engineering Limited or any company directly related to it, including the owner, Clyde Blowers Capital, since its incorporation at Companies House Edinburgh on 28th August 2014 other than the £30m Government Loan announced by the Cabinet Secretary on 27th June 2018.

The Scottish Government does not hold detailed information on all public funding provided to private companies in Scotland. The Scottish Government and all public bodies report their expenditure, including commercial transactions, in their published annual accounts.
In September 2017 the Scottish Government agreed to provide a commercial loan facility of up to £15 million to Ferguson Marine Engineering Limited. This facility was fully drawn in the financial year 2017-18 and the expenditure will be recorded in the Scottish Government’s Consolidated Accounts for 2017-18 when they are published in September 2018.
The Consolidated Accounts of the Scottish Government for the years before 2017-18 are available from the Scottish Government’s website.

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