GIB invests in a third Scottish Distillery

In the United Kingdom, the
UK Green Investment Bank announced further investment in the Scottish
drinks industry as Balmenach Distillery becomes the third Scottish
distillery to benefit from GIB funding. The project at Balmenach
will replace the distillery’s  heavy fuel oil boiler with a biomass
boiler. As the distillery is in a remote part of the Scottish Highlands,
and therefore not on the national grid, heavy fuel oil has been used to
meet its energy needs. The project at Balmenach distillery in Speyside
will be financed from the £5m of funding announced by GIB last month,
and Balmenach will also be making a capital contribution to put in place
the new infrastructure needed to support the project.