Mission Alignment

The Bank's investment in Lothian Broadband Group (LBG) aligns with the Bank’s place mission, to extend the equality of opportunity by improving places.

Digital inequality has been heightened during the pandemic and the investment supports LBG's commitment to bring quality digital infrastructure to rural communities and small towns across Scotland.

A vibrant rural digital economy supports new ways of working, helping reduce car journeys and assist a just transition to net zero by 2045.

“This investment will support the improvement of digital connectivity, helping to address inequality of access to digital infrastructure.''
Eilidh Mactaggart
CEO - Scottish National Investment Bank

Key Information

Key Mission
Improving Places

Amount Invested
Amount Invested £40m
Rural communities and small towns across Scotland
New Connections
70,000 new premises over next four years

Key Quotes

Eilidh Mactaggart, CEO of the Scottish National Investment Bank said:

“The Bank’s investment provides the cornerstone funding required for Lothian Broadband Group to rapidly accelerate its operational scale-up and fibre deployment in 2022.''

Gavin Rodgers, CEO of Lothian Broadband said:

“The backing of the Scottish National Investment Bank enables us to continue our rapid scale up as we establish the leading fibre-to-the-premise deployment platform for rural communities and small towns across Scotland.

“This new investment supports LBG’s commitment to building quality digital infrastructure and our inclusive, community-based approach to every village and town we serve.”

Alignment to the United Nation's Sustainable Development Goals

All of the investments the Bank makes support the UN's Sustainable Development Goals. This investment supports the goals below:

GOAL 4: Quality Education
Goal 4

Quality Education

GOAL 8: Decent Work and Economic Growth
Goal 8

Decent Work and Economic Growth

GOAL 9: Industry, Innovation and Infrastructure
Goal 9

Industry, Innovation and Infrastructure

GOAL 10: Reduced Inequality
Goal 10

Reduced Inequality

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