ETZ and Scottish Enterprise have opened a £2.5m fund to bring vacant and underused industrial premises in Aberdeen and Aberdeenshire back into productive use for the energy-transition supply chain.
Announced on 2 November, the Property Improvement Fund offers support of up to £500,000 per project, capped at 30% of eligible costs. Scottish Enterprise provides the funding and ETZ administers the scheme.
Eligible projects must involve existing industrial property that could serve businesses operating in, or supplying, energy-transition markets. Work can include building-performance upgrades, low-carbon energy and heating systems, accessibility improvements and energy assessments.
Applications will be judged on deliverability, occupier demand, economic impact, private investment and carbon performance. ETZ expects initial proposals to be reviewed before year-end, with funding available across 2027 and 2028.
The programme gives property owners and prospective occupiers a route to improve industrial space for expanding energy businesses. Awards remain subject to assessment; the announcement does not identify recipients or a confirmed number of new jobs for this round.
Explore Power & Utilities jobs and Oil & Gas jobs.
Source and application guidance: ETZ announcement, 2 November 2026.
Image credit: Illustrative location file photograph: North Altens Industrial Estate, Aberdeen, 20 June 2022. The pictured premises are not identified as recipients of the new fund. Mike Pennington / Geograph via Wikimedia Commons, CC BY-SA 2.0. Resized and converted to WebP; same licence retained.
Compiled by Energy People with AI assistance from linked sources.
