£25m UK unlocks Inverness Green Freeport funding

The UK Government signed a memorandum of understanding with the Scottish Government, Highland Council and Inverness and Cromarty Green Freeport to create a formal cooperation framework and unlock £25 million of UK Government capital funding.

• Main action: The MoU signed by UK Government, Scottish Government, Highland Council, and Inverness and Cromarty Green Freeport establishes a formal framework for cooperation and unlocks £25 million of UK Government capital funding immediately; the MoU also references UK Government tax incentives to support the Freeport.
• Background and implementation details: The Freeport is planned to support skills and regional growth over the next 25 years, targeting more than 11,000 long-term jobs and attracting over £6.5 billion of investment; the signing event details:
  • Date: 26 September 2025
  • Time: not stated
  • Location: Aurora Energy Services’ recently opened training facility, Inverness
  • Agenda/subject: Signing of MoU to establish cooperation framework and unlock capital funding for the Inverness and Cromarty Green Freeport