MENU SCOTTISH PARTNERSHIP FOR REGENERATION IN URBAN CENTRES ABOUT SPRUCE Home OUR FUNDS SCOTTISH PARTNERSHIP FOR REGENERATION IN URBAN CENTRES ABOUT SPRUCE SPRUCE provides affordable, flexible finance as a co-investor alongside public and private sector sponsors developing revenue generating projects. Typically, projects will address market failure, will demonstrate a strong regeneration or low carbon rationale, and will generate direct employment benefits to local communities across Scotland. Funding is provided in the form of competitively priced senior loans, mezzanine loans and equity. Funding can be provided to public, private or joint venture entities. SPRUCE is not able to provide support in the form of grants. SPRUCE has a defined Investment Policy which sets the parameters for the sectors and projects that can be supported through the deployment of the fund’s capital. The fund completed the initial investment of all the European Regional Development Fund (ERDF) monies in 2015, and has now entered its Recycling Period. In the period to 2021 SPRUCE can support a wide range of projects with this recycled capital. Projects could include the development or refurbishment of employment space, the conversion or adaptation of industrial sites, and the conversion or adaptation of business centres or employment and training facilities. Where SPRUCE invests in projects involving the development, construction or refurbishment of business space, the fund seeks to ensure that the space will be occupied both in the short and longer term. Projects can include social infrastructure projects which form part of larger integrated development proposals, as well as energy efficiency retrofit and renewable energy generation. Financial support from SPRUCE is provided in the form of facilities to be repaid within an agreed timescale. For queries on SPRUCE or to discuss potential projects, please contact info@amberinfrastructure.com Case studies of SPRUCE's Urban Development projects can be found here. Case studies of SPRUCE's Sustainable Energy Projects can be viewed here. © 2021 Amber Infrastructure Group Accessibility Terms and conditions Sitemap Privacy and cookies Policies and Statements Modern Slavery Act Transparency Statement emperor.works Cookie Control Link Icon ANALYTICS COOKIES We'd like to set Google Analytics cookies to help us to improve our website by collecting and reporting information on how you use it. The cookies collect information in a way that does not directly identify anyone. If you choose to switch these cookies off (by moving the slide bar to 'Off') we will not be able to track, on any anonymous basis, how many visitors we have to our site, and therefore monitor its performance. For more information on how these cookies work, please see our privacy and cookies page. Analytics cookies On Off Cookie Control Icon