Scottish and Southern Energy has announced that it will invest another £3 billion in the Scottish energy network in the next three years.

A large portion of this money will be spent on building its Scotia Gas Networks subsidiary, which operates around 74,000km of gas mains, while additional funds will also be ploughed into renewable energy sources.

The announcement follows a £5 million investment in new leading edge training facilities.

According to the Herald, the money for these new projects has been raised by share placings which yielded £2.7 billion, in addition to the issuance of a new £700 million five-year bond facility.

The company has also recently entered into a partnership with Carnegie college to offer new apprenticeships to prepare UK workers for a career in the oil and gas industry.

Scotland has also attracted large-scale investment from Opito, which recently cut the red tape at a state of the art training and development centre serving the UK's upstream and downstream energy operations.

Global Education and Training event for Oil and Gas: Refining and Petrochemicals