Forth Energy's proposed biomass plant at Grangemouth could be the first Scottish investment for the Green Investment Bank (GIB).

The £465 million combined heat and power (CHP) project was approved by the Scottish Government this month amid criticism from environmental campaigners that it will cause pollution and involve transportation of woodchips from around the world.

Rob Cormie, GIB operations director, said the bank's broad project pipeline "includes an awful lot of Scottish deals" some of which could come to fruition over the next 12 months.

Energy efficiency in public sector estates, such as NHS Scotland, and support for the government's Green Deal on energy saving at home were also on the list.

Mr Cormie, the former Quayle Munro executive, was commenting as the GIB launched a two-day roadshow in Edinburgh and London to highlight its first annual review.

The review showed the bank invested £635m in 11 low-carbon projects, leveraging £1.6bn of private investment.

Mr Cormie said the bank was looking at how it could support the key offshore wind sector by sharing some construction risk with utilities and banks, saying: "We are exploring ways of working alongside other parties in a vehicle that would allow us to 'crowd in' capital."