A new report examining how the UK financial sector can best support the UK’s future green ambitions has been launched by the Minister for Industry Sarah Jones.
The UK government has confirmed over £24 billion in private investment in energy projects, which is pegged to deliver growth in the clean energy sector and boost the nation’s economy.
The UK Infrastructure Bank (UKIB) has made a major investment into subsea high voltage direct current (HVDC) cable manufacturer XLCC to support a new factory in Scotland.
UK Export Finance (UKEF) and KUKE, the UK and Polish export credit agencies, have guaranteed a €249 million (£213 million) loan to Turkish renewable energy investment company Kalyon Enerji.