(IN BRIEF) Iberdrola, through ScottishPower, has secured £600 million in financing from the National Wealth Fund to advance the Eastern Green Link 4 project, a major subsea electricity interconnector linking Scotland and England. The 2GW, 530 km HVDC cable will … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged Clean Power targets, decarbonisation, Douglas Alexander, Eastern Green Link 4, EGL4, electricity transmission, electrification, energy security, energy transition, Fife, HVDC interconnector, Iberdrola, Iberdrola Expands UK Network Investment Programme with £600 Million Backing for High-Capacity Electricity Interconnector, Iberdrola Secures Major Investment to Deliver Eastern Green Link 4 Enhancing Renewable Energy Transmission Across Britain, Keith Anderson, Michael Shanks, National Energy System Operator, National Wealth Fund, NESO, Norfolk, Oliver Holbourn, power network expansion, Public Private Partnership, Rachel Reeves, renewable energy, ScottishPower, Subsea Cable, UK energy infrastructure, UK grid investment
(IN BRIEF) Centrica will invest £1.3 billion for a 15% stake in Sizewell C, joining HM Government, La Caisse, EDF and Amber Infrastructure under a RAB model that offers inflation‑protected returns and protections against overruns. The project provides a 10.8% real … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged Amber Infrastructure Group, British energy security, Centrica plc, Chris O’Shea, clean homegrown energy, infrastructure portfolio rebuild, Julia Pyke, net zero journey, Nigel Cann, nuclear investment, partnership, predictable earnings, Rachel Reeves, regulated returns, Sizewell C, Sizewell C Holdings Limited, sustainability, UK energy independence
(IN BRIEF) Rothesay has committed £150m to a new unsecured debt facility for social housing retrofitting, launched by the National Wealth Fund (NWF) and The Housing Finance Corporation (THFC). The facility, with an initial £150m guarantee from the NWF, enables … Read the full press release
Posted in Business, Financial, Industrial, Infrastructure & Utilities, Insurance, Investment, Management, News, Real Estate, United Kingdom
Tagged bond market investors, capital, Chancellor of the Exchequer, decarbonization, demand, emissions, energy consumption, energy efficiency, financial guarantee, housing stock, institutional capital, John Flint, long-term loans, National Wealth Fund, net zero, NWF, NWF Chief Executive Officer, Priya Nair, Rachel Reeves, registered providers, Rothesay, Rothesay Chief Executive, RPs, secured lending, social housing retrofit, Sustainable Communities, The Housing Finance Corporation, THFC, THFC Chief Executive, Tom Pearce, unsecured debt facility, £250m
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