National Wealth Fund, Barclays UK Corporate Bank and Lloyds Banking Group join forces to unleash £1 billion to retrofit social housing
The NWF has today announced financial guarantees that will see Barclays UK Corporate Bank and Lloyds Banking Group deliver £1 billion of funding to accelerate the retrofit of social housing in the UK.
UK Infrastructure Bank becomes the National Wealth Fund
The UK Infrastructure Bank (UKIB) is becoming the National Wealth Fund (NWF), as announced by the Chancellor, Rachel Reeves, at the International Investment summit in London today.
UK Infrastructure Bank provides £25 million to support crucial coastal flood defence scheme in West Wales
The UK Infrastructure Bank has committed £25 million to Ceredigion County Council to help protect the coastal community of Aberaeron against flooding.
UK Infrastructure Bank and XLCC confirm subsea cable investment
The UK Infrastructure Bank (UKIB) has today announced an investment in subsea HVDC cable manufacturer XLCC to develop a new world-leading factory in Hunterston in Scotland.
Fibrus secures UK Infrastructure Bank backing to boost rural broadband in Cumbria
The UK Infrastructure Bank has committed a £55 million loan to Full Fibre broadband provider Fibrus to accelerate broadband rollout to rural areas in Cumbria.
UK Infrastructure Bank supports West Suffolk Council to expand milestone net zero fund
The UK Infrastructure Bank has today announced a £17 million loan facility to West Suffolk Council to deliver a programme of net zero projects, including building decarbonisation, solar installations, and electric vehicle fleet upgrades.
UK Infrastructure Bank and Natwest back Quickline to boost rural broadband connectivity across Northern England
The UK Infrastructure Bank has today announced a £125 million term loan and £100 million debt guarantee, alongside a £25 million term loan provided by Natwest to support Quickline Communication’s large-scale broadband expansion in Yorkshire and Lincolnshire.
UK Infrastructure Bank gives broadband boost to rural Cornwall with £35 million investment in Wildanet
The UK Infrastructure Bank has committed a £35 million investment into Cornwall-based internet provider Wildanet.
UK Infrastructure Bank's statement on the National Wealth Fund
Yesterday Chancellor of the Exchequer Rachel Reeves announced details of the National Wealth Fund and confirmed £7.3bn of additional funding will be allocated through the Bank.
UK Infrastructure Bank backs Hyperoptic to support full fibre rollout across the UK
The UK Infrastructure Bank has made a £150m commitment to internet service provider Hyperoptic to finance the rollout of fast and reliable gigabit-capable broadband to premises across the country.
UK Infrastructure Bank backs Highview Power with £165 million to deliver cutting edge long-duration energy storage facility
The UK Infrastructure Bank has invested £165 million to support Highview Power with the construction of the first commercial-scale liquid air energy storage (LAES) plant in the UK.
UK Infrastructure Bank and Scottish National Investment Bank announce £100 million credit facility for Haventus' Ardersier Port energy transition facility
Haventus, the energy transition facilities provider, and owner of Ardersier Port, east of Inverness, has secured a £100 million joint credit facility from the UK Infrastructure Bank (UKIB) and the Scottish National Investment Bank with £50 million investment from each.
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