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Regional and local economic growth

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.
Wildanet van
Tag iconDigital
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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.
Hyperoptic van
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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.
Highview Power LAES storage facility
Tag iconEnergy storage
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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.
Ardersier Port
Ports
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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.
Two people in hi-vis working in a factory
Tag iconEnergy storage
Tag iconPrivate sector

UK Infrastructure Bank backs storage innovator Invinity to boost longer-duration energy storage in the UK

The UK Infrastructure Bank has today announced a £25 million direct equity investment into Invinity Energy Systems plc, a leading manufacturer of vanadium flow batteries, to support the commercial development of longer-duration energy storage from their base in Bathgate, Scotland.
UKIB Chief Strategy and Policy Officer Helen Williams and SNIB Head of Partnerships and Engagement David Ritchie
Tag iconImpact & Add.
Regional and local economic growth

The UK Infrastructure Bank and the Scottish National Investment Bank work together to accelerate Scottish projects

The UK Infrastructure Bank (UKIB) and the Scottish National Investment Bank (SNIB) have signed a Memorandum of Understanding (MOU) that cements our close working relationship and shared ambition to attract additional private investment into Scotland.
Whitehall Quay
Tag iconImpact & Add.
Regional and local economic growth

UK Infrastructure Bank commits to Leeds with new long-term office lease

The UK Infrastructure Bank has signed a 15-year lease on a new office space in Leeds, reaffirming its commitment to building an enduring institution in the city.
A bus going over a bridge
Transport
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Regional and local economic growth

UK Infrastructure Bank, Rock Rail and Aviva launch £100m funding platform to support ‘Rock Road’ in accelerating the UK’s transition to a zero emission bus network

The UK Infrastructure Bank, Rock Rail and Aviva, through its in-house capital unit Aviva Capital Partners, have formed a partnership to provide a new funding platform for zero emission bus financier ‘Rock Road’. The partnership, alongside a debt facility from UK Infrastructure Bank and HSBC UK, is committing an initial £100m to fund up to 250 zero emission buses and associated infrastructure.
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Tag iconNatural capital
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Regional and local economic growth

UK Infrastructure Bank backs Greensphere Capital’s innovative British climate and nature fund

UK Infrastructure Bank has today announced a commitment of up to £50 million* on a match-funding basis to Greensphere Capital for its Gaia Sciences Innovation fund.
GeoPura green hydrogen
Hydrogen
Tag iconPrivate sector

UK Infrastructure Bank backs UK’s green hydrogen expansion with £30 million GeoPura investment

The UK Infrastructure Bank has committed £30million to support the expansion of UK-based green hydrogen pioneer, GeoPura, helping to accelerate the UK’s adoption of green hydrogen.
Gigafactory visualisation
Supply chain
Transport
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UK Infrastructure Bank provides £200 million boost to AESC gigafactory

The UK Infrastructure Bank has announced a £200 million loan to support the development of AESC’s gigafactory in the North East of England, helping to strengthen the UK’s electric vehicle supply chain and providing a boost to the regional economy.
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