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Highview Power LAES Storage Facility

Highview investment

In June 2024 the National Wealth Fund (which was the UK Infrastructure Bank at the time) committed £165m to support Highview Power Ltd in constructing the World’s first commercial-scale Liquid Air Energy Storage (LAES) asset in the UK at Carrington in Greater Manchester.
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Ardersier Port

Ardersier Port debt investment

In May 2024 the National Wealth Fund (which was the UK Infrastructure Bank until October 2024) committed a £50 million credit facility, alongside a matched commitment from the Scottish National Investment Bank (SNIB), for Haventus' Ardersier Port energy transition facility.
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Holbeck Group Repair Recreations

Accelerating building decarbonisation in Leeds

The Leeds Low Carbon Accelerator (LLCA) is working on the design of a ‘one stop shop’ service to deliver a hyper-local, fully supported, end-to-end customer proposition that will enable more homeowners to retrofit their homes.
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Rooftop Solar Panels

West Suffolk Council: packaging projects together into a viable proposition

UKIB will provide a £17 million loan to West Suffolk Council to support delivery of a programme of net zero projects, including building decarbonisation, roof top solar, transitioning the Council’s fleet to electric vehicles, renewable energy investment as part of major projects and the decarbonisation of community assets such as upgrading street lights to LEDs.

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Private sector finance
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Private Sector Case Studies
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About us
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Our Executive Commitee
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Impact
Reports and accounts
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Inclusion
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The National Wealth Fund is the trading name of the National Wealth Fund Limited, which is a private limited company registered in England and Wales, registration number 06816271 and is wholly owned by HM Treasury. The registered office address is 2 Whitehall Quay, Leeds, LS1 4HR. The National Wealth Fund Limited is not a banking institution and does not operate as such. It is not authorised or regulated by the Prudential Regulation Authority (PRA) or the Financial Conduct Authority (FCA).

The information contained on this website is not intended to constitute, and should not be construed as, an invitation or inducement to engage in investment activity (a “financial promotion”) for the purposes of the Financial Services and Markets Act 2000.

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