National Wealth Fund supports Wessex Internet with rural broadband rollout
The National Wealth Fund (‘NWF’) has announced a £50m commitment to regional full fibre operator Wessex Internet (‘Wessex’) to support their rollout of full fibre broadband to rural communities in Dorset, Somerset, Hampshire and Wiltshire.
National Wealth Fund & UKEF join forces to boost investment in Sunderland gigafactory
Through the National Wealth Fund (NWF) and UK Export Finance (UKEF), the UK government is helping to secure more than £1 billion of investment into the construction and operation of battery-maker AESC’s second gigafactory in Sunderland, strengthening the UK's battery-production capacity while boosting jobs, skills and growth in the North-East of England.
National Wealth Fund backs Scottish Power to boost UK grid upgrades
The National Wealth Fund (NWF) has today announced a £600m commitment to Iberdrola to upgrade the British power grid through its subsidiary, Scottish Power – supporting hundreds of jobs and helping to pave the way for a new era of clean electricity.
National Wealth Fund and NatWest Group to deliver £500m of funding for social housing retrofit
The National Wealth Fund (NWF) has today announced a financial guarantee of up to £400 million to cover a series of new loans provided by NatWest Group to registered providers for the retrofit of social housing stock in the UK.
Chancellor sets out strategic priorities for National Wealth Fund
HM Treasury has today published a statement of strategic priorities for the National Wealth Fund (NWF), further cementing its primary role helping to drive forward the Government’s growth and clean energy missions.
National Wealth Fund backs Solihull’s new low carbon Energy Network
Solihull Council has secured financing from the National Wealth Fund (NWF) to help deliver its ambitious town centre energy network. The innovative new network will provide low carbon heating, hot water and power (electricity) to a range of town centre buildings, helping to reduce fuel bills and future-proof against changes in customer energy needs.
National Wealth Fund and The Housing Finance Corporation launch new unsecured debt facility for social housing retrofit with £150m commitment from Rothesay
The National Wealth Fund (NWF) has today confirmed an initial £150m financial guarantee to support The Housing Finance Corporation (THFC) to make long-term, unsecured loans to help registered providers (RPs) retrofit their social housing stock in the UK.
National Wealth Fund and Scottish National Investment Bank drive a sustainable packaging step-change with investment in Pulpex
Pulpex Limited, the sustainable packaging technology company, has today announced a £62m Series D investment round led by the National Wealth Fund (“the NWF”) and the Scottish National Investment Bank (“the Bank”).
John Flint to step down as CEO of the National Wealth Fund this summer
John Flint is to step down as CEO of the National Wealth Fund (NWF) in the summer, after successfully seeing the organisation through its transition from the UK Infrastructure Bank (UKIB).
Connected Kerb secures £65m backing from The National Wealth Fund and Aviva to accelerate the UK's EV public charging network expansion
The National Wealth Fund (NWF) has committed a £55m ordinary equity investment to support Connected Kerb’s in its continued expansion of the UK’s on-street electric vehicle charging network.
National Wealth Fund drives growth with a £28.6m investment into Cornish Metals Inc, facilitating the domestic supply of tin
The National Wealth Fund has today announced a £28.6m direct equity investment into Cornish Metals Inc, to help finance the re-opening of Cornwall’s South Crofty tin mine, creating more than 300 direct local jobs.
John Flint appointed CBE
National Wealth Fund Chief Executive, John Flint, has been appointed CBE in the King’s New Years Honours List for his contribution to public service.
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