National Wealth Fund announces a £31m commitment to Cornish Lithium to advance projects to next stage of development
Cornish Lithium, the innovative mineral development company pioneering the sustainable extraction of lithium in the UK is pleased to announce a further cornerstone investment by its institutional investors led by the NWF.
Fidra Energy reaches financial close on the UK's largest battery energy storage project, backed by EIG and the National Wealth Fund
Fidra Energy, a European battery energy storage system (BESS) platform headquartered in Edinburgh, UK, today announced it has secured up to £445 million of new equity investment from EIG and the National Wealth Fund (the NWF) as it reaches financial close on the UK’s largest Battery Energy Storage System (BESS) project at its Thorpe Marsh site in Doncaster, South Yorkshire.
Equitix consortium with Aware Super and the National Wealth Fund launches a £500 million platform to build, own, and operate UK battery storage assets
Equitix has formed a consortium with Aware Super, an Australian pension fund, and the UK’s National Wealth Fund (NWF) to invest £500 million into a new UK battery storage platform, Eelpower Energy.
National Wealth Fund announces £300m guarantee to support Haweswater Aqueduct Resilience Programme (HARP)
The National Wealth Fund (NWF) is today announcing a £300m Credit Enhancement Guarantee for Cascade Infrastructure Ltd – the Equitix, GLIL and STRABAG Consortium - which will design, build, finance and maintain the replacement of six tunnel sections of the Haweswater Aqueduct.
National Wealth Fund partners with Asterion to back UK grid flexibility through £50m investment in AMP Clean Energy
National Wealth Fund partners with Asterion to back UK grid flexibility through £50m investment in AMP Clean Energy
National Wealth Fund backs UK nuclear ambitions with milestone Sizewell C financing
The National Wealth Fund, the government’s principal investor and policy bank, will provide a term loan of up to £36.6bn to finance the construction of Sizewell C nuclear power station, strengthening the UK’s energy security through the provision of reliable, low carbon energy to households across the country.
New Incoming CEO of the National Wealth Fund
The Chancellor of the Exchequer has today announced the appointment of Oliver Holbourn as the new Chief Executive Officer of the National Wealth Fund, to lead it through its next chapter.
NWF helps accelerate Osprey EV charger rollout with £25m boost
Osprey Charging has today announced a £25million investment from the National Wealth Fund (NWF) to support its roll out of super-fast EV charging hubs at prime locations across the UK.
National Wealth Fund backs CityFibre in new funding round
The National Wealth Fund has committed to CityFibre’s latest funding round, expanding its existing debt facility alongside other lenders to support their rollout of full fibre broadband in some of the hardest to reach areas of the UK.
National Wealth Fund invests in Peak Cluster to secure a resilient future for cement and lime manufacturing in the UK
The National Wealth Fund has announced a £28.6m equity investment in Peak Cluster Ltd to support the development of a planned carbon dioxide transport pipeline.
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.
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