News

Pentland Floating Offshore Wind Farm announces investment from the National Wealth Fund, Great British Energy, and the Scottish National Investment Bank.

The National Wealth Fund has announced a £25m commitment to Denham Capital-backed Roam to help accelerate the rollout of its fast-charging electric vehicle charging points across the UK.

The National Wealth Fund (NWF) today launches a new and enhanced regional offer for local authorities, designed to accelerate the development and delivery of key growth and clean energy projects across the UK. 

The National Wealth Fund has today announced financing for Hull City Council’s district heat project, which will provide low-carbon, reliable heat to buildings across the city centre. 

The National Wealth Fund has today announced a £15.0m loan to back an operations and maintenance (O&M) centre that will support major offshore wind projects off the east coast.

Orkney Islands Council (OIC) has secured a loan from The National Wealth Fund (NWF) for its six-turbine wind farm at Quanterness.

Investments double in last 12 months, with a quarter of total capital now committed, over £16.2bn in private finance mobilised and over 64k jobs supported or created across the portfolio.

Experienced banking executive, Susan Urkevich, will join the NWF as Chief Operating Officer (COO) on 3rd November, based at its Leeds Headquarters.

Experts in investment, risk management and local and central government have been appointed to the National Wealth Fund Board, as it moves into a new chapter.

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, 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 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.