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.
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.
Cornish Lithium equity investment
In August 2023, the UK Infrastructure Bank made an equity investment of approximately £24 million to support Cornish Lithium in the development of the UK’s critical mineral supply chain. Here we take a look at the key impacts of the deal and hear from Cornish Lithium’s CEO Jeremy Wrathall.
GRIDSERVE senior debt investment
In July 2023, the UK Infrastructure Bank committed £45m in senior debt to support GRIDSERVE, a sustainable energy business and Electric Vehicle charge point operator, with the roll-out of critical Electric Vehicle charging infrastructure across motorway service areas in the UK.
Port of Tyne debt investment
In June 2023, the UK Infrastructure Bank committed up to £50 million for the Port of Tyne’s regeneration and expansion plans to help boost local and regional growth.