'Pivotal step': UKIB invests £60m in Pragmatic Semiconductor

Stuart Stone
clock • 3 min read
Pragmatic Park - Credit: Pragmatic Semiconductor
Image:

Pragmatic Park - Credit: Pragmatic Semiconductor

UK Infrastructure Bank pledges £60m to move towards improved semiconductor supply chains and a reindustrialised north east

The UK Infrastructure Bank (UKIB) has today announced a £60m direct equity investment into Pragmatic Semiconductor in a bid to scale up domestic tech supply chains in north east England. The funding...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

Dan McGrail appointed as permanent CEO at Great British Energy

Dan McGrail appointed as permanent CEO at Great British Energy

Interim CEO to take up full time role at new government-backed clean energy investment vehicle

James Murray
clock 07 July 2025 • 3 min read
'Once-in-a-generation opportunity': Cardiff International Sports Village plans to push city towards carbon neutrality by 2030

'Once-in-a-generation opportunity': Cardiff International Sports Village plans to push city towards carbon neutrality by 2030

Council shares update on eco-friendly homes and green energy infrastructure at the heart of city's billion-pound regeneration project

Stuart Stone
clock 07 July 2025 • 3 min read
British International Investment committed £708m in climate finance in 2024

British International Investment committed £708m in climate finance in 2024

Climate finance assets now make up 26 per cent of UK development finance institution's portfolio, annual review shows

Stuart Stone
clock 04 July 2025 • 3 min read