UK Infrastructure Bank earmarks £87m for subsea cable factory

Stuart Stone
clock • 3 min read
Hunterston, Scotland Credit: iStock
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Hunterston, Scotland Credit: iStock

UK Infrastructure Bank and XLCC confirm factory funding as National Grid breaks ground on £4.3bn subsea 'superhighway'

The UK Infrastructure Bank (UKIB) yesterday ringfenced a potential £87m of investment for a new subsea HVDC cable factory in Hunterston on the west coast of Scotland. The funding for Essex-based cable...

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