News
31 January 2024

UKIB provides £200m loan to AESC gigafactory

In:
Power
Region:
Europe

The UK Infrastructure Bank has announced a £200 million ($254 million) loan to support the development of AESC’s gigafactory in the North East of England.The bridging loan will support the construction of the 15.8GWh gigafactory in Sunderland, which started in 2022. The factory will...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
27 March 2026

Are climate funds a good fit for DFIs?

DFIs are increasingly turning to funds to deploy their capital, with the product increasingly rivalling project finance structures. But the benefits in scale and risk...

Perspective
31 March 2026

Has SkyNRG removed doubts about SAF’s future?

The financing for SkyNRG’s DSL-01 SAF plant represents a bold bet on the fuel by its offtaker KLM. Until the industry can silence doubts about costs and policy support,...