The loan increase, which brings the total to around €820m, will support the development, modernisation and digitalisation of Iberdrola’s electricity distribution network

The loan will support the construction of solar and wind farms with a total capacity of around 1,800MW, generating enough electricity to power around one million homes

In recent weeks, the energy giant has been in bailout talks with the German Government

Johnson Matthey will receive the loan, which is the largest for any hydrogen-focused UK company

The scheme is believed to encourage more people to install low carbon measures in their homes

It will allow the government to continue its policies to address structural challenges to achieve fiscal sustainability as well as strengthen low carbon development and support the country’s commitment to carbon neutrality by 2050

A new scheme will reportedly give customers the chance to underwrite loans to energy firms

The wind farms, which will have a total capacity of 149.4MW, were awarded individual 15-year Contracts for Differences under auctions held in 2018 and 2019

Students who are able to provide written evidence of their electricity costs will be able to apply for an additional loan this winter

The financing will support the upgrade of its kraftliner mill at Obbola, further enhancing production of recyclable and renewable packaging with a process known as papermaking 4.0 and helping reduce its carbon footprint