UK Export Finance

UKEF has projected that green trade will be worth £1.8tn by 2030 and is calling for more exporters to take advantage of this

The export credit agency has committed to making all of its £50 billion capacity carbon-neutral by 2050 on a net basis

The environmental management firm’s building will be entirely powered by renewable energy

Wood plc will receive the loan to increase clean growth exports, green jobs and take advantage of the energy transition

UK Export Finance has signed an MoU with ORE Catapult to promote UK offshore wind expertise to companies abroad

Financing was provided for projects including offshore wind farms, solar farms and major transportation projects

East Anglia-based company Seajacks will ship the material needed to install the turbines and Trelleborg will provide protection systems for the cables which connect the turbines to the mainland

UK-based Aqua Africa will use the finance for solar powered technology to deliver five litres of water a day for less than a quarter of a penny

The projects are backed by UK Export Finance – a government agency in the Department for International Trade – that provides loans and financial guarantees to UK companies involved in major projects around the world

The subsidy-free plants will together generate enough electricity to power more than a quarter of a million homes every year