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Global Trade Alert

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United Kingdom: Government supports AESC's GBP 1 billion gigafactory in Sunderland through financial guarantees and grants

Description

On 9 May 2025, the UK government announced that the National Wealth Fund and UK Export Finance will provide financial guarantees to support GBP 680 million (USD 903.7 million) in financing for the con...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

09 May 2025

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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