Global Trade Alert
Global Trade Alert

United Kingdom: Introduction of funding for a Battery Energy Storage System (BESS) project

Announcement

23 May 2023

In May 2023, the UK Infrastructure Bank announced funding to support the Battery Energy Storage System (BESS) project of Pulse Clean Energy Ltd.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

23 May 2023

Revocation date:

No revocation date

Updated: 23 May 2023
State loan In force

On 23 May 2023, the UK Infrastructure Bank announced a debt financing of GBP 62.5 million (USD 57.8 million) to Pulse Clean Energy Ltd (PCE) to support its deployment of battery energy storage syst...

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