Announcement
29 Jan 2024
In January 2024, the UK Infrastructure Bank announced funding to support the development of a gigafactory in the North East of England.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
29 Jan 2024
Revocation date:
No revocation date
Updated: 29 Jan 2024
State loan
In force
On 29 January 2024, the UK Infrastructure Bank announced a GBP 200 million (USD 254 million) loan to AESC Ltd to support its development of a gigafactory in the North East of England.
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