Announcement
27 Feb 2025
In February 2025, UK Export Finance renewed a GBP 12 million support package for First Subsea to expand its exports of offshore wind components and strengthen the UK’s position in the global energy transition.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
27 Feb 2025
Revocation date:
No revocation date
Updated: 20 Jun 2025
Trade finance
In force
On 27 February 2025, UK Export Finance (UKEF) approved GBP 12 million (USD 16.1 million) financial support for the UK-based First Tech subsidiary First Subsea to support the continuation of its growth...
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Updated: 20 Jun 2025
Local value added incentive
In force
On 27 February 2025, UK Export Finance (UKEF) announced that it had approved financial support for the continued growth of the UK-based offshore company First Subsea, a subsidiary of First Tech Ltd. T...
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