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National Wealth Fund and UK Export Finance secure investment for Sunderland gigafactory

Summary by UK Investor Magazine
Financial guarantees from the National Wealth Fund and UK Export Finance have facilitated over £1 billion in financing from a consortium of international banks, including HSBC, Standard Chartered, BBVA, SMBC and Societe Generale. The investment will fund construction and operations of AESC’s cutting-edge gigafactory, creating more than 1,000 direct jobs. This significant transaction will strengthen […] The post National Wealth Fund and UK Export…
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UK Investor Magazine broke the news in on Friday, May 16, 2025.
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