The UK Infrastructure Bank will prioritise investment in clean energy schemes.
Launching its first Strategic Plan today, the bank’s chief executive John Flint said that improving energy security and supply is a “top priority” which will help deliver the UK’s Net Zero commitments and tackle regional economic inequality.
This includes investing in nuclear projects, renewable energy innovations and power storage schemes.
The strategy also pledges to support the roll out of electric vehicle charging infrastructure, as well as investing in hydrogen technology, nature-based solutions for the water sector and financing new energy from waste plants.
Flint said: “We want our investments to shape the future and, for the first time, we’re highlighting where we expect the biggest investment…
UK Infrastructure Bank to prioritise clean energy schemes
