Build it in Britain: Invitation to clean energy developers and investors
Posted: Friday, April 25th, 2025
The Energy Secretary Ed Miliband, Business Secretary Jonathan Reynolds, the Minister for Investment Baroness Poppy Gustafsson, National Wealth Fund CEO John Flint and Great British Energy Chair Juergen Maier have written to clean energy developers and investors inviting them to invest in Britain. This follows the government announcing an initial £300 million of funding through Great British Energy to invest in domestic offshore wind supply chains, as well as a series of pro-growth measures including major reforms to speed up grid connections and overhaul planning rules. As part of Britain’s Industrial Strategy, the UK government is taking a series of steps to break down the barriers to growth and investment. The fund will form a key part of GBE’s strategic activities, and it will work closely with other government finance bodies, including the National Wealth Fund, to maximise its impact. The UK government is looking at ways to further support this, such as through our work on the Clean Industry Bonus, which rewards investments into cleaner supply chains and in the UK’s industrial heartlands The clarity, consistency and urgency of the UK’s Clean Energy Superpower Mission provides certainty and stability for global investors to ensure the UK takes advantage of the enormous opportunities created by the clean energy transition.
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