UKEF supports offshore wind deal in Taiwan and UK green jobs with £200 million
British firms win green energy contracts on UK export credit agency-supported project as UK prioritises renewable energy exports and jobs.
From:
Two UK firms in the North West and East Anglia win contracts in Taiwan
UKEF has now provided credit guarantees of £500 million to finance several offshore wind projects in Taiwan
Government backing part of plan for cleaner, greener trade focus for UK firms
UK Export Finance (
UKEF), the UK’s export credit agency, is providing a £200 million buyer credit guarantee to help finance the Greater Changhua 1 Offshore Wind Farm in Taiwan, unlocking the export potential of the UK’s offshore wind sector.
UK Export Finance (UKEF) is providing a £200m buyer credit guarantee to help finance the 605MW Greater Changhua 1 offshore wind farm off Taiwan to unlock the export potential of the UK’s offshore wind sector.
UKEF has now provided £500m of financing for three offshore wind projects in Taiwan alone since late 2019, creating trading opportunities for UK renewable energy companies and supporting green jobs.
Two UK renewable energy companies, Seajacks and Trelleborg’s applied technologies operation in the UK, have already capitalised on UKEF’s support by winning export contracts with Orsted, the company leading the development of the wind farm.
Suffolk and north Essex could see another 5cm of snow fall today as "bitterly cold" Storm Darcy winds from the North Sea continue to hit the region.
Parts of the two.