UK Infrastructure Bank to support AESC’s gigafactory with £200 million loan

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Corporate developments

The UK Infrastructure Bank’s loan will support the construction of the 15.8-GWh gigafactory in Sunderland, which was first announced by AESC in 2022

The UK Infrastructure Bank (UKIB) announced on Jan. 29 that it has provided a £200 million loan to support the development of AESC’s gigafactory in the North East of England.

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