Megger secures £138m investment to expand manufacturing and increase exports, creating green jobs

Posted on 18 May 2022 by The Manufacturer

Electrical testing equipment manufacturer Megger has secured a government backed loan of £138m, which it will use to expand its operations and increase exports, creating jobs in the process.

Secretary of State for International Trade, Anne-Marie Trevelyan, today announced that electrical testing solutions company Megger Group has received a £138m loan facility to help the company grow and invest in green technologies at its manufacturing headquarters in Dover. UK Export Finance (UKEF) guaranteed 80% of the new loan provided by HSBC and Commerzbank, under…

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