The UK’s export credit agency has issued a loan guarantee allowing Seaway7 to secure a £370m loan coordinated by HSBC and scale up its UK operations
In a move which supports the growth of the North Sea offshore wind industry, UK Export Finance (UKEF) has issued a loan guarantee so that Seaway7 can access a £370m funding package. The export credit agency has issued the guarantee under its Export Development Guarantee (EDG) so that the offshore wind specialist can invest in…
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