UK Infrastructure Bank Invests in Subsea HVDC Cable Maker XLCC
The UK Infrastructure Bank (UKIB) has announced a GBP 20 million initial investment in subsea HVDC cable manufacturer XLCC to develop a new factory in Hunterston, Scotland. The funding package includes an option for an additional GBP 67 million, contingent upon the company meeting specific development milestones. The UKIB commitment is complemented by further investment from both existing and new investors. Also Read: OMS Group Allocates USD 300 Million for... Read More