British firms win green energy contracts on UK export credit agency-supported project as UK prioritises renewable energy exports and jobs.
- 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.
To help the UK build back greener from the pandemic, the UK government has outlined a Ten Point Plan for a Green Industrial Revolution and supporting the UK’s offshore wind sector is a key part of its strategy.
UKEF has now provided £500 million of
