top of page

National Wealth Fund leads £1.35bn deal for County Durham renewable energy project


A project that puts County Durham at the heart of the UK’s renewable energy infrastructure has been backed by £1.35m from the Government and major banks.
A project that puts County Durham at the heart of the UK’s renewable energy infrastructure has been backed by £1.35m from the Government and major banks.

A project that puts County Durham at the heart of the UK’s renewable energy infrastructure has been backed by £1.35m from the Government and major banks.


The UK’s National Wealth Fund has joined Bank of America, BNP Paribas, Lloyds and NatWest in lending energy firm ScottishPower the loan to upgrade the power grid between Scotland and the Hawthorn Pit substation in County Durham.



Other Business News

Business Durham

Catch up with the latest regional business news

Property (1).png

Add Your News

At Business Durham, we believe that sharing positive news stories about successful businesses in County Durham is important for fostering a supportive and thriving business community. We want to encourage business owners to send us their success stories so that we can share them on our website and celebrate their achievements. We are committed to promoting the county as a great place to do business and providing a platform for businesses to showcase their successes.

Contact us today to share your story!

bottom of page