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Infrastructure

HM Treasury written question – answered on 28th November 2014.

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Photo of Ann McKechin Ann McKechin Labour, Glasgow North

To ask Mr Chancellor of the Exchequer, how many of the infrastructure projects prequalified under the UK Guarantees scheme have received financing since the inception of that scheme.

Photo of Danny Alexander Danny Alexander The Chief Secretary to the Treasury

Six guarantees and one stand-by facility, with a capital value of over £3 billion, have been issued to projects through the legislation underpinning the UK Guarantees Scheme.

Twelve additional projects that were previously prequalified reached financial close without using the scheme.

A list of prequalified projects and those issued guarantees can be found at the following link:

https://www.gov.uk/government/publications/uk-guarantees-scheme-prequalified-projects/uk-guarantees-scheme-table-of-prequalified-projects

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  • (Citation: HC Deb, 28 November 2014, cW)