Renewable Energy: Export Credit Guarantees

Department for Business, Innovation and Skills written question – answered on 3rd November 2015.

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Photo of Patrick Grady Patrick Grady Shadow SNP Spokesperson (International Development)

To ask the Secretary of State for Business, Innovation and Skills, if the Government will take steps to increase support for UK-based renewable energy companies to invest in developing country markets through export credit guarantees.

Photo of Anna Soubry Anna Soubry The Minister of State, Department for Business, Innovation and Skills

UK Export Finance (UKEF) has risk capacity available to support UK based businesses in the renewable energy industry looking to export to, and invest in, developing countries, through the provision of export credit guarantees, financing and insurance.

UKEF continues to promote its products and services to companies in the renewable sector so they are aware of the support that is available if it is required.

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