UK launches $6.4B energy investment projects

The UK government has launched energy investment projects which are worth an estimated £5 billion ($6.4 billion), in its latest offer for international investors.

The new energy investment portfolio will be promoted by the Department for International Trade (DIT) to investors in 108 countries and it will include construction of new waste to energy power plants across the country, among other projects, reports Compelo.

UK Minister for Investment, Graham Stuart  said: “With £5 billion of new projects, the Energy Investment Portfolio is great news for communities up and down the country – as well as creating jobs and prosperity, these projects will reduce bills and deliver huge benefits for the environment.”

Source: Compelo