Wind Power: Seas and Oceans

(asked on 6th January 2015) - View Source

Question

To ask the Secretary of State for Business, Innovation and Skills, if he will make it his policy that there should be a widening of eligiblity for UK Export Finance support to include companies in the offshore wind supply chain.


Answered by
Matt Hancock Portrait
Matt Hancock
This question was answered on 12th January 2015

UK Export Finance (UKEF) can support exports by UK companies in the offshore wind sector.

In addition, to allow as many exporters and potential exporters as possible to be able to benefit directly from UKEF support, the Government is taking forward proposals in the Small Business, Enterprise and Employment Bill to widen UKEF’s powers so it is able to provide support to companies in the supply chains of UK exporters, as well as UK exporters themselves.

Reticulating Splines