National Wealth Fund: Grangemouth
(asked on 30th April 2025) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether the funding provided to Grangemouth through the National Wealth Fund must be spent on recommendations made through Project Willow.
This question was answered on 12th May 2025
The National Wealth Fund has made financing available for new investment projects in Grangemouth, subject to viable proposals that satisfy its investment principles coming forward. Project Willow identified numerous credible long-term industrial options for the Grangemouth site. The National Wealth Fund will consider providing financing to any projects being developed in the Grangemouth area that align with their strategic priorities. This includes but is not limited to those identified by Project Willow.
The National Wealth Fund has made financing available for new investment projects in Grangemouth, subject to viable proposals that satisfy its investment principles coming forward. Project Willow identified numerous credible long-term industrial options for the Grangemouth site. The National Wealth Fund will consider providing financing to any projects being developed in the Grangemouth area that align with their strategic priorities. This includes but is not limited to those identified by Project Willow.