OneWeb

(asked on 30th November 2020) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask Her Majesty's Government how much they have spent on the acquisition of OneWeb, including transaction costs; and what costs they have incurred since becoming a shareholder of OneWeb.


Answered by
Lord Callanan Portrait
Lord Callanan
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 14th December 2020

The Government has committed to invest $500m in OneWeb, and will continue to work with OneWeb and consortium partners to ensure this is being used to best support the UK investment.

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