Jonathan Edwards – 2014 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Jonathan Edwards on 2014-06-11.

To ask Mr Chancellor of the Exchequer, which infrastructure projects have accessed the UK Guarantees scheme; and how much funding was issued in each such case.

Danny Alexander

Three guarantees and one Stand-by Facility have been signed under the UK Guarantees Scheme with a total value of £1,090,800,000. This includes Drax Power (£75m), Sustainable Development Capital – UK Energy Efficiency Investment Funds (£8.8m), Northern Line Extension (£750m) and Mersey Gateway Bridge (£257m).

Any guarantees signed are reported to Parliament as required by the legislation, Infrastructure (Financial Assistance) Act 2012, underpinning the Scheme and can also be found on the gov.uk website.