National Wealth Fund is the United Kingdom’s government-backed investment vehicle that deploys long‑term capital into strategic parts of the economy, with a focus on clean energy, infrastructure, and advanced industry. It invests through equity and other financing tools, typically alongside private-sector partners, to help bring commercially viable projects to scale within the UK.
For the chemicals and materials value chain, the fund prioritizes enablers of industrial decarbonization, including carbon capture, utilization and storage (CCUS), hydrogen, low‑carbon power, and related infrastructure. Its role is to de‑risk deployment, crowd in private capital, and support projects that cut emissions from energy‑intensive operations while strengthening domestic supply chains for the energy transition.
2GW, 530 km HVDC subsea link will transmit Scottish low-cost power to England (1.5M homes), cut constraint costs, boost energy security, and support UK clean-power grid upgrades
A £59.6M investment will develop a CO2 transport pipeline for the Peak Cluster project, aiding UK cement and lime decarbonization and supporting 13,000 jobs. Completion expected by 2028.
