National Wealth Fund: Grangemouth

(asked on 4th March 2025) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to the Chief Secretary to the Treasury's oral contribution of 4 March 2025, Official Report, if she will publish the National Wealth Fund's business case to fund the £200 million investment in Grangemouth.


Answered by
Darren Jones Portrait
Darren Jones
Chief Secretary to the Treasury
This question was answered on 7th March 2025

The National Wealth Fund has made financing available for new investment projects in Grangemouth, subject to viable proposals coming forward. This financing will help unlock Grangemouth’s full potential and secure our clean energy future. Any investment made into Grangemouth by the National Wealth Fund would be subject to the investment satisfying the National Wealth Fund’s normal requirements for investable proposals.

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