National Wealth Fund: Grangemouth
(asked on 17th June 2025) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether the £200m allocation to Grangemouth from the National Wealth Fund is restricted for investment proposals contained fully or partially within the boundaries of the Grangemouth oil refinery.
This question was answered on 25th June 2025
The National Wealth Fund stands ready to provide £200 million of investment to finance projects in the Grangemouth area, subject to investible propositions meeting the National Wealth Fund’s criteria. Beyond Grangemouth, the National Wealth Fund is capitalised with £27.8 billion to invest in projects across the whole of the UK.
The National Wealth Fund stands ready to provide £200 million of investment to finance projects in the Grangemouth area, subject to investible propositions meeting the National Wealth Fund’s criteria. Beyond Grangemouth, the National Wealth Fund is capitalised with £27.8 billion to invest in projects across the whole of the UK.