UK launches Future Nuclear Enabling Fund (FNEF)
The Government of the United Kingdom (UK) has launched a Future Nuclear Enabling Fund (FNEF) with a target to raise GBP120 million (US$149.47 million). The fund will help to develop 8 new reactors by 2030, located in Hinkley, Sizewell, Heysham, Hartlepool, Bradwell, Wylfa, Oldbury and Moorside.
The FNEF will provide targeted government grants and attract private investment which will help nuclear construction projects, including small modular reactors. The fund is expected to support industry investment in nuclear and offer opportunities for projects in every region of the UK.
The Government has launched an RFEOI inviting interested parties to register their interest in bidding for funding and seeking further information on potential future projects.
Country updates
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May 11, 2022
Funds received for Hammersmith Bridge restoration PPP project
The Government of UK has announced that almost GBP3 million (US$3.69 million) will be injected into the Hammersmith Bridge restoration project. This comes ahead of further strengthening works to...
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May 09, 2022
Shortlist announced for USD3.33 billion road network PFI project in UK
Birmingham Highways Limited (BHL) has announced a shortlist of 2 prequalified firms for the operation and maintenance of road network PFI project in Birmingham.
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May 05, 2022
Final close achieved for Tiger Infrastructure Partners Fund III
Tiger Infrastructure Partners has announced the final close for its third flagship fund, Tiger Infrastructure Partners Fund III. The fund reached its hard cap with US$1.25 billion in equity capital co...
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April 28, 2022
Final close announced for 17Capital Credit Fund
17Capital has announced the final close of its inaugural 17Capital Credit Fund. The fund raised EUR2.6 billion (US$2.82 billion), hitting its hard cap and exceeding its initial EUR1.5 billion target (...
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April 28, 2022
Tender issued for USD182.24 million Mixed-use PPP project in UK
Royal Borough of Kensington & Chelsea in London, UK has launched a tender notice for a mixed-use development to include residential and employment floorspace at Lots Road south site.
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