We have expanded our support with new and upgraded products that will benefit British exporters seeking new business in the renewables and clean growth sectors.
We have a £2 billion Direct Lending Facility dedicated to financing clean growth projects overseas, which creates opportunities for UK suppliers and provides favourable financing terms for overseas buyers. We can give overseas renewable projects repayment periods of up to 18 years, nearly double the usual 10-year outlook.
In addition, our General Export Facility and Export Development Guarantee (EDG) can help UK businesses invest in the transition to cleaner technologies without the need of a specific export contract.
Potentially eligible green projects include: