Tag: SSEN Transmission

National Wealth Fund backs major grid upgrade in the north of Scotland with £800m guarantee for SSEN Transmission

Stuart Mitchell

The National Wealth Fund has announces an £800m financial guarantee to support SSEN Transmission’s delivery of four major grid upgrade projects underway in the north of Scotland – home to enormous renewable energy generation resources to help achieve clean power targets, improve energy security and reduce constraints across the country. The guarantee is being provided against a £1bn facility with participation from a syndicate of banks, led by Bank of America, as the National Wealth Fund Coordinator and Sole Bookrunner, and including BBVA, HSBC UK, JP Morgan, Lloyds, MUFG, NatWest…

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Eastern Green Link 2 moves up a gear using low carbon fuel for material handling trucks

Stuart Mitchell

Eastern Green Link 2 (EGL2) is the UK’s single largest electricity transmission project, providing enough electricity to power two million homes. The project is accelerating its sustainability efforts by adopting Hydrogenated Vegetable Oil (HVO) fuel for material handling trucks in Yorkshire.  HVO, a low-carbon biofuel made from waste vegetable oils, will be used at the Wren Hall converter station site in North Yorkshire, where 20-tonne construction trucks will transport approximately 370,000 tonnes of quarry stone from a quarry 27 miles away. This switch from conventional diesel to HVO is expected…

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