Global InterConnection Group welcomes the positive developments in the UK trading environment following His Majesty’s speech on the opening of the UK Parliament on Wednesday. We are pleased to see that the UK Government has announced it will establish a publicly owned clean power company, Great British Energy, capitalized with £8.3 billion ($10.8 billion) of public money and empowered to co-invest in key projects alongside industry. This will be set up in law as quickly as possible, in order to do deals with the private sector.’
With these positive headwinds, we continue to advance discussions with significant strategic partners in the energy market to build our integrated platform to support Net Zero and energy security initiatives.