The UK Infrastructure Bank XLCC funding package will provide approximately $22.3 million to XLCC, a specialist in HVDC subsea cable manufacturing. The investment will fund a new production facility in Hunterston, Scotland, and strengthen the UK’s clean energy supply chain.
Funding Supports Scalable HVDC Cable Production
The agreement includes an option to increase funding to up to three times the initial amount. This flexible structure allows XLCC to scale the project based on demand.
As a result, the Hunterston facility will produce thousands of kilometers of HVDC subsea cable annually, supporting future interconnector projects and grid expansion.
Creating Jobs and Supporting Local Growth
The new facility is expected to create around 900 permanent jobs. In addition, the project will offer apprenticeships to develop local skills in advanced manufacturing and project management.
XLCC has already secured approximately $45 million in funding toward the development. Therefore, the project represents a major step in building long-term industrial capacity in the UK.
Strengthening the Clean Energy Supply Chain
The UK Infrastructure Bank XLCC funding highlights growing investment in energy infrastructure and renewable connectivity. By expanding domestic manufacturing, the UK can reduce reliance on imports and support large-scale energy projects.
Overall, the Hunterston facility will play a key role in advancing HVDC subsea cable production and enabling the transition to cleaner energy systems.
