
Work Here?
Work Here?
Work Here?
National Wealth Fund is a UK government-owned investment institution that finances infrastructure projects supporting economic growth and the transition to clean energy. It provides loans, guarantees, and equity investments to private companies in sectors such as clean technology, ports, and critical supply chains, while also offering local governments project development, commercial, and financial expertise for regionally significant schemes like heat networks and solar installations. What sets National Wealth Fund apart is its dual mandate to serve both private investors and local authorities, mobilizing additional private finance alongside its own capital. The goal is to accelerate investment in projects that create jobs and support the UK's shift to a low-carbon economy.
Industries
Industrial & Manufacturing
Energy
Financial Services
Company Size
51-200
Company Stage
N/A
Total Funding
$1.4B
Headquarters
Wilmslow, United Kingdom
Founded
2021
See people who can refer or advise you
Help us improve and share your feedback! Did you find this helpful?
Total Funding
$1.4B
Above
Industry Average
Funded Over
0 Rounds
Hybrid Work Options
DataVita has secured a £300 million debt facility to expand and build two data centres in Scotland's North Lanarkshire AI Growth Zone. The financing, backed by a £202 million guarantee from the National Wealth Fund, comes from a syndicate including ING, ABN AMRO, Santander, the Scottish National Investment Bank and Siemens Financial Services. The investment will expand DataVita's existing DV1 data centre and fund construction of a new facility, DV3. Both are contracted to AI cloud firm CoreWeave under a 15-year lease. The developments will create around 600 construction jobs and approximately 100 permanent high-skilled positions. DataVita, Scotland's largest independent data centre operator, has served the country's digital infrastructure for over ten years. The project marks the National Wealth Fund's first support for domestic compute capacity, aligning with the government's Compute Roadmap and Scotland's AI strategy.
Wessex Internet recognised for rural broadband work in national business awards. 7 August, 2026 Dorset-based Wessex Internet has been named a 2026 Best of British Business, recognising its work bringing full fibre broadband to some of the South West's hardest-to-reach rural communities. The recognition from The Independent and Business Reporter comes as the independent broadband provider marks 16 years since it was founded by the late James Gibson Fleming MBE, a Dorset farmer whose own difficulties obtaining an affordable broadband connection led him to establish the company in 2010. Wessex Internet has since connected more than 60,000 properties and laid over 7,700km of full fibre cable across Dorset, Somerset, Wiltshire and Hampshire. It now employs around 350 people. Much of the network is built across farmland rather than along roads, with routes planned in consultation with landowners to accommodate crop cycles, livestock, waterways and other geographical constraints. Projects have included taking fibre beneath a river and connecting the historic Old Wardour Castle in Wiltshire, where the company worked alongside an archaeologist during installation. Wessex Internet has recently secured £50 million in funding from the National Wealth Fund, alongside £72 million across four government Project Gigabit contracts, to support further expansion of its rural network. Its Community Hub initiative also provides selected local organisations within its build areas with broadband for £1 a month. The company says it has invested more than £350,000 in rural charities and community projects to date. Among those benefiting is the Big Yellow Bus Garden Project, a volunteer-run community garden in Shillingstone which previously had no affordable broadband connection. Spokesperson Paul Williams said: 'The whole process was completed within a day and when they left it was like they'd never been there before. The Dorset Magazine Limited were left with a game changing, reliable and fast internet connection that also gave The Dorset Magazine Limited an essential phone line. The Dorset Magazine Limited host many schools and the internet access allows The Dorset Magazine Limited to instantly research topics that spring up during their visits.' The latest recognition follows 15 industry awards received by Wessex Internet over the past 16 years, including Best Customer Loyalty at the 2025 ISPA Awards, Best UK Rural Enterprise at the 2024 Countryside Alliance Awards and UK Fibre Provider of the Year in 2023. The company says it will continue expanding its network across the South West, focusing on rural communities where reliable high-speed broadband remains difficult to access.
Council to save interest after securing loan. By dan peters | 30 july 2026. The National Wealth Fund has granted West Suffolk Council a £9m loan to help deliver a state-of-the-art advanced manufacturing and engineering centre for start-ups. Cabinet member for resource at West Suffolk Council, Cllr Diane Hind, said borrowing through the fund would save the council £350,000 in interest compared to Public Works Loan Board rates.
Associated British Ports (ABP), the UK's largest ports operator, has secured a £300 million financing package to upgrade port infrastructure. The National Wealth Fund committed £200 million, with the remainder from private lenders including Bank of America, Lloyds and NatWest. The funding will support projects including a freight ferry terminal at Immingham, offshore wind facilities at Lowestoft, supply chain infrastructure at Ipswich for the Sizewell C nuclear project, and improvements at Solent Gateway. The programme is expected to create or support over 700 jobs across coastal and industrial communities. ABP has raised £295 million in total through the financing package, which aims to modernise strategically important port infrastructure whilst supporting trade capacity and the clean energy transition.
Associated British Ports pens £300m infrastructure funding. Social infrastructure, Transport The National Wealth Fund has committed £200 million ($270 million) to Associated British Ports.The commitment, alongside a commercial tranche from private sector banks, will support a major infrastructure programme across ABP's network. Bank of America acted as sole arranger and... Exclusive subscriber content... Not yet a subscriber? Join us today to continue accessing content without any restrictions Or to request access to Proximo Intelligence contact us
Find jobs on Simplify and start your career today
Industries
Industrial & Manufacturing
Energy
Financial Services
Company Size
51-200
Company Stage
N/A
Total Funding
$1.4B
Headquarters
Wilmslow, United Kingdom
Founded
2021
Find jobs on Simplify and start your career today