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National Wealth Fund to give ABP £200 million boost

[ June 4, 2026   //   ]

The National Wealth Fund is to invest £200 million to help Associated British Ports (ABP) deliver an infrastructure programme across its network.

Projects in include a new freight ferry terminal project at Immingham; a further upgrade to the Port of Lowestoft to support more offshore wind operations; infrastructure enhancement works in Ipswich to develop the local Sizewell C supply chain; and development of Solent Gateway.

The Fund’s commitment sits alongside a commercial tranche from a group of private sector banks, led by Bank of America, as Sole Arranger and Bookrunner, together with Lloyds and NatWest, forming a £300 million total financing package. By providing a longer term facility, the National Wealth Fund’s financing willl allow ABP to better align the debt profile with the life of the projects being financed.

The commitment will help accelerate capital deployment across a number of nationally significant ABP projects, while enabling the National Wealth Fund to aggregate a range of smaller but strategically important investments.

More than 700 jobs will be supported and created through the programme of works.

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