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Loans: Energy

Volume 487: debated on Wednesday 11 February 2009

To ask the Chancellor of the Exchequer what assessment the Government has made of the merits of provision of loan guarantees by nationalised and part-nationalised banks for energy infrastructure projects. (255083)

Government have taken measures to recapitalise the financial sector and recently announced a package of support to address the cash flow, credit and capital needs. Taken together, these measures will provide a significant boost to companies seeking finance.

The Government are monitoring the effect of the current difficult economic circumstances on investment in large infrastructure projects.