Joe Penford

UK Infrastructure Bank

The UKIB is the new, government-owned policy bank, focused on increasing infrastructure investment across the United Kingdom. We will partner with the private sector and local government to finance a green industrial revolution and drive growth across the country. We are providing £22bn of infrastructure finance to tackle climate change and support regional and local economic growth across the United Kingdom. We will lend to local and mayoral authorities for strategic and high value projects and invest in infrastructure projects alongside the private sector, crowding-in private sector capital.