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UK Infrastructure Bank announces GBP 200 million loan for AESC second gigafactory in the UK
On January 29, The UK Infrastructure Bank announced a GBP 200 million loan to support the establishment of AESC's 15.8GWh gigafactory, in Sunderland in Northeast England, which will produce lithium-ion batteries for next-generation EVs manufactured in the UK. The project will create over 1,000 jobs once operational.
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