RE: Green Gilts being issued in UK for first time10 Nov 2020 19:24
If anyone is listening to broken records, it’s those featuring that well known VLS rapper ramper Sensetalker.
The Gov will continue to support VlS, but not using Pension Fund money. It’ll be token gestures here and there, but at some point it’ll cease. The completion of FEED, whilst being a significant milestone in any project, has little impact on the ability to finance other than narrow down actual costs. The elephant in the room will still be a company with no track record in developing projects and a somewhat lackluster history in raising strategic project finance - don’t forget the US project has been around longer than the UK and that still hasn’t succeeded in finding decent money to advance.