Just2 Nov 2018 22:54
going to leave this here off the infa website:
The Islandmagee facility is unique in being the only gas storage project in North West Europe to be awarded ‘Project of Common Interest’ (PCI) status by the European Union (EU), confirming its strategic importance to the entire continent. PCI status unlocks EU grant funding, accelerated permitting procedures and incentivised regulatory conditions, further enhancing the long-term viability of the project.
Additionally, the company has obtained support from the governments of the UK (including Northern Ireland) and the Republic of Ireland; and the UK government has awarded it ‘UK Guarantee Scheme’ status, which facilitates access to government guarantees on debt finance for 65% of the project cost.