RE: Invest NI5 Jan 2023 12:46
Thanks LSE.
I wonder if Invest NI is similar to what was once the "Northern Ireland Investment Fund".
I was looking back through some notes the other day after reading in the update that, "the Company and Astra are also formally engaged with UK Export Finance", as it reminded me of something from a few years ago.
"The £100 million Northern Ireland Investment Fund was launched in November 2017 to provide debt or equity finance for commercial property, regeneration and low carbon projects in Northern Ireland. The Fund is managed by the CBRE Investment Advisory Team."
As per RNS 15 June 2018, Infa(Harl) went on the engage CBRE to advise on the potential raising of third-party capital to invest in the Islandmagee gas storage project. Obviously that is still "ongoing", so not sure if they ever did as I don't recall if it was mentioned again.
But, it seems like there will never be a shortage of new facilities or funds to try and tap up. :)