UKEF backs JDR for new subsea cable manufacturing facility

In:

Manufacturing & equipment, Oil & gas, Renewables

Region:

Europe

JDR Cable Systems has received a UKEF-backed £100 million (about $120.8 million) working capital loan from Societe Generale, HSBC, and Bank Gospodarstwa Krajowego.The UK-based company will use the financing to start building its new subsea cable manufacturing facility in Cambois, near Blyth,...

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