UK Attracts $1.7 Billion in Clean Energy Investments at G7 Summit
Major Clean Energy Investments Announced at G7
June 16 (Reuters) - The British government said on Tuesday it has secured £1.3 billion ($1.74 billion) in investments from French and Indian companies at the G7 summit, focused mainly on battery storage and clean power projects.
Investment Details
Here are some details on the investments:
French Investment in Battery Storage
• A French private equity firm will invest £1 billion in the UK for battery storage and flexible energy projects.
Indian Investments in Clean Energy and Technology
Atri Energy Transition
• India-based clean energy investor Atri Energy Transition will invest more than £300 million to develop large-scale battery storage and advanced manufacturing.
Hexaware Technologies
• Indian technology firm Hexaware Technologies will invest £25 million to expand its UK operations.
Impact on UK Economy
• The investments are expected to create over 1,400 jobs across the UK.
($1 = 0.7451 pounds)
(Reporting by Carlos Méndez in Mexico City; Editing by Nia Williams)

