Plans to establish what was billed as the UK’s largest infrastructure investment company have been abandoned, according to Utility Week.
The proposed vehicle was intended to consolidate and channel large-scale capital into major national infrastructure schemes. It was seen as a potential cornerstone for funding long-term projects across energy, transport and utilities.
The decision to scrap the initiative leaves a question mark over how some of the UK’s most capital-intensive programmes will be financed in the coming years. It also removes a potential new source of balance-sheet support for contractors and supply-chain partners seeking visibility on multi-year pipelines.
While alternative models for attracting private and institutional investment into infrastructure remain on the table, the shelving of this flagship plan will likely prompt renewed debate between government, investors and the construction sector over how best to structure future funding platforms at scale.