Megger Group receives £138M loan for expansion and green tech
Megger Group, a Dover-based electrical equipment manufacturer, received a £138 million loan backed by UK Export Finance. The investment includes £15 million to enhance its factory and create green jobs.
Value
$170.0M (138.0M GBP)
Productselectrical testing equipmentsmart grid technologysensorscable analytics
“The UK is leading the world backing firms like Megger that protect the planet and power home-grown energy.”kentonline.co.uk
- 3 sources
- kentonline.co.ukMegger receives £138m investmentSam WilliamsMay 18, 2022
- theengineer.co.ukThe Engineer - Government backs Megger Group loan - The EngineerMay 19, 2022
- manufacturingmanagement.co.ukManufacturing Management - Dover manufacturer Megger secures £138m government investment deal - Manufacturing ManagementNewsMay 19, 2022
Summarized from public sources; check the original articles before acting on it.