UK reveals US$13.3b of inward investment in green push


Prime Minister Boris Johnson seeks to cut carbon emissions.

LONDON: The U.K. announced 9.7 billion pounds ($13.3 billion) of inward investment deals focused on green growth, a boost for Prime Minister Boris Johnson as he seeks to cut carbon emissions.

The projects will create an estimated 30,000 new jobs in Britain and the investors include Spanish utility Iberdrola SA and U.S. real estate firm Prologis Inc., 10 Downing Street said in a statement. Johnson is hosting an investment summit in London Tuesday, where as many as 200 CEOs and investors are expected to gather.

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