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Three guarantees and one Stand-by Facility have been signed under the UK Guarantees Scheme with a total value of £1,090,800,000. This includes Drax Power (£75m), Sustainable Development Capital \u2013 UK Energy Efficiency Investment Funds (£8.8m), Northern Line Extension (£750m) and Mersey Gateway Bridge (£257m).<\/p>
<\/p>
Any guarantees signed are reported to Parliament as required by the legislation, Infrastructure (Financial Assistance) Act 2012, underpinning the Scheme and can also be found on the gov.uk website.<\/p>
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