The National Wealth Fund (NWF), the UK’s sovereign wealth fund, intends to make a multi-million equity investment in the development that will store CO2 emissions in the East Irish Sea.

East Irish Sea Spirit Energy Peak Cluster North Morecambe South Morecambe Summit Energy Evolution Sumitomo Corporation Progressive Energy Peak Morecambe Net Zero Energy Secretary Ed Miliband North Sea Chancellor Rachel Reeves Chair of Spirit Energy National Wealth Fund