UK Government to invest £9 billion in energy and utilities

The UK government is set to invest heavily in energy and utilities over the next couple of years, a news report reveals.

Apparently, a contract finder published by the Cabinet Office suggests that the government has set aside founds amounting to an impressive £9 billion for power purchase agreements, energy performance contracts, carbon offsetting and automated meter reading services as well as electricity, gas and transport fuel.

In fact, the respective reports indicates that energy will be the third largest area of government investment, after construction (£19 billion) and financial services (£12 billion).

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