- Invest in projects
- Avondale
- Clyde Gateway
- Dundee Waterfront
- Edinburgh BioQuarter
- Hunterston Marine Yard
- ILI Energy Storage
- HyLion
- Jackson Distillers
- Michelin Scotland Innovation Parc
- Mossend International Railfreight Park
- Orbital Marine Power
- Storegga
- Thainstone Energy Park
- Project Willow, Grangemouth
- XLCC
XLCC
- Invest in projects
- Avondale
- Clyde Gateway
- Dundee Waterfront
- Edinburgh BioQuarter
- Hunterston Marine Yard
- ILI Energy Storage
- HyLion
- Jackson Distillers
- Michelin Scotland Innovation Parc
- Mossend International Railfreight Park
- Orbital Marine Power
- Storegga
- Thainstone Energy Park
- Project Willow, Grangemouth
- XLCC
XLCC is an independent British company founded in 2020 to address the critical infrastructure needs of global energy transition. As the world moves toward net zero, electrification from renewable energy is essential.
To meet this critical need, XLCC will engineer, manufacture, install and maintain HVDC cables. The company is building a world-class HVDC subsea cable manufacturing facility in Hunterston, Scotland, along with marine and project management capabilities.
The site will create 1,200 high-skilled full-time manufacturing and project management jobs, encompassing 200 apprenticeships, and will bring £2 billion of private capital into the UK, including Scotland's economy.

XLCC Hunterston factory site
About XLCC
XLCC has been building a world-class team of experts, who bring decades of industry experience, ensuring the highest standards in cable production, handling, and installation.
The company is also offering a pathway into a high-tech, green industry through its apprenticeship programme. This will equip the next generation with the skills to support the future of HVDC subsea cable manufacturing in the UK.
The skillset of an HVDC Cable Jointer is scarce in the UK at the scale required for the Hunterston site. To address this shortage, XLCC is working with Ayrshire College. This will develop world class cable jointers through internal training with the added opportunity for trainees to gain a Modern Apprenticeship (MA) in Engineering.
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The UK needs 28,000km of HVDC cable
In order to meet its goals for expanding offshore wind and interconnector capacity, the UK will need 28,000km of HVDC cable between 2030-2040.
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Hunterston will add £5.8 billion to UK GDP
The factory will help contribute billions to the UK's Gross Domestic Product (GDP) by 2040, with much of this in Scotland.
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9,000 Full Time Equivalent (FTE) jobs
This 9000 will be over the entire period. There will be 4,300 FTE jobs (average) a year during construction and 11,700 FTE jobs (annual average) during the operations period. 1,200 FTE jobs (average) a year from 2030 will be linked to the Hunterston facility.
*Source: Flint Economic Impact Assessment, February 2025
Investment opportunity
XLCC represents a unique opportunity to develop a UK based supply chain that will support the energy transition industry.
From Hunterston in Scotland, the site will play a significant role in helping the UK, and other nations connect much needed renewable energy to their power grids and improve grid efficiency.
XLCC has completed its development round, securing around £110 million from a combination of public and private investors, including the UK National Wealth Fund, and the Scottish National Investment Bank (SNIB). This brings the total raised to date to around £150m. The company plans to raise up to £1.5 billion to fund construction of the factory in Scotland, and to further build out its business.

XLCC is working with Ayrshire College to train world class cable jointers
Alignment to the United Nation’s Sustainable Development Goals
The Green Investment Portfolio support the UN’s Sustainable Development Goals. The projects in the portfolio support the goals below:
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Disclaimer
Whereas every effort has been made to ensure that the information in these pages is accurate, Scottish Enterprise and Scottish Development International does not accept any liability for errors, omissions or misleading statements. And no warranty is given, or responsibility accepted as to the standing of any individual, firm, company or other organisation mentioned. Investors will need to undertake their own due diligence in conjunction with individual project promoters/sponsors in relation to the detailed project investment opportunities presented.