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One such company is High Voltage Substation Services Limited (HVSS). Through Trade Finance Director, Andrew Hallworth, we initially supported the business with a multi-million pound bond facility guaranteed by UK Export Finance, which was increased in 2024 and is used for both UK and European projects.

 

The bond facility has enabled HVSS to issue advanced payment bonds and performance bonds to its overseas client who required these bank guarantees as part of a contract to build an electricity substation for Littleton Solar Farm Project in Worcestershire. "NatWest have been brilliant," shares Emmett Carton, Managing Director at HVSS. "By arranging this bond facility, we’ve been able to take on bigger projects, increase our turnover and take on more staff – ultimately making us stronger as a business."

 

The bond facility is partially guaranteed by UK Export Finance and provides NatWest Group with revenue through monthly issuance fees over the bond’s duration.

 

"It’s great to see the real-world outcomes of trade finance facilities supporting our customers," says Relationship Director, Lewis Williamson. "Knowing that this facility and the bonds that we have arranged for HVSS are helping the firm to not only win new business, but to support UK energy infrastructure and the transition to net zero, is a powerful demonstration of how we succeed with customers."

Jayden Patel (left) working with NWG Accelerator Manager Jess Grocutt (right).

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The case studies included on our website are intended for illustrative purposes only and they are provided to demonstrate potential outcomes and should not be construed as definitive evidence. The content and reliability of these case studies are not the responsibility of NatWest Group and we make no representations or warranties regarding their accuracy. The opinions, conclusions and views expressed in these case studies are solely those of the individuals or companies who provided them and do not necessarily reflect the views or policies of NatWest Group.

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