The Times | Subsea cable factory lays out £1.4bn bid

A project to manufacture the world’s longest subsea electricity cables in Scotland is seeking to raise £1.4 billion to start factory construction by next summer. XLCC hopes to produce high-voltage cables for use in the XLinks project, led by the former Tesco boss Sir Dave Lewis, which is seeking to import solar and wind power from Morocco to Britain via a 2,360-mile cabling route.