HSBC UK funds Biofuels & Oils to produce biofuel for NHS hospital

June 1, 2020 |

In the UK, Business Daily News reports that HSBC UK funded South Yorkshire-based Biofuels & Oils, said to be “six figures” but without providing a specific sum, to help the company supply biofuel to a National Health Service hospital. The hospital recently expanded by another 80 beds to fight the COVID-19 pandemic and the funding will cover all of the salaries of employees to produce and transport the biofuel required by the hospital. The bank says the quick funding it provided to the biofuels company was a way to show support to the NHS during this challenging period.

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Category: Fuels

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