Blyth Gigaplant



I don't know but they had a lot of kit on for a while.. fenced and secured .. cleared lots of rubbish... Someone more local may be able to tell me

If there is 10 mills worth another matter
Nowhere near. This purchase could well be to facilitate another project there.
Someone is still sniffing around about a giga plant but not on the original site
 
Recharge Industries: Britishvolt buyer failed to pay UK staff for months Recharge Industries: Britishvolt buyer failed to pay UK staff for months

Having read this article it seems like it’s the land value plus clearing charges against the land:

The company agreed to pay £8.57m. Of this, EY says £6.1m was received on initial completion of the transaction……

But simply to get control of the land, it not only needs to give the remaining £2.47m to EY, but also needs to raise another £11m to pay property investor Katch, which has a financial claim to the site.
 

Back
Top