Britishvolt ‘gigafactory’ site sold for £110m to US private equity firm
Blackstone’s plans for data centre unlikely to generate thousands of jobs failed startup promised with Northumberland battery plantThe site in north-east England previously owned by the failed battery startup Britishvolt has been bought for £110m by a US private equity firm, which plans to build one of Europe’s largest data centres.Blackstone Group bought the 95-hectare (235-acre) site near Cambois in Northumberland to take advantage of its links to renewable energy, according to the receivers for one of the Britishvolt companies. Continue reading...
Blackstone’s plans for data centre unlikely to generate thousands of jobs failed startup promised with Northumberland battery plant
The site in north-east England previously owned by the failed battery startup Britishvolt has been bought for £110m by a US private equity firm, which plans to build one of Europe’s largest data centres.
Blackstone Group bought the 95-hectare (235-acre) site near Cambois in Northumberland to take advantage of its links to renewable energy, according to the receivers for one of the Britishvolt companies. Continue reading...
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