Hope for £3.8bn gigafactory as Aussie firm completes Britishvolt takeover

By Daniel Gayne2023-02-27T11:21:00

Could be a year before work re-starts

An Australian battery firm has confirmed its takeover of Britishvolt, reviving hopes that construction of the latter’s £3.8bn gigafactory in Northumberland might be continued.

Contractor ISG, which paused work on the Blyth site last August, said earlier this month that it was “ready, willing and able” to re-start the job, as news of Recharge Industries’ take-over plans emerged.

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