Battery company Britishvolt sold for £8.5m to Australian startup Recharge
The company had raised more than £200m in financing, but was bought out of administration for just £8.5m. The buyers will also have to settle £9.7m in debts.
Tom Barton
Northumberland Correspondent, ITV Tyne Tees
Follow @tombartonTom focuses on reporting on issues affecting communities across the county of Northumberland.
Arwen aftermath: Generators installed to keep villages running during blackouts
They will ensure residents have access to a warm space and cooking facilities if another Storm Arwen hits the region.
Mother and daughter still not home a year after Storm Arwen
Anne Davies and her daughter Helen escaped from their house in Lynemouth as the storm raged on the night of 26 November 2021.