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 focuses on reporting on issues affecting communities across the county of Northumberland.
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.
They will ensure residents have access to a warm space and cooking facilities if another Storm Arwen hits the region.
Anne Davies and her daughter Helen escaped from their house in Lynemouth as the storm raged on the night of 26 November 2021.