The NDA Group is working with CX Power as the strategic developer for the Chapelcross green energy hub.
The programme is privately funded and set to transform the region; it will produce several hundred highly skilled job roles, attract skills & investments while driving local economy growth.
The long-term plan will include AI data centres, advanced manufacturing, and hydrogen production.
CX Power is an entity comprising of GA Consultants and Global Mutual Properties Limited whose expertise will enhance planning and financing.
- The £350m investment in the Borderlands Inclusive Growth Deal, from the UK and Scottish Governments, is made up of £150 million for Scotland (£85m from the Scottish Government and £65 million from the UK Government) and up to £200m for England from the UK Government. This will be supported by over £100m of funding from local partners.
- The Borderlands Inclusive Growth Deal was signed in March 2021 supporting over £450m worth of projects.
This is an exciting project for Scotland, and we look forward to following the developments. We have a strong network of talent who would be brilliant additions to this development.
Read more; https://www.gov.uk/government/news/nda-working-with-private-developer-to-accelerate-chapelcross-hub
Picture: Magnox