£500,000 for Sherwood Energy Village
A £3.3m project set to create 38 jobs and safeguard an additional 26 will receive £500,000 funding via the D2N2 Local Enterprise Partnership (LEP).
The Sherwood Energy Village, near Ollerton, Nottinghamshire, is set to benefit from a project which will develop 32,000 sq ft of commercial floor space for business and industrial use.
Some £500,000 of funding for the project has now been approved by the D2N2 Infrastructure and Investment Board (IIB).
The £3.3m project at the Sherwood Energy Village – which aims to deliver commercial development in a sustainable, environmentally responsible way in the former coalfields area – is being funded with £2.8m from CRT Property Investments and now £500,000 from D2N2.
Planning permission for the scheme was granted in April 2016. Contractors are expected to start work on-site by the end of this month (September), with the project due to be completed by spring 2018, ready for businesses to move in.
Tom Goshawk, capital projects manager for the D2N2 LEP, said: “Employment sites are key assets for every successful economy. Businesses need well-developed, high-quality workspaces to produce and market their goods and services efficiently.
“That is why we’re working closely with CRT Property Investments to unlock this area of Nottinghamshire for our area’s businesses.”
