Britishvolt plots £200m fundraise for Blyth gigafactory

Cecilia Keating
clock • 3 min read
A render of the Northumberland site | Credit: Britishvolt
Image:

A render of the Northumberland site | Credit: Britishvolt

Firm reveals it has secured a promise of a further £40m investment from miner Glencore as it unveils plans for a new funding round and Canadian expansion

Gigafactory developer Britishvolt has today announced it plans to raise another £200m to support its plans to develop the UK's electric vehicle (EV) battery ecosystem, confirming it has already secured...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Technology

GSMA launches green mobile technology innovation fund

GSMA launches green mobile technology innovation fund

Global industry body offering grants worth up to £200,000 to innovators supporting the clean tech transition in low and middle income countries

BusinessGreen staff
clock 24 February 2026 • 1 min read
'We will stop you': Environment Agency launches new drone squad to tackle waste criminals

'We will stop you': Environment Agency launches new drone squad to tackle waste criminals

Defra unveils plans to beef up response to waste crime through the roll out of cutting edge technologies

clock 20 February 2026 • 3 min read
 Study: Energy saving 5G tech could slash UK CO2 by 25 million tonnes

Study: Energy saving 5G tech could slash UK CO2 by 25 million tonnes

University of Surrey research explores environmental impact and possible efficiency strategies delivered through technology improvements for 5G networks

clock 18 February 2026 • 3 min read