The National Wealth Fund and Treasury has backed Peak Cluster in a multi-million-pound investment:

• Boosting growth in our industrial heartlands
• helping to secure a long-term supply of low carbon cement and lime products the British construction and manufacturing sectors rely on
• supporting British industry to decarbonise and expand

The £28.6 million investment will unlock £31 million from private partners including Holcim, Tarmac, Breedon, SigmaRoc, Summit Energy Evolution and Progressive Energy, creating a flagship private-public partnership.

In addition, the investment unlocks Spirit Energy’s Morecambe Net Zero, the UK’s largest carbon dioxide store.  Together, they will create and secure 13,000 jobs in the Midlands and North West England.

Read the full press releases from HM Treasuary and National Wealth Fund.