Britishvolt ‘gigafactory’ site to be sold for £110m to US private equity firm

Blackstone's plans for data centre unlikely to generate thousands of jobs failed startup promised with Northumberland battery plant

The site in north-east England previously owned by the failed battery startup Britishvolt is to be bought for 110m by a US private equity firm, which plans to build one of Europe's largest data centres.

Blackstone Group is to buy the 95-hectare (235-acre) site near Cambois in Northumberland to take advantage of its links to renewable energy, according to the receivers for one of the Britishvolt companies.