Wates confirmed winner of £450m car battery gigafactory

Wates and Turner & Townsend have been appointed by client Envision AESC to lead the design and project manage construction of its £450m car battery gigafactory in Sunderland.

The factory will be built at the 50-acre International Advanced Manufacturing Park and will form part of a £1bn partnership with Nissan UK and Sunderland City Council to create an electric vehicle (EV) hub to deliver the next generation of electric vehicle production.

Wates will develop an adaptable design that provides the infrastructure to support battery production by 2024. The contractor will work alongside Turner & Townsend who will act as the project manager and cost manager.

Planning permission was granted in October for the gigafactory, which represents an initial 9GWh plant with potential future-phase investment by Envision AESC of £1.8bn.

This will generate up to 25GWh and create 4,500 new high-value green jobs in the region by 2030, with potential on site for up to 35GWh. This commitment will power Nissan’s new vehicles in the first phase and support the continued localisation of vehicle parts and components with advanced technology.

As part of the design process, Wates is already engaging with local supply chain partners, seeking their input on areas ranging from clean utilities to fire protection services.

Chris Caygill, Managing Director of the Envision AESC battery plant, said: “Envision AESC is pleased to be working with both Wates Group and Turner & Townsend as key partners in this next stage of our UK gigafactory development.

“Each brings unique strengths to the project that will help deliver a world-class battery manufacturing facility essential to helping the UK automotive industry transition to a fully electrified future.

“We pride ourselves particularly on the safety record of our batteries, which continually achieve zero critical incidents in new product and process designs. Together with smart, digitally integrated clean energy generation, storage and use in our battery plants, we are supporting the global transition towards net zero carbon energy targets.”

Paul Chandler, Executive Managing Director of Wates Construction Group, said: “At Wates, we are constantly looking for a better way, using innovation, adaptability, and collaboration to help us take on the challenge of making our sector more sustainable.

“This project, to design the Envision battery gigafactory, will be a vanguard for that, representing a huge opportunity to accelerate Envision and the UK Government’s net zero ambitions.

“Not only that, but the project is also an essential piece of the puzzle in the Government’s levelling up agenda, and we’re incredibly proud to be laying the foundations for sustainable growth in the region.

“There is enormous potential to bring about real change, creating a legacy for Sunderland and the Northeast, through the creation of new green jobs and inward investment.”

Greystar JV targets London for £1.8bn build to rent homes push

Property investor Greystar Real Estate has teamed up with a subsidiary of the Abu Dhabi Investment Authority to develop build to rent housing in London and its commuter towns.

The JV plans to spend £1.8bn on a pipeline of new-build projects, starting with a project in London’s Battersea district where it hopes to build 14,000 sq m of residential and commercial space at Lombard Street.

Both investors are targeting London, following a similar deal in 2015 in the Netherlands, which created a portfolio of more than 6,000 homes for students and young professionals.

To springboard into the London market, the JV has also confirmed it will buy private rental business Fizzy Living from Metropolitan Thames Valley Housing.

This will see its take over management of nearly 1,000 occupied homes and take on 30 Fizzy Living staff, at a portfolio valuation of £400m.

The Fizzy Living assets are well-located and close to public transport in Canning Town, Lewisham, Epsom, Stepney Green, Poplar, Walthamstow, Hayes and Silvertown. Greystar will start capital improvements and other operational enhancements.

Mark Allnutt, senior managing director – Europe, Greystar, said:“Demographic trends and a severe structural undersupply of housing is driving demand for high quality rental homes in the UK, so this remains a high conviction investment strategy for Greystar.

“We have a highly successful relationship with ADIA in the Netherlands and now have a unique opportunity to create a rental housing portfolio of substantial scale in London and its surrounding commuter towns.

“The Fizzy transaction provides us with day one access to eight operational assets and a host of new team members that we are pleased to welcome to Greystar.

“In addition, we will grow the portfolio through our newly formed partnership with ADIA from the ground up.”

 

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Gove declares war on construction companies

Secretary of State for Levelling Up, Housing and Communities Michael Gove is getting tough on construction companies four-and-a-half years after the Grenfell Tower tragedy.

Gove has turned his ire on Rydon Homes and blocked them from the government’s Help to Buy home ownership scheme with immediate effect.

It means they no longer have government support and cannot market their properties to first time buyers, with the offer of government backed loans.

He thundered: “It is in the public interest to exclude Rydon Homes from the Help to Buy scheme with immediate effect given the extremely concerning evidence heard by the Grenfell Tower Inquiry about its sister company.


“The development and construction industry should be in no doubt: I will continue to go after those who put lives at risk, are responsible for the building safety crisis and are failing to play their part in fixing it. The Grenfell community and innocent leaseholders deserve better.”

Rydon was the main contractor on the refurbishment of the Grenfell Tower which was destroyed by fire in June 2017 with the loss of 72 lives.

Gove has also warned the construction industry “there will be consequences for those who are responsible for the building safety crisis and those who are failing to help fix it.”

A government statement on the ongoing Grenfell inquiry said: “The Grenfell Tower Inquiry is considering worrying evidence of potentially unacceptable practices by Rydon Maintenance Ltd – the lead contractor for the refurbishment of the Grenfell Tower – before the tragedy that occurred in 2017, in which 72 people lost their lives.

“Rydon Maintenance falls under the same parent company as Rydon Homes Ltd and has directors in common.”

Did you miss our previous article…
https://www.thegraduatemag.com/?p=1778