The cost of a huge energy, technology and residential project at Swansea docks could reach £4.2 billion, the entrepreneur leading it has said. Tony Miles, chief executive of battery manufacturing and storage firm DST Innovations, is pushing on with the first phase of the 13-year project - known as Blue Eden.
It's still early days but DST Innovations has signed an in-principle heads of terms agreement with landowner Swansea Council for a plot off Langdon Road, SA1, for a 60,000 square-metre battery manufacturing facility.
Mr Miles said discussions were taking place with the council and also Natural Resources Wales, the Welsh Government and the Crown Estate ahead of the submission of a planning application. He said he was confident that DST Innovations, which has around 35 employees at its base in Bridgend and a further 65 or so overseas, could deliver Blue Eden along with its consortium partners. You can get more Swansea stories straight to your inbox with our newsletter.
