The Welsh Government has acquired a huge 900-plus acre land site at Baglan Bay in Neath Port Talbot. It is one of the biggest land deals ever seen in Wales.
The site, which includes the former BP Chemicals plant, which closed in the late 1990s, has been acquired by the Cardiff Bay administration from regeneration firm St Modwen - through St Modwen Developments.
Extending to 911 acres, and including part of the freehold interest in the Baglan Energy Park, it has been acquired for £1.75m. At Baglan Energy Park the Welsh Government last year intervened to provide a new electricity network for companies located there, at the cost of £4m, after the collapse of the previous utility infrastructure owner.
