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Selection of an Investment Partner for the Global Centre of Rail Excellence

GCRE Ltd Published 19 Jan 2023 Sell2Wales

key details

Statusactive
Category (CPV) 71541000 +30 more
RegionWales
Deadline28 Feb 2023
Procedureselective
OCIDocds-h6vhtk-038790

description

GCRE Ltd (the "Company") is seeking a strategic investor to fund the Company. This is an investment and commercialisation opportunity in relation to the Global Centre of Rail Excellence ("GCRE"), a planned railway infrastructure and rolling stock testing, proving, demonstration and storage facility in South Wales, on a site of 700 hectares located within the Powys and Neath Port Talbot local authorities. GCRE is being developed by the Company, which is currently wholly owned by the Welsh Government.

The strategic investor, which could be a single investor or a consortium of investors, will acquire a majority shareholding in and control of the Company (being a minimum of 51%).

documents

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notice history

2 notices published against this procurement.

PublishedTypeRegimeNotice
23 Nov 2022 Prior information notice (F01) Earlier regulations 033185-2022
19 Jan 2023 Contract notice (F02) Earlier regulations 001623-2023

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source

Published on Sell2Wales. Contact details for named individuals are not reproduced on this site.