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Renew Tees Valley

Renew Tees Valley and Redcar & Cleveland Council are planning to build an Eco-Park on a 53-hectare former steelworks site in South Bank, providing space for about 20 companies and 500 jobs.

Renew Tees Valley is providing assistance to Ensus with proposals to build a multi-million pound bioethanol plant on Teesside by 2008, and Ensus is also said to be looking to raise £80m in a flotation on Aim.

Renew Tees Valley is in talks with Progressive Energy about plans to build an 800MW "clean coal" power plant on Teesside.