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Ratcliffe-on-Soar power station
The Ratcliffe-on-Soar site is leading the way in clean energy innovation and advanced manufacturing, transforming from a coal-fired power station into a zero-carbon manufacturing and technology hub.
This redevelopment underscores the East Midlands’ commitment to decarbonisation and sustainable industrial growth.
The Ratcliffe-on-Soar site has access to existing high-capacity utilities infrastructure for industrial and manufacturing needs, offering an immediate opportunity for redevelopment with all the necessary facilities to accommodate a major gigafactory development.
This transformational project will boost employment opportunities, energy resilience, and investments in regional transport and public amenities, for the benefit of local communities and the wider region.
Key facts
- Transforming from a coal-fired power station into a zero-carbon manufacturing and technology hub
- Access to existing high-capacity utilities infrastructure
- 273-hectare site, largely within the freeport tax site boundary
- Excellent connectivity to East Midlands Airport, plus a direct rail freight connection with a capacity of 5 million tonnes annually, as well as being adjacent to East Midlands Parkway station
- High-capacity utilities infrastructure for industrial and manufacturing needs
- Water extraction rights to support industrial and manufacturing operations
- Tax incentives and simplified customs processes for businesses investing in this dynamic hub
Opportunity location
Why invest in East Midlands Freeport?
The East Midlands Freeport (EMF) was announced as a successful Freeport bid by the UK Government in March 2021.
As the UK’s only inland Freeport, it will drive economic regeneration across the East Midlands.
Underpinning this is a unique and world leading combination of partners focused on creating tens of thousands of jobs, boosting skills and accelerating the region’s commitment to decarbonisation and Net Zero through low carbon energy investments.
Straddling three East Midlands counties, East Midlands Freeport features three main sites: the East Midlands Airport and Gateway Industrial Cluster (EMAGIC) in North West Leicestershire, the Ratcliffe-on-Soar Power Station site in Rushcliffe in Nottinghamshire and the East Midlands Intermodal Park (EMIP) in South Derbyshire.
Insight for investors
- Site size: 273 hectares
- Timescale: 2022-2030
- Delivery timescale: Immediate
- Planning Status: A Local Development Order (LDO) is already in place, streamlining the planning process for investors and enabling rapid development
