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Western Marinas Limited, and its portfolio of subsidiaries, was incorporated on April 16, 2024, and Harwood Private Capital, as part of its UK SME fund in which the British Business Bank has invested, provided an £8.25m senior secured term loan (including a £2m co-investment) to support restoration of the marina and surrounding areas.

AssetCool, a Leeds-based company that helps to tackle grid congestion by increasing the capacity of overhead power lines, has raised £10m in a Series A funding round backed by leading global energy investors.

One of the North East’s most established plant hire businesses is set to build on decades of success after securing an investment from NPIF II - NEL Debt Finance, which is managed by NEL Fund Managers as part of the Northern Powerhouse Investment Fund II (NPIF II).