Centre for Alternative Technology loses £25m growth deal funding

Summarised from 2 outlets · Updated 5 Nov, 20:39 · Archive

The Centre for Alternative Technology in Machynlleth has withdrawn from the Mid Wales Growth Deal, ending a £25 million redevelopment project known as Cynefin. The organisation said the decision reflects a recognition that the scale, timetable and funding requirements of the scheme were 'no longer the right fit' for its 'evolving plans for the site'.

CAT announced the change alongside the appointment of interim chief executive Rhiannon Turner and interim chief operating officer Megan McGrattan. The organisation said funding it received before this withdrawal, which was match funded, enabled it to complete important preparatory work. These included topographical and ecological surveys, business planning, submission of a planning application for quarry cottages and development of a site plan for the whole CAT site.

A spokesperson for CAT said the newly launched five-year strategy provides clear direction for the organisation's future, and that while development plans will not progress through the Mid Wales Growth Deal, the ambition for the CAT site remains a key focus.

How it is being reported

• £25m Centre for Alternative Technology redevelopment droppedCAT transformation near Machynlleth will no longer proceed through the Mid Wales Growth Deal.Cambrian News · 5 Nov, 20:18
• £25 million funding for CAT redevelopment lost as it leaves Mid Wales Growth DealCentre for Alternative Technology redevelopment in Machynlleth loses £25m Mid Wales Growth Deal funding amid Charity Commission governance reviewCounty Times · 4 Nov, 12:18

In this story: Centre for Alternative Technology · Machynlleth · Mid Wales Growth Deal · Rhiannon Turner · Megan McGrattan · Growing Mid Wales Board

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