Teesworks joint venture company created to provide power to tenants was set up without any written record

  • 📰 The Yorkshire Post
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A joint venture company was set up between the Ben Houchen-chaired South Tees Development Corporation (STDC) and private property developers without any written record or correspondence between the parties involved.

Last month The Yorkshire Post revealed a private company named Steel River Energy Ltd had been set up by STDC with Chris Musgrave and Martin Corney - the property developers who lead the private investment in Teesworks Ltd. It can now be revealed the company was set up without any formal meetings or written correspondence between the public and private partners.

” TVCA’s official response was that they “do not hold any relevant information. Searches have been conducted for emails and documentation and returned zero results.” When asked to clarify the result of the FOI request, spokesperson for TVCA said: “We've nothing further to add to the information previously provided on this.

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