science

SGS College to sell off Berkeley science and technology campus – Gloucestershire Live


South Gloucestershire & Stroud College (SGS) is planning to sell off its science and technology campus in Berkeley, it has announced. The higher education institute, which is based in South Gloucestershire and Stroud, has signed terms with Chiltern Vital Group (CVG), it confirmed on Monday (January 29).

The sale of the multimillion-pound science and technology park is subject to due diligence and contract, but SGS said it would “enable significant commercial investment” into the site and provide “significant economic opportunities” to the sub-region.




CVG is a UK project creator and developer in the zero-carbon energy, digital education and technology sectors, and has an existing project portfolio in excess of £1bn. One of its significant shareholders is Vital Energi – also a major player in the zero-carbon energy space, which includes the decarbonising and re-use of waste heat. It is expected the sale to the company will be completed by mid-2024.

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Kevin Hamblin, chief executive of SGS College Group, said: “The possible acquisition of SGS Berkeley by this energy consortium would not just be a transaction, it would create a partnership that embodies a mutual commitment to spearheading innovations in nuclear technology.

“This collaboration would be pivotal for SGS College, as it ensures the ongoing role of the college at SGS Berkeley as a key educational partner, providing tailored training and research opportunities in line with the ground-breaking advancements championed by the consortium. The sale would mark a significant milestone in the college’s history, promising to create a new era of energy innovation and educational excellence in the region.”

Nearly 400 students are based at SGS’s University Technical College (UTC), which is located at the Berkeley campus. However, SGS has said UTC will maintain its operations amid the campus transition and for the long-term future. The institute said the sale would ensure the continuation of “high-quality education” in engineering and digital technologies and that the presence of UTC at Berkeley was “crucial” for fostering future talent.



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