Revesby Estate lands Barclays funding
A Lincolnshire estate is gearing up biomass production after bagging funding from Barclays Corporate.
The medium and large business arm of the global financial services provider is backing the Revesby Estate.
Located between Lincoln and Skegness, the family-owned 6,200-acre estate, farms 3,000-acres land and has many business interests, including building and cottage rental, fishing, venison and games sales, equine and grazing and forestry management and sales.
Owned by the Wiggins-Davies family, the estate is now set to increase its biomass production as well as embark on a programme of property improvement.
Gavin Wiggins-Davies, joint owner of Revesby Estate, said: "We have a deep sense of respect and care for both the estate and its community.
"As a family and as custodians of the estate, we're constantly looking at ways to improve our operations so that we are environmentally sustainable and investing for the future. Barclays funding will ensure that we continue with our improvement programme and help us upgrade parts of the farming operations."
The Revesby estate can trace its history back to the Viking invasion and the Roman conquerors. Owner Gavin Wiggin-Davies' grandmother inherited the estate after her first husband was killed on the Somme during World War I.
Kevin Peart, relationship director at Barclays, added: "Revesby is a long-standing landed estate that is continually looking at ways to operate more efficiently and also to improve their environmental footprint.
"The new funding will secure the future of the estate for the next generation and it's great to see customers taking advantage of renewable projects."