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Somerset Council Pulls £150m Funding from £4bn Gigafactory Project

Monday, February 16, 2026 somerset gigafactory agratas infrastructure funding businessrates economy construction enterprisezone jobs

Somerset Council has withdrawn £150 million of previously allocated funds from its capital programme that were intended to support the development of Somerset’s new £4 billion gigafactory. Despite this change, construction at Agratas' facility in the Gravity enterprise zone—located between Puriton and Woolavington—is progressing steadily. The gigafactory is set to create up to 4,000 new jobs when fully operational, marking a significant boost for the local economy. A major milestone was recently achieved with the completion of the steel frame for ‘Building One,’ utilizing 23,000 tonnes of British steel—the same amount used in Wembley Stadium’s construction.