THE first phase of a new multi-million pound business centre in Bridgwater has been completed on time and on budget.

The Somerset Energy Innovation Centre will provide a flexible office, meeting and informal networking space.

It is to support the development of a nuclear and low carbon energy supply chain in Somerset.

A ceremony was held on Friday, where the keys were officially handed over to Somerset County Council by representatives from construction firm Midas.

Cllr David Hall, Somerset County Council’s cabinet member for Business, Inward Investment and Policy, said: “This first phase has been completed on time and on budget which is fantastic news for Somerset and the South West.

“The Innovation Centre represents a major investment in our county which will create jobs and encourage growth, providing a huge boost to the local economy and laying the foundations for long-term sustainable growth.

“I’m delighted with the progress being made and look forward to returning in a few months when our first businesses have moved in.”

It s likely that the centre will formally open this year when a contract is sorted with an operator for the centre.

Any businesses interested in becoming a tenant at the centre should contact Lynda Madge by emailing lymadge@somerset.gov.uk.

The Somerset Energy Innovation Centre has been built to support the start-up and growth of businesses in Somerset and across the South-West.

It will encourage collaborative working between suppliers to help local businesses access opportunities in the Hinkley C supply chain and beyond.

Businesses will also be able to access a package of business support to meet their development needs.

David Eccles, EDF Energy’s head of communications for Hinkley Point C, said “The completion of this facility is another example of the investment that EDF Energy has made in the local area and the business opportunities that Hinkley Point C provides.

"As we prepare for the start of full scale construction those companies that may be involved in our supply chain now have a location in which to potentially base some of their activities.”