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Leicester’s Power Move on Oxford Street | Leicester News
Leicester City Council is set to sell a prime half-acre plot on Oxford Street for a major upgrade: a new electricity substation to power the city’s future. National Grid has agreed to buy the site, pending planning approval, as part of a £60 million asset-sale drive to boost the council’s finances—already £16 million secured. The substation will fuel growth for key institutions like the hospital, university, and football club while helping meet rising energy demands and climate goals. Current tenants are being relocated, and the sale could deliver a major financial boost before the end of the…
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