I did once before and that involved Stobart too. It was when there were rumours of Stobart making a bid for Flybe. Everyone was VERY confident that a takeover bid would come and that it would be a no less than 35p if I recall correctly. What I do remember though is that a bid DID come but at 1p not 35 lol. Hope its different here.
There being no mention of monies involved this contract would appear to me to be a not for profit one whereby we finance the build and then pay the loan off through the ERDF payment. What it does achieve is to give us a new test facility and demo unit at no cost to us. Seems a good medium/long term deal to me