A LUXURY holiday park near Holsworthy is set to receive a summer upgrade after its parent company received a £10.5-million from a high street bank.
Capfun, the camping operator behind three Devon based holiday parks, says the investment will help provide new facilities and renewable energy generation after the funding from HSBC.
The three holiday parks are part of nearly 200 owned by the pan-European operator.
It is intended that solar panels will be installed to power parts of the holiday park being improved in addition to a promised 28 additional jobs.
Elliot Hassall, finance director for Lakeshore Leisure, said: “This deal enables us to invest significantly in the quality of our facilities across our three sites in Devon to offer guests an amazing holiday experience that fits with our parks’ beautiful natural surroundings. I’m also pleased that we can continue to invest in renewable energy as well as provide more jobs for local people.”
Raj Shah, relationship director, International Subsidiary Banking at HSBC UK, added: “This marks an important milestone for Lakeshore Leisure following the business’s acquisition by Capfun. It signals the camping business’s desire to kickstart growth in the UK as it aims to become one of the first pan European park operators.”