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Cuadrilla has donated £100,000 to an independent Community Benefit Fund which will distribute the money to projects close to its Preston New Road shale gas exploration site.
Francis Egan, CEO of Cuadrilla, said: “Today is an important milestone for the energy industry in the UK as well as the community in Lancashire. In addition to the jobs created, and the nearly £3m of investment that Lancashire has received to date as a result of our shale gas exploration, the local community will now also directly benefit.
Local residents will soon receive a survey carried out by MES (Membership Engagement Services), an independent research, engagement and communications company. Residents will be asked their views on which types of local community issues or projects the Community Benefit Fund for the first exploration well should be spent.
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