WQ97044 (e) Tabled on 30/07/2025

Will the Cabinet Secretary clarify the value of the Welsh Government legal charge against the assets of Adventure Parc Snowdonia Ltd?

Answered by Cabinet Secretary for Economy, Energy and Planning | Answered on 31/07/2025

The Welsh Government legal charge against the assets of Adventure Parc Snowdonia Ltd did not hold a specific value. The charge related directly to the loan secured against the assets of the business which varied in value over time in response to the accrual of interest or the repayment of the debt. This security has now been discharged as a result of the repayment in full of the loan.