A private equity group has reportedly emerged as a potential buyer for the defunct battery start-up Britishvolt.
According to the Financial Times, Greybull Capital executives recently met with Britishvolt management to discuss proposals after being brought in as a possible saviour.
The battery start-up, which had aspirations of building the UK's largest battery factory, recently went into administration after running out of cash.
The administrators at EY are pushing for a quick sale and have asked bidders to submit firm offers by Wednesday with the aim of closing the deal by the end of the week.
Greybull is currently considering submitting a final bid, the paper said.
Greybull, established over a decade ago, has been closely associated with the collapses of airline Monarch and British Steel.