Kleinwort Benson's Private Merchant Banking (PMB) team has been appointed as the corporate finance adviser to the proposed Circuit of Wales racing track; this could result in an extra £100 million to support the scheme. PMB has previous experience in advising on major infrastructure projects in the UK, including the new £4 billion London theme park at Ebbsfleet. It is understood that the agreement could represent the final element of funding required.
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