2 days ago
The Wave Bristol: Inland surfing lake closes in financial dispute
A popular inland surfing lake has been closed because of a row over Wave, on the outskirts of Bristol, shut suddenly on Thursday, cancelling bookings with most of its website owners, Sullivan Street Partners, claimed the closure followed problems surrounding the bankruptcy of a director of another funding partner JAR Wave. The BBC has approached the firm for comment.A statement from the majority owners said: "The Wave Group team apologises unreservedly for any upset caused and is doing its best to ensure the situation can be remedied."
A statement said: "The Wave Group, owners of the surf park in Bristol, has lined up a refinancing alongside its exciting London developments, which would see all creditors repaid in full within a week and is offering to continue to operate the park."The complex, which opened in 2019, cost £26m to build and can generate up to 1,000 waves an provides a gentle swell for aspiring surfers, as well as fast, hollow waves for veteran wave is powered using solar array and battery storage – which created more energy than the site used each year, according to the The Wave 2019, it has welcomed 400,000 visitors and enabled 400 para surfers to surf as part of regular surf sessions.
