Crown Estate Invests Heavily in Offshore Wind Supply Chain ...Middle East

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Crown Estate Invests Heavily in Offshore Wind Supply Chain
source : OILPRICE ( Middle East ) () 32
King Charles III’s property firm is to invest up to £400m of fresh capital into the UK’s offshore wind supply chain, it has been announced. The Crown Estate has earmarked £350m for investment into the construction of a new port and supply chain infrastructure it said would support “accelerated delivery of UK offshore wind projects.” The other £50m will support “early-stage project development,” delivered via a succession of funding rounds. Investment from The Crown Estate, which manages a £16bn…

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