The Crown Estate announces £400mn investment in offshore wind supply chain
Insufficient supply chain capacity is a key constraint limiting the development of further offshore wind in the UK.
The Crown Estate will invest up to £400 million of capital in the UK’s offshore wind supply chain in a move to support renewable energy development within the country.
The company, which owns and manages a £16 billion portfolio of land property and seabed across England, Wales and Northern Ireland, says these investments are intended to support the construction of new infrastructure, including ports, supply chain manufacturing, and research and testing facilities for offshore wind development.
