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Related British Ports (ABP) welcomes the choice by the Division of Power Safety and Internet Zero to advance the Port Talbot undertaking to the first listing part of the Floating Offshore Wind Manufacturing Funding Scheme (FLOWMIS).
“ABP is happy that the U.Ok. authorities is supporting the bold plan to rework the port of Port Talbot into a serious hub for floating offshore wind and inexperienced vitality growth,” says Henrik L. Pedersen, CEO of ABP. “The FLOWMIS award, alongside important ABP funding of greater than £500 million, will start to unlock a projected £1 billion of funding in Port Talbot and the encompassing space. This can develop a inexperienced financial hub supporting and creating almost 10,000 jobs in South Wales and throughout the broader U.Ok. provide chain.”
The proposed hub would see the port remodeled into a middle for the manufacturing, meeting and integration of floating offshore wind elements for tasks within the Celtic Sea.