Budget brings renewable energy funding in North Lincolnshire
Large investment in offshore wind
The proposed Able Marine Energy Park in North Lincolnshire was given a boost by Rishi Sunak's budget announcement on Wednesday. | Photo: Able UK
A £75 million funding boost from the government’s budget will target renewable energy in North Lincolnshire, starting with a deep water quay project in Killingholme.
The funding from Chancellor Rishi Sunak’s budget will go towards the Able Marine Energy Park (AMEP) project, a port facility for offshore wind.
AMEP represents a total £450 million investment from Able UK, a market leader in the field of renewable energy, and will cover an area of 783 acres on the Killingholme coast.