Peel Ports Group has announced a fresh £10million investment into its Great Yarmouth site, which is being rebranded as the ‘Port of East Anglia’ to accommodate the “next generation” of offshore wind projects across the region.
The announcement made on 30 October brings the total site investment to £70million and is expected to support the UK’s ambition to transition to more sustainable sources of energy.
The group said its overall investment involves ensuring the port can support multiple hydrogen, carbon capture, offshore wind and nuclear energy projects for decades to come.
David Huck, Chief Operating Officer at Peel Ports Group, said:
“It’s fantastic to finally launch The Port of East Anglia and commit additional investment to enhance its operations.
“Great Yarmouth has – and continues to – play a crucial role in the UK’s energy transition and we’ve committed so much investment into the site to ensure we can deliver what is needed.