Port of Port Talbot in line for £80m investment from the UK Government

The port of Port Talbot is in line to secure £80m in UK Government funding to support a planned £1bn investment to position it as a major UK hub for floating offshore windfarm assembly and manufacturing.
The port, owned by Associated British Ports (ABP) – which has also been designated as a freeport alongside the Port of Milford Haven under the Celtic Freeport banner – has been taken forward by the Westminster administration for due diligence under its Floating Offshore Wind Manufacturing Investment Scheme (FLOWMIS).
Read More:The Crown Estates on the renewable energy potential of the Celtic Sea
Read More:Tata to close coke ovens at Port Talbot steelworks
Subject to final approval, the port will secure £80m, alongside the same amount for Port of Cromarty Firth in Scotland, later this year.
The port operator said it …
Read more…….