The agreement, subject to final approval by the Competition and Markets Authority, will combine government backing with further private investment from ABP to deliver large-scale manufacturing, assembly and marshalling capacity for floating offshore wind projects.<\/p>\n
The milestone was marked by a visit to the port by Secretary of State Jo Stevens and Energy Minister Martin McCluskey, highlighting the strategic importance of the project for South Wales and the wider UK energy transition.<\/p>\n
\u201cToday\u2019s visit marks real progress on the shared ambition between ABP and the UK Government to secure the infrastructure needed to deliver floating offshore wind at scale,\u201d said Henrik L. Pedersen, ABP\u2019s chief executive.<\/p>\n
\u201cAgreeing terms on government support is a critical step towards further ABP investment at Port Talbot and establishing the port as a cornerstone of the Celtic Sea floating offshore wind industry.\u201d<\/p>\n
Developers involved in the region welcomed the announcement, emphasising the importance of port infrastructure in unlocking projects awarded through the recent Celtic Sea leasing round.<\/p>\n
\u201cWe welcome today\u2019s announcement from the Government to support the development of critical port infrastructure at Port Talbot,\u201d said Mark Hazelton, Gwynt Glas project director. \u201cThis is a vital step towards unlocking the immense potential of floating offshore wind in the Celtic Sea.\u201d<\/p>\n
Industry stakeholders also pointed to the role of the project in enabling long-term supply chain growth and job creation. \u201cProgress at Port Talbot directly supports our ability to plan and deliver floating offshore wind in the Celtic Sea,\u201d said Hugh Kelly, co-founder & chief executive of Simply Blue Energy.<\/p>\n
Ocean Winds echoed this view, with head of external affairs and policy, Nikki Keddie noting that strengthening local port infrastructure is essential to support deployment at scale.<\/p>\n
The agreement was also welcomed by The Crown Estate as a positive step toward realising the Celtic Sea\u2019s offshore wind potential.<\/p>\n
ABP said the Port Talbot development could become one of the most significant industrial regeneration projects in south Wales, supporting thousands of skilled jobs and positioning the region as a centre for clean energy manufacturing.<\/p>\n