The developer behind Able Marine Energy Park has welcomed a 拢4.3 million investment that will help deliver drainage and flood defence facilities on the South Humber Bank site.
Able 海角视频, with North Lincolnshire Council, has secured the cash from the Government鈥檚 Getting Building Fund, aimed at shovel-ready infrastructure projects that can boost economic growth.
It will help unlock a large area of land, protect current businesses and contribute towards a new pumping station.
The 拢450 million scheme is primed to play a key role in future offshore wind development, with 拢100 billion of investment now in the sector鈥檚 pipeline.
It is hoped thousands of jobs in a world-class engineering industry could be created.
鈥淎 vital part of the jigsaw and great example of local support,鈥 said Able 海角视频 executive chairman, Peter Stephenson, on receiving the confirmation of the successful bid.
鈥淭he offshore wind sector is potentially on the cusp of something very special. We have clear and unambiguous policy from Whitehall 鈥 through the Sector Deal, and the increasingly demanding targets for both power generation and the extent of 海角视频 content 鈥 there is an unparalleled level of market visibility. Combine this with the sector鈥檚 extraordinary efforts in terms of developing new products and significantly reducing costs and the sector is set to become a dominant factor in a post Covid-19 海角视频 economy.
鈥淐onfirmation of this Government funding is very much a step in the right direction. We believe that the Able Marine Energy Park can and will play a vital role in this process to, first and foremost, provide purpose-built heavy-duty deep-water quays and, just as crucially, a large expanse of adjacent supporting hinterland. Without those key building blocks in place the status quo will prevail and the aspirations to maximise 海角视频 activity will be further diminished.鈥
The pumping station, which is also being funded with 拢2.4 million from Able and other beneficiaries, will deliver extensive surface drainage across a large area of the South Humber Bank with a wide range of benefiting businesses and landowners. It will replace temporary arrangements and provide a permanent solution that will be adopted by the North East Lindsey Internal Drainage Board.
Cllr Rob Waltham, leader of North Lincolnshire Council, added: 鈥淭his is a significant commitment from the Government towards delivering a new port facility in North Lincolnshire.
鈥淲e have been working closely with Able over the last few months, to understand the new market opportunities that are opening up in this sector in order to secure the prospective development of a new marine energy park. This is hopefully just the beginning.
鈥淲e, and the Greater Lincolnshire Local Enterprise Partnership are fully committed to supporting the process of economic development and potential that could come from an offshore marine energy park in our area. This project delivers business investment on a significant site that could unlock skills, jobs and investment here in the north, helping to transform the local economy, whilst also bringing jobs to local residents from the Scunthorpe and Grimsby area.
鈥淎ble Marine Energy Park has the potential to unlock the renewables sector in North Lincolnshire, supporting the government鈥檚 ambitions for clean growth, providing a much needed, more resilient, sustainable economic future for North Lincolnshire.
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鈥淭he pumping station and drainage works are vital for the scheme鈥檚 success and the wider development and sustainability of businesses on the South Humber Bank too. The plans were ready to go and I am delighted that the Government has recognised the ability to deliver on this transformational development that will have a major impact local, regionally and nationally.
鈥淭his project provides a significant opportunity towards attracting and retaining highly skilled jobs to the area and will be a key driver for economic growth and prosperity for decades to come.鈥
