ABP plans to invest around GBP 500 million (approximately EUR 573 million) to upgrade a site in Port Talbot and turn it into a major floating offshore wind hub.
The new and repurposed infrastructure in Port Talbot will enable the port to host manufacturing, installation, and supply chain activity for the floating offshore wind sector. This has the potential to create 16,000 new, high-quality jobs and attract GBP 5.5 billion (approx. EUR 6.3 billion) inward investment in the wider regional economy, ABP says.
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