21 Jun 2022

The Crown Estate has announced that Gus Jaspert has been appointed into the role of Managing Director of Marine, starting in October this year. The role is currently held by Huub den Rooijen who will be retiring after ten years at The Crown Estate. Huub will be stepping into an advisory role once Gus is […]

21 Jun 2022

The Crown Estate has announced a net revenue profit of £312.7 million for the financial year 2021/22 Results summary: Net revenue profit: £312.7 million generated for the public purse, which is £43.4 million higher than last year. Total return performance: 12-month total return is 12%, outperforming annual bespoke benchmark of 9.9%. On a three-year rolling basis, it […]

07 Jun 2022

The Crown Estate has committed a further £25 million into its Offshore Wind Evidence and Change Programme, bringing the total investment intent up to £50 million.  There are 23 projects in the current portfolio representing £33milion of funding – £22million from The Crown Estate’s core investment fund, and £11million of co-funding or in-kind contributions. The […]

17 May 2022

The cumulative effects of offshore wind on the marine environment alongside other human activities is the focus of a new initiative in the UK. The Ecological Consequences of Offshore Wind (ECOWind) research programme aims to help deliver policy-ready solutions that aim to enable offshore wind and thriving marine ecosystems to coexist and to promote environmental […]

03 May 2022

The Crown Estate has completed its work on the Plan-Level Habitats Regulations Assessment (HRA) for Offshore Wind Leasing Round 4. In 2021, The Crown Estate announced that it had selected six proposed new offshore wind projects in the waters around England and Wales through Offshore Wind Leasing Round 4. The Crown Estate has now completed […]

29 Mar 2022

A major tidal project off Anglesey will benefit from £31m of funding in what is likely to be the last large grant from the EU’s regional funding programme. The news has been reported in the BBC and NationCymru. Wales’ Climate Change Minister Julie James confirmed the funding would be given to Menter Môn for the […]