“Major Vote of Confidence in UK Clean Energy Leadership”
Tracy Gilbert, MP for Edinburgh North and Leith and Chair of the Offshore Wind All-Party Parliamentary Group (APPG), has welcomed the announcement of a £150 million public investment package into the Pentland Floating Offshore Wind Farm, a project set to support more than 1,000 jobs and accelerate the UK’s position as a global leader in floating wind.
The investment, jointly backed by GB Energy, the National Wealth Fund, and the Scottish National Investment Bank, marks one of the most significant early-stage commitments to floating offshore wind in the UK to date.
Tracy Gilbert MP said: “This £150 million investment is a major vote of confidence in Scotland’s floating offshore wind ambitions and in the UK’s ability to lead the world in this technology.
“The Pentland project demonstrates what can be achieved when GB Energy and our public finance institutions collaborate to support innovation, job creation, and long-term economic growth.
“As Chair of the Offshore Wind APPG, I’ll continue pushing for the infrastructure investment needed to unlock more projects like this, because the benefits for Scotland’s communities, workers, and supply chain are clear.”