The Able Marine Energy Park scheme has secured £14.9m from the Enterprise Zone Capital Grant Fund - enabling construction work to be brought forward.
The Humber was one of 12 Local Enterprise Partnerships to successfully bid for a slice of the £100m Enterprise Zone Capital Grant Fund from the Department for Communities and Local Government.
The £440 million AMEP scheme, which was granted planning permission on December 18, is a nationally significant infrastructure project offering a bespoke facility for the manufacture, storage and deployment of renewable energy technologies.
The grant is helping to bring forward the work and associated construction jobs as part of a first phase £29m general infrastructure programme, which is set to conclude in March 2015, and will create c. 350 FTE equivalent construction jobs.
The grant will help to mitigate some of the risk of the development of the £440m project which will see 4,100 direct jobs and 1,250 constructions jobs, giving investors further confidence that the delivery time will be shortened and be more responsive to the energy market.
Works on the land – the largest enterprise zone sites in the UK – will develop 240,000m2 commercial floorspace, including 3.7km of internal access roads, 1,355m of multi-rail sidings, 40MVA electricity supply to AMEP and surrounding area and mains water, gas and sewage services to the Enterprise Zone, increasing capacity for surrounding industry.
Lord Haskins, Chair of the Humber LEP, said:
“We’re delighted we were able to secure funding from the Enterprise Zone Capital Grant Fund for the Able Marine Energy Park, which will help the works to get off the ground more quickly, bringing forward hundreds of construction jobs.
“The energy park project is a critical part of our plans for growing the Humber as the UK’s energy estuary.
Peter Stephenson, ABLE’s Executive Chairman said the Grant Offer was another “very clear indication of the high level of Government support for the AMEP project” which underlined the critical role that the development will play for the UK’s renewable energy sector.
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