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UK’s Labour targets port infrastructure to boost floating wind power

October 11, 2023 Comments Off

The UK opposition Labour Party’s proposed national wealth fund would invest in Britain’s ports to make them fit for purposes of floating offshore wind projects, sector officials told S&P Global Commodity Insights Oct. 10 at the party’s annual conference in Liverpool. Shadow finance minister Rachel Reeves said Oct. 9 the fund would be set a target of leveraging three times…