GB Energy’s First Move Leaves Wind Industry Questioning Strategy
- Partnership with Crown Estate to focus on offshore farms
- State-backed company will work on early stages of development
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The first move by newly created Great British Energy is prompting the industry to question the priorities and purpose of the state-backed company.
Corporate leaders weren’t consulted on the government’s partnership with the Crown Estate, owners of the UK’s seabed, that was announced on Thursday, according to people in the industry. They consider that significant because GB Energy will step in and take responsibility for the first stage of developing offshore wind farms, crowding out builders until later in the process.