General Electric has announced it will invest approximately £100m in offshore wind in the UK, including a new manufacturing facility.
The company is expecting to invest a total of 340m Euros across Europe with the investment expected to create 1,900 jobs. The decision comes on the back of the Government’s £60 million Budget pledge for ports servicing the burgeoning UK offshore sector. GE UK managing director Magued Eldaief said: “We believe offshore wind has a…
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