UK launches Floating Offshore Wind Manufacturing Investment Scheme
The Government of the UK has launched the Floating Offshore Wind Manufacturing Investment Scheme (FLOWMIS). The scheme aims to boost floating offshore wind capability around the UK by supporting manufacturers and giving private investors the confidence to back this emerging sector.
The scheme's ambition is to deliver up to 50GW of offshore wind by 2030, including up to 5GW of innovative floating wind. FLOWMIS will provide GBP160 million (US$201.02 million) in government funding. The UK already has two operational projects generating power off the coast of Scotland at Hywind Scotland and Kincardine.
The Government has launched a Request for Information (RFI) seeking consultants to better understand the risks and opportunities of the deployment of floating offshore wind in the UK. The deadline to submit the information is July 15, 2022. For more information, visit our business opportunities page here.
Country updates
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May 24, 2022
Brookfield to acquire HomeServe PLC
Brookfield Infrastructure has agreed to acquire HomeServe PLC in a transaction valued at GBP4.1 billion (US$5.1 billion). The transaction will be carried out in a 1,200p per share cash deal. HomeServ...
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UK launches Future Nuclear Enabling Fund (FNEF)
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Funds received for Hammersmith Bridge restoration PPP project
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Shortlist announced for USD3.33 billion road network PFI project in UK
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May 05, 2022
Final close achieved for Tiger Infrastructure Partners Fund III
Tiger Infrastructure Partners has announced the final close for its third flagship fund, Tiger Infrastructure Partners Fund III. The fund reached its hard cap with US$1.25 billion in equity capital co...
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