AREG News: AREG Welcomes £1bn Offshore Wind Investment Announcement

June 17, 2025
AREG News: AREG Welcomes £1bn Offshore Wind Investment Announcement

Aberdeen Renewable Energy Group (AREG) has welcomed today’s announcement of a £1 billion investment into the UK’s offshore wind supply chains, announced by the UK Government and Great British Energy on Tuesday 17 June, in partnership with The Crown Estate.

This investment aims to back British manufacturing, innovation and infrastructure, from turbines and floating platforms to HVDC cables and port upgrades. The funding forms part of the UK’s wider Industrial Strategy and aims to unlock thousands of new skilled, well-paid jobs while accelerating growth in offshore wind and clean energy technologies.

It includes £300 million from Great British Energy to unlock private investment in industrial regions, £400 million from The Crown Estate for supply chain manufacturing, port infrastructure and innovation, and £300 million in match funding from the offshore wind industry via the Industrial Growth Plan.

In parallel, the UK Government has also committed up to £544 million from its Clean Industry Bonus to incentivise developers to invest in cleaner supply chains and deliver community benefits in regions such as Scotland, North-East England, and East Anglia. Industry estimates suggest this could support up to 14,000 jobs and draw in £9 billion of private investment over the next four years.

AREG Chairperson Jean Morrison, MBE said: “This investment brings a major opportunity for Aberdeen and surrounding areas to harness our deep energy expertise, attract supply chain growth, and secure a leading role in delivering the UK’s clean energy ambitions. With funding committed to manufacturing, infrastructure and innovation, the potential to unlock new jobs, local capability, and long-term economic benefit is promising.”

She continued “With over 260 member organisations across the energy sector, AREG are committed to ensuring this investment translates into real impact across our region, strengthening local supply chains, developing skills and supporting a just and sustainable energy transition.”

AREG continues to champion collaborative working between industry, government and developers, and will work closely with partners to ensure that businesses in Aberdeen and across the north-east are positioned to capitalise on the opportunities created by this announcement.

See full details on the announcement here

Get in touch

AREG is the original energy transition organisation, working on behalf of members to empower the energy supply chain and champion its expertise. Please get in touch if you have any questions or would like to find out more about membership.

Contact Us
“

AREG has played an important role in the growth of Scotland’s renewable energy sector, engaging the supply chain and developing the European Offshore Wind Deployment Centre. However, we are only at the very beginning of the transition that AREG was established to both lead and support so there are still opportunities for companies to get into the constantly evolving renewables supply chain. We look forward to continuing our work together as renewables builds on its place as Scotland’s main source of power, and as we seek to deliver real change in the crucial areas of heat and transport.

Scottish Renewables
“

Aberdeen & Grampian Chamber of Commerce has worked closely with AREG since its formation. The recent progress in the developments of offshore wind projects by Equinor and Vattenfall are as a result of the work of the group over many years. The north-east is known as the oil and gas capital of Europe. At the Chamber, we believe the region must evolve its position to being recognised as the energy capital. Whilst hydrocarbons will continue to be essential in driving our economy for years to come, the generation of renewable resources will play an increasingly important role in providing cost-effective power, innovative development and economic growth.

Aberdeen & Grampian Chamber of Commerce
“

The enthusiasm and dedication of the early group that would become AREG was fundamental in us choosing to launch All-Energy in Aberdeen. The first tiny show was held in 2001, and AREG’s Chairman at the time, Jeremy Cresswell, played such an active role that I often describe him in terms such as All-Energy’s ‘midwife’. All-Energy is now the UK’s largest renewable and low carbon energy exhibition and conference in terms of number of attendees, space booked, and number of exhibiting companies. As AREG became firmly established, their presence and support for the event grew spectacularly over the years. We thank them most sincerely for their invaluable input.

All-Energy
“

Vattenfall has forged a strong working relationship with AREG through the development of the European Offshore Wind Deployment Centre. AREG has worked tirelessly on behalf of the North East and it can take enormous credit for the growth of sustainable energy in the region and the path it has cleared for the region to capture further investment.

Vattenfall
“

Aberdeen City and Shire is emerging as a key location for renewables by successfully transferring its world-class oil and gas expertise into the sector and AREG has done much to advance this through a broad range of initiatives. It has acted as a catalyst in driving further investment in the local economy by engaging with companies, Government, public bodies and existing projects and we have been pleased to support their efforts. Scottish Enterprise will continue to engage with AREG as we increase Scotland’s use of renewable energy.

Scottish Enterprise