Tuesday 22nd January 2019
Home General Business News £4 million expansion in Gt Yarmouth unlocks site for energy investment

£4 million expansion in Gt Yarmouth unlocks site for energy investment

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Brineflow Properties and Handling, a liquified fertiliser supplier, is making a £4m expansion at Great Yarmouth Energy Park and freeing up a prime site next to the Outer Harbour for offshore energy investment, thanks to an agreement with Gt Yarmouth Borough Counicil.

Brineflow is investing in large shoreside tanks for liquid fertilisers at South Denes and has agreed with the borough council to vacate its base on the Enterprise Zone to a nearby site with a new pipeline to the quayside. This releases a prime five acre site, which will be promoted by the council to businesses in offshore wind farms and gas platform decommissioning.

Supported with a £300,000 grant from New Anglia LEP, Brineflow is relocating further north to land it already controls. Cllr Graham Plant, council leader, said: “As England’s offshore energy capital, Great Yarmouth is at the forefront of £39bn of energy investment over the next 20 years and is a growing hub for both offshore wind farms and gas platform decommissioning. This amicable commercial agreement between the council and Brineflow is a win-win for our economy, unlocking a prime development site, adjacent to the Outer Harbour, to attract further investment in these growing areas, in addition to facilitating a £4m private sector investment in the energy park from local families in a growing business.”

Last Updated ( Thursday, 20 December 2018 11:00 )