The North East Local Enterprise Partnership, a private-public group that promotes and develops economic growth in North East England, has invested $4.9 million in Tyne Dock Enterprise Park, located at the Port of Tyne in the city of Newcastle.
A grant from the British government’s Getting Building Fund, the $4.9 million is intended to strengthen the region’s position as a major offshore wind hub and is in addition to the $2.6 million already invested in the site over the past few years by the Port of Tyne.
The funding has resulted in major improvements to the site’s quayside, allowing multiple offshore wind vessels to berth alongside Tyne Dock Enterprise Park. It has also supported the creation of a new access road, linking Tyne Dock Enterprise Park to the Port of Tyne and modern services to the site.
The 17.5-acre property, which has 1,800 feet of direct riverside frontage, is home to the new Port of Tyne Operations and Maintenance base for Equinor’s Dogger Bank Wind Farm, the world’s largest offshore wind facility.
“Tyne Dock Enterprise Park is playing a leading role in helping the North East attract investment and high-quality employment in the offshore energy sector,” says Helen Golightly, North East Local Enterprise Partnership CEO. “It is also supporting the region’s drive to deliver net zero.”