UK Able Marine Energy Park to be delayed further by govt

Jul 29, 2013 - The UK government has further delayed its decision on the plans for the Able Marine Energy Park on the south bank of the Humber river, project developer Able said on Friday.

The government's decision was originally expected on May 24, but it was postponed for July 24.

According to Able, a new deadline has now been set for August 28.

The Marine Energy Park project, which is worth GBP 450 million (USD 692.9m/ EUR 521.4m), is expected to provide quayside facilities purpose-built for the manufacture, assembly and installation of offshore renewable technologies. The project will be located at the Able Humber Port.

UK-based company Able has already invested more than GBP 50 million in the first stage of the project's development which is currently used for vehicle import, storage and distribution activities.

(GBP 1.0 = USD 1.540/ EUR 1.159)

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