29 June, 2018

Queen Elizabeth makes millions from offshore wind farms

Leasing the seabed to offshore wind developers was the most profitable business last year for The Crown Estate Ltd., the company that generates income for Queen Elizabeth II.
Wind energy has powered returns for the Queen's Crown Estate.
Earnings from the clean-energy technology in 2017 jumped 32 per cent from the previous year to Ј37 million pounds ($66 million), according to a statement. The gain boosted the investor's energy, minerals and infrastructure portfolio income by 20 per cent.


Read the story by Anna Hirtenstein from The Age - “Queen Elizabeth makes millions from offshore wind farms.”

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