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 Ugh: Leasing the seabed Queen Elizabeth makes millions from offshore wind farms

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PostSubject: Ugh: Leasing the seabed Queen Elizabeth makes millions from offshore wind farms   Wed Jun 27, 2018 10:09 pm

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.



Earnings from the clean-energy technology in 2017 jumped 32 per cent from the previous year to 37 million pounds ($66 million), according to a statement. The gain boosted the investor's energy, minerals and infrastructure portfolio income by 20 per cent.

https://www.smh.com.au/business/companies/queen-elizabeth-makes-millions-from-offshore-wind-farms-20180628-p4zo7n.html
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