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Huge investment in Port of Brest

Wednesday, February 7 2024

General – Investment

€900m will be invested in the Port of Brest over the next 40 years, with an initial injection of €500m over the first 10 years.

Picture: Mathieu Le Gall.

This is what the Brittany Region – owner and concessioning authority has just decided to make the Port of Brest a port that consolidates its historical industries and is committed to the transition, in particular by contributing to the development of offshore renewable energies.

With the agreement of the port’s other shareholders, Brest Métropole and the CCIMBO, the Brittany Region has given the green light for the 40-year concession agreement granted to the Brest Port Authority (BrestPort) to manage the commercial port’s operations in a revolutionary way, unprecedented in France, around 5 industrial challenges focused on transitions, in particular the development of offshore renewable energies.

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  4. Record investments by Statkraft in Norwegian hydro and wind power

Filed Under: Brest, France, International News, Investment Tagged With: Brest, France, Investment

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