General – Funding
The Offshore Wind Growth Partnership (OWGP) has announced the recipients of the second round of its Manufacturing Facility Support Programme (MFSP).
A total of £1.2 million has been awarded to five UK companies to help them accelerate investment in offshore wind manufacturing facilities.
The successful companies will each receive a share of the £1.2m funding pot to support early-stage pre-investment activities to develop new manufacturing facilities or expand existing ones.
These projects will increase UK production capacity and capability for key offshore wind components, equipment, and systems, aligned with the priorities set out in the Offshore Wind Industrial Growth Plan (IGP).
The MFSP provides matched funding of up to £500,000 per project, helping to de-risk early investment and unlock significant capital expenditure in UK manufacturing. Successful projects are expected to deliver at least £5 million in capital investment within two years, £5 million in annual revenue and create a minimum of 20 new UK jobs within five years.
The programme will support King Site Services, Mainstay Marine Solutions, Marine Power Systems, Peterhead Energy Service Base, and PPI Engineering to accelerate manufacturing projects across the offshore wind sector.
These include supporting the production of secondary steel for floating wind; material lay-down and equipment storage for a multi-vessel build program; early development work for deepwater platform fabrication; a manufacturing and repair facility for turbine generators; and a cable handling center (CHC). These projects will expand UK manufacturing capacity, drive innovation in critical technologies, and strengthen the resilience and competitiveness of the domestic offshore wind supply chain.
