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Written question asked by David Chadwick (Liberal Democrat) on Monday, 20 October 2025, in the House of Commons. It was due for an answer on Wednesday, 22 October 2025. It was answered by James Murray (Labour) on Tuesday, 28 October 2025 on behalf of the Treasury.

Crown Estate: Wind Power

Question

To ask the Chancellor of the Exchequer, what proportion of revenues from the Crown Estate’s Celtic Sea Floating Offshore Wind Leasing Round 5 will be allocated to investment in port and supply-chain infrastructure in Wales.

Answer

The Crown Estate pays its entire net profits into the Consolidated Fund each year, contributing to the funding of public services across the UK, including in Wales.

The Crown Estate is taking steps to ensure that Wales benefits from offshore wind development. It has launched a £50 million Supply Chain Accelerator, with four Welsh-based projects successful in the first funding round, to support early-stage supply-chain proposals. Alongside the Supply Chain Investment Programme, this aims to unlock capacity constraints, accelerate project delivery and create local economic opportunities, including jobs and skills development in Wales.

The Crown Estate’s Round 5 Agreements for Lease also include contractually enforceable social value and economic commitments. These obligations are designed to translate leasing agreements into tangible outcomes for communities .

Secondary information

Type
Written question
Reference
83518
Session
2024-26
Grouped for answer
Yes
Subjects
Capital investment Crown Estate Infrastructure Ports Wind power Celtic Sea
Contains statistics
Yes
Link
View this Written question on www.parliament.uk