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Birmingham Post
Birmingham Post
Business
David Laister

ABP outlines £2b investment as it eyes Net Zero by 2040 in new sustainability strategy

Port giant ABP has launched a £2 billion plan to clean up its operations by 2040 while helping the UK energy transition with major infrastructure projects.

Ready for Tomorrow is a wide-ranging sustainability strategy, and includes a commitment to decarbonise huge quayside handling operations with a £600 million pot to cover vessels, cranes and equipment, with a further £1.4 billion to support customers.

Much of the development is centred around the Humber, with five of six highlighted green energy infrastructure projects underlining the capability and opportunity in the estuary. Green Port Hull, Immingham Renewable Fuels Terminal, Grimsby offshore wind operations and maintenance hub, Immingham Green Energy Terminal and Viking carbon capture and storage are all set out, all key pillars in the transition to Net Zero.

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