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The Guardian - UK
The Guardian - UK
Business
Lauren Almeida

Greenpeace threatens to sue crown estate for driving up cost of offshore wind

A windfarm off the Cumbrian coast
A windfarm off the Cumbrian coast. The crown estate commands hefty option fees from developers to secure areas of the seabed to build windfarms. Photograph: Rob Arnold/Alamy

Greenpeace is threatening to sue King Charles’s property management company, accusing it of exploiting its monopoly ownership of the seabed.

The environmental lobby group alleges the crown estate has driven up costs for wind power developers and boosted its own profits, as well as the royal household’s income, due to the “aggressive” way it auctions seabed rights.

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