Associated British Ports (ABP) and px Group, the owner and operator of high-growth Saltend Chemicals Park, have announced plans for the Clean Growth Hub at the Port of Barry in South Wales.
The initiative intends to turn a major portion of the operational port into a low-carbon, high-growth infrastructure investment zone.
The site has over 100 acres of development land set aside for investee companies that specialise in rare earth processing, battery material manufacturers, green energy and net zero supply chain manufacturers, and the development of Carbon Capture and Utilization (CCU) business models.
ABP’s Port of Barry has considerable low-carbon infrastructure in situ and under construction. The port now operates a 5 megawatt (MW) solar array, with more opportunities to expand solar and wind power.
ABP has also partnered with Hynamics, an EDF Group company, to develop low-carbon hydrogen production and distribution in the Port of Barry, aiming to reduce CO2 emissions from local companies.
Henrik L. Pedersen, CEO of Associated British Ports, said: “Ports are at the heart of the UK’s green energy transition. This development ensures that Barry will play a greater role as we look to deliver a lower-carbon future.
“Our vision is for ABP’s ports to be the green hubs which bring together progressive companies that can benefit from collective infrastructure and expertise. Building on the proven relationship we’ve developed at Saltend, we are excited to partner with px again to identify suitable projects that will further support the energy transition. and deliver clean growth.”
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Geoff Holmes, CEO of px Group, stated: “We have a shared, transformational vision for ABP’s Port of Barry that has world-class, low-carbon companies at its heart, built on spacious brownfield land that can be developed immediately.
“We have a results-driven relationship with ABP, enabling billions of pounds of investment opportunity at Saltend. We’re looking forward to working closely with them again as we transform the Port of Barry.”
