Peel Ports invests £10 million to launch Port of East Anglia

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Peel Ports invests £10 million to launch Port of East Anglia
Peel Ports Group has announced a further £10 million ($13 million) investment in its Great Yarmouth site, which will be rebranded as the Port of East Anglia.

The investment, part of £70 million ($93 million) committed to the site this year, will fund the redevelopment of the port’s Northern Terminal to support the next generation of offshore wind projects across the region.

Earlier this year, the Group announced a £60 million ($79 million) investment in the Southern Terminal to increase capacity and efficiency, positioning the port to support multiple clean energy projects, including hydrogen, carbon capture, offshore wind, and nuclear developments.

With one of the deepest non-tidally restricted facilities on the UK’s east coast, the port already serves major construction and energy projects such as Sizewell C and operations in the southern North Sea.

READ: Peel Ports invests £100 million in steel logistics growth

The rebranding aligns with the creation of a new combined authority for Suffolk and Norfolk, set to take effect in early 2026.

David Huck, Chief Operating Officer at Peel Ports Group, said: “It’s fantastic to launch the Port of East Anglia and commit further investment to strengthen its operations. This reflects our confidence in the region and our commitment to ensuring Great Yarmouth remains at the forefront of the UK’s energy sector for generations to come.”

The Port of East Anglia will be officially launched on 30 October at Norwich City Football Club, in partnership with the East of England Energy Group (EEEGR).

The event will bring together over 100 regional business leaders to discuss the port’s pivotal role in supporting the East Coast’s energy transition.

Last month, Peel Ports Group appointed Gavin Laybourne as its Chief Technology and Information Officer (CTIO), the first person to hold the role at the UK’s second-largest port operator.

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