SIR Keir Starmer will tap into royal assets to unleash £60billion in green energy investment in Britain — and hand a bumper payday to King Charles.And after a record £1.1billion profit last year — thanks in large part to offshore wind projects — the Crown Estate and the monarchy look certain to cash in.
Sir Keir, who has also lifted the ban on onshore wind farms, hailed the partnership as the first step towards his promise of clean energy by 2030 — and lowerGreat British Energy, backed by £8.3billion in government funding, will help develop the projects before passing them to private companies while keeping a stake in them.
Sir Keir said: “This agreement will drive up to £60billion in investment into the sector, turbocharging our country toward energy security, theChief executive of the Crown Estate Dan Labbad said: “With new powers and by partnering with government, we can drive greater investment into thisThe Crown Estate, which has a £16billion portfolio of land and seabed, returns its profits to the Government, apart from a small portion which goes to the monarchy.