March 26 - Siemens has confirmed that it will be investing GBP160 million (USD264 million) in wind turbine production and installation facilities at Associated British Ports' (ABP) Port of Hull.

The investment will be spread across two sites, including the Green Port Hull site on Alexandra Dock at the Port of Hull, which will comprise of a construction, assembly and service facility and a new rotor blade manufacturing facility in nearby Paull.

ABP is investing GBP150 million (USD247.5 million) in the project, which will provide a huge boost to the UK's offshore wind industry and the Humber region, creating up to 1,000 jobs.

ABP's Port of Grimsby already benefits from the offshore wind industry across the Humber, with many energy companies such as Centrica, E.On and Siemens having established operations and maintenance base in the Fish Dock.

"The announcement by Siemens today underlines the critical role the Humber region plays in servicing the UK's energy needs both today and in the future. Our investment in Green Port Hull will ensure the supply chain supporting this exciting new industry can be centred on the Humber," said James Cooper, ABP's chief executive.

Siemens and ABP will be submitting planning applications to Hull City Council and East Riding Council over the next few months for revisions to the existing proposed scheme at Alexandra Dock and for land in Paull for the wind turbine blade factory.

Green Port Hull is expected to be operational to meet Round 3 requirements in early 2016. The start of production at the blade factory is scheduled to be in the middle of 2016 with full production levels reached from mid-2017 onwards.