Queen ‘could be in line for windfall’ from turbine plans
THE Queen is set for a windfall from Boris Johnson’s offshore power plans, according to a royal finances expert.
The Sovereign Grant she receives is based on the profits of the Crown Estate.
Its report stated: “As manager of the seabed and half the foreshore around England, Wales and Northern Ireland, the energy, minerals and infrastructure portfolio includes offshore energy, marine aggregates and cables and pipelines. The portfolio’s value increased by eight per cent to £1.96 billion over 201920, largely as a result of the growth in offshore wind.”
David Mcclure, author of The Queen’s True Worth, said: “The more the turbines turn on the coastal wind farms, the more the Crown Estate becomes a money-spinner for the monarchy”.