Peel Ports Group, the UK's second largest port operator, announced on Thursday, 30 October 2025, a new £10 million investment into its Great Yarmouth location, now set to be rebranded as the Port of East Anglia.
The latest financial commitment raises the site's total investment for the year to £70 million. The funds are designated for the redevelopment of the port’s Northern Terminal, which aims to support the next wave of offshore wind projects throughout the region.
Supporting major offshore wind projects
The shift underscores Peel Ports Group's ambitious growth trajectory and marks a significant phase in the port's development. Great Yarmouth's historic contribution to offshore wind projects underpins this renewed investment, which is set to enhance the port's capabilities further.
Previously, the Group allocated £60 million towards its Southern Terminal, advancing its capacity to cater to a mix of hydrogen, carbon capture, offshore wind, and nuclear energy projects.
Non-tidally restricted facilities
Great Yarmouth is home to one of the deepest non-tidally restricted facilities on the UK's east coast
Great Yarmouth is home to one of the deepest non-tidally restricted facilities on the UK's east coast. The existing terminals support a range of construction clients, including substantial ventures such as Sizewell C and several southern North Sea offshore energy projects.
The renaming of the port coincides with the announcement of a new combined authority for Suffolk and Norfolk, which will be operational by early 2026.
Additional investment
David Huck, Chief Operating Officer at Peel Ports Group, commented on the development: “It’s fantastic to finally launch The Port of East Anglia and commit additional investment to enhance its operations. We see this change as a reflection of our confidence in the wider region, as well as our long-term commitment to supporting the area’s growth.”
Huck emphasised the port's ongoing role in the UK's energy transition, noting: “Great Yarmouth has - and continues to - play a crucial role in the UK’s energy transition and we’ve committed so much investment into the site to ensure we can deliver what is needed. We want to improve capabilities to ensure the town remains at the forefront of the energy sector for generations to come.”
Official announcement
The official renaming to the Port of East Anglia will be celebrated at an event on 30 October, hosted at Norwich City Football Club with backing from the East of England Energy Group (EEEGR).
The event is set to attract over 100 delegates from various businesses in the region, highlighting the port's key role in advancing the East Coast's energy transition.
Peel Ports Group, the UK’s second largest port operator, has announced a fresh £10m investment into its Great Yarmouth site, which is being repositioned as the Port of East Anglia.
The newly announced £10m brings this year’s total investment to £70m across the site and will be used to redevelop the port’s Northern Terminal, helping to accommodate the next generation of major offshore wind projects across the region. The change reflects the Group’s growth ambitions and signals the next phase of development for the port, which is a huge enabler of the UK’s energy transition.
Supporting major offshore wind projects
Recognising Great Yarmouth’s long-standing role in supporting major offshore wind projects, the announcement follows Peel Ports Group’s commitment to invest millions into its operations to increase capabilities at the site.
Earlier this year, a substantial investment into its Southern Terminal was announced by the Group, which has earmarked £60m to transform capacity and improve efficiencies. This involves ensuring the port can support multiple hydrogen, carbon capture, offshore wind and nuclear energy projects for decades to come.
Non-tidally restricted facilities
The site is home to one of the deepest non-tidally restricted facilities on the UK’s east coast. Its existing terminals service a variety of construction customers, including major infrastructure projects such as Sizewell C and offshore energy projects based in the southern North Sea.
The new name also aligns with the creation of a new combined authority for Suffolk and Norfolk, which was announced earlier this month. It will come into effect in early 2026.
Additional investment
David Huck, Chief Operating Officer at Peel Ports Group, said: “It’s fantastic to finally launch The Port of East Anglia and commit additional investment to enhance its operations. We see this change as a reflection of our confidence in the wider region, as well as our long-term commitment to supporting the area’s growth.”
He adds, “Great Yarmouth has - and continues to - play a crucial role in the UK’s energy transition and we’ve committed so much investment into the site to ensure we can deliver what is needed. We want to improve capabilities to ensure the town remains at the forefront of the energy sector for generations to come.”
Official announcement
The Port of East Anglia will be officially announced at an event on 30 October at Norwich City Football Club, supported by the East of England Energy Group (EEEGR).
The event is scheduled to welcome more than 100 delegates from businesses across the region to hear how the Port will play a pivotal role in supporting the East Coast's energy transition.
