Research Briefing
Crown Estate Bill [HL]: HL Bill 5 of 2024–25
The Crown Estate Bill [HL] is a government bill to widen the borrowing and investment powers of the Crown Estate. The government intends this will help speed up the development of offshore wind projects in seabed areas managed by the Crown Estate and deliver long-term financial returns to the taxpayer. It announced a partnership between the Crown Estate and Great British Energy on the same day it introduced the bill.