{"organism":"Page","children":[{"organism":"Container.Raw","children":[{"organism":"Metadata","model":{"title":"ScottishPower and Shell confirm multi-million offshore wind supply chain funds","text":"\u003Cul\u003E\r\n\u003Cli\u003EScottishPower and Shell to provide £50 million in supply chain stimulus funds for their two floating ScotWind projects – MarramWind and CampionWind\u003C/li\u003E\r\n\u003Cli\u003EFurther £25 million funding from ScottishPower to support its fixed ScotWind project - MachairWind\u003C/li\u003E\r\n\u003Cli\u003EFunding will support investment in Scottish infrastructure and facilities for offshore wind and help companies innovate and upskill and become a key part of the clean energy future\u003C/li\u003E\r\n\u003C/ul\u003E\r\n","links":[{"name":"ScottishPower and Shell confirm multi-million offshore wind supply chain funds","value":"https://www.shell.co.uk/about-us/news-and-publications/media-releases/2022-media-releases/scottishpower-and-shell-confirm-multi-million-offshore-wind-supply-chain-funds.html"}],"date":"2022-03-09T10:49:00Z"},"id":"/content/shell/countries/united-kingdom/en_gb/about-us/news-and-publications/media-releases/2022-media-releases/scottishpower-and-shell-confirm-multi-million-offshore-wind-supply-chain-funds/jcr_content/root/metadata"},{"organism":"ContentOwner","model":{},"id":"/content/shell/countries/united-kingdom/en_gb/about-us/news-and-publications/media-releases/2022-media-releases/scottishpower-and-shell-confirm-multi-million-offshore-wind-supply-chain-funds/jcr_content/root/contentowner"},{"organism":"Container.Header","children":[{"organism":"Container.Raw","ref":"https://www.shell.co.uk/about-us/_jcr_content/root/header/inherited.model.json","id":"/content/shell/countries/united-kingdom/en_gb/about-us/news-and-publications/media-releases/2022-media-releases/scottishpower-and-shell-confirm-multi-million-offshore-wind-supply-chain-funds/jcr_content/root/header/inherited","model":{}},{"organism":"Breadcrumb","model":{"links":[{"name":"Home","value":"https://www.shell.co.uk/"},{"name":"About us","value":"https://www.shell.co.uk/about-us.html"},{"name":"News and publications","value":"https://www.shell.co.uk/about-us/news-and-publications.html"},{"name":"Media releases","value":"https://www.shell.co.uk/about-us/news-and-publications/media-releases.html"},{"name":"2022 media releases","value":"https://www.shell.co.uk/about-us/news-and-publications/media-releases/2022-media-releases.html"},{"name":"ScottishPower and Shell confirm multi-million offshore wind supply chain funds","value":"https://www.shell.co.uk/about-us/news-and-publications/media-releases/2022-media-releases/scottishpower-and-shell-confirm-multi-million-offshore-wind-supply-chain-funds.html"}]},"id":"/content/shell/countries/united-kingdom/en_gb/about-us/news-and-publications/media-releases/2022-media-releases/scottishpower-and-shell-confirm-multi-million-offshore-wind-supply-chain-funds/jcr_content/root/header/breadcrumb"}],"id":"/content/shell/countries/united-kingdom/en_gb/about-us/news-and-publications/media-releases/2022-media-releases/scottishpower-and-shell-confirm-multi-million-offshore-wind-supply-chain-funds/jcr_content/root/header","model":{}},{"organism":"Container.Main","children":[{"organism":"Container.Section","children":[{"organism":"PageHeader.Date","color":"brand1","model":{"title":"ScottishPower and Shell confirm multi-million offshore wind supply chain funds","text":"\u003Cul\u003E\r\n\u003Cli\u003EScottishPower and Shell to provide £50 million in supply chain stimulus funds for their two floating ScotWind projects – MarramWind and CampionWind\u003Cbr\u003E\r\n\u003C/li\u003E\r\n\u003Cli\u003EFurther £25 million funding from ScottishPower to support its fixed ScotWind project - MachairWind\u003C/li\u003E\r\n\u003Cli\u003EFunding will support investment in Scottish infrastructure and facilities for offshore wind and help companies innovate and upskill and become a key part of the clean energy future\u003C/li\u003E\r\n\u003C/ul\u003E\r\n","date":"2022-03-09T10:49:00Z"},"id":"/content/shell/countries/united-kingdom/en_gb/about-us/news-and-publications/media-releases/2022-media-releases/scottishpower-and-shell-confirm-multi-million-offshore-wind-supply-chain-funds/jcr_content/root/main/section/item"},{"organism":"PromoSimple.Text","color":"inherited","id":"/content/shell/countries/united-kingdom/en_gb/about-us/news-and-publications/media-releases/2022-media-releases/scottishpower-and-shell-confirm-multi-million-offshore-wind-supply-chain-funds/jcr_content/root/main/section/text","model":{"text":"\u003Cp\u003ESuccessful ScotWind partners, ScottishPower and Shell, are set to invest a total of £75 million to help the supply chain and businesses support the growth of the offshore wind industry in Scotland.\u003C/p\u003E\r\n\u003Cp\u003EScottishPower and Shell were awarded the seabed rights to develop two new floating wind projects through Crown Estate Scotland’s ScotWind Leasing at the start of the year:\u003C/p\u003E\r\n\u003Cul\u003E\r\n\u003Cli\u003EMarramWind joint venture off the north-east coast of Scotland (3GW)\u003C/li\u003E\r\n\u003Cli\u003ECampionWind joint venture off the east coast of Scotland (2GW)\u003C/li\u003E\r\n\u003C/ul\u003E\r\n\u003Cp\u003EIn addition, ScottishPower was awarded the seabed rights for a fixed foundation project off the coast of Islay – MachairWind (2GW).\u003C/p\u003E\r\n\u003Cp\u003ECollectively, the projects have the potential to create enough clean energy to power almost 8.5 million homes – more than three times the number of homes in Scotland.\u003C/p\u003E\r\n\u003Cp\u003EEach of the floating projects will benefit from a £25 million supply chain stimulus fund from ScottishPower and Shell, with a £25 million fund linked to MachairWind provided by ScottishPower alone.\u003C/p\u003E\r\n\u003Cp\u003EThe funds – announced today at Scottish Renewables’ Offshore Wind Conference in Glasgow – are designed to help create new offshore wind capability in Scotland that would not otherwise be possible.\u003C/p\u003E\r\n\u003Cp\u003EMandy Gloyer, New UK Offshore Sites Manager for ScottishPower Renewables, said: “These funds will open up huge opportunities for the supply chain in Scotland as we gear up to lead the development of commercial-scale floating wind and kick start a new global green offshore industry.\u003C/p\u003E\r\n\u003Cp\u003E“We look forward to working with government, partners, industry and the supply chain to shape the funds and maximise their impact on the Scottish economy, with jobs and investment for local people and businesses across the country. This is a really exciting time and a great chance for companies to get involved in delivering a clean energy future.”\u003C/p\u003E\r\n\u003Cp\u003EMelissa Read, UK Offshore Wind Business Manager, Shell said: “These funds are in addition to direct project investment in supply chain facilities and will directly support the Scottish supply chain. This includes businesses keen to make the transition to the renewables sector through investment in infrastructure, facilities that will manufacture and service offshore wind projects and support for companies to innovate and upskill.”\u003C/p\u003E\r\n\u003Cp\u003EApplications to the funds will open up later in the year. Online supply chain registration portals for all three projects are now live, giving organisations the chance to get involved in working with ScottishPower and Shell to shape the next chapter for the offshore wind industry.\u003C/p\u003E\r\n\u003Cp\u003EFurther information on the projects – including a registration area for potential supply chain partners – is available at:\u003C/p\u003E\r\n\u003Cul\u003E\r\n\u003Cli\u003E\u003Cb\u003E\u003Ca href=\"https://marramwind.co.uk/\" target=\"_blank\"\u003Ewww.marramwind.co.uk\u003C/a\u003E\u003C/b\u003E\u003C/li\u003E\r\n\u003Cli\u003E\u003Cb\u003E\u003Ca href=\"https://campionwind.co.uk/\" target=\"_blank\"\u003Ewww.campionwind.co.uk\u003C/a\u003E\u003C/b\u003E\u003C/li\u003E\r\n\u003Cli\u003E\u003Cb\u003E\u003Ca href=\"https://www.scottishpowerrenewables.com/pages/machairwind.aspx\" target=\"_blank\"\u003Ewww.machairwind.co.uk\u003C/a\u003E\u003C/b\u003E\u003C/li\u003E\r\n\u003C/ul\u003E\r\n"}},{"organism":"PromoSimple.Text","color":"inherited","id":"/content/shell/countries/united-kingdom/en_gb/about-us/news-and-publications/media-releases/2022-media-releases/scottishpower-and-shell-confirm-multi-million-offshore-wind-supply-chain-funds/jcr_content/root/main/section/text_copy","model":{"title":"Cautionary Note","text":"\u003Cp\u003EThe companies in which Shell plc directly and indirectly owns investments are separate legal entities. In this release “Shell”, “Shell Group” and “Group” are sometimes used for convenience where references are made to Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to Shell plc and its subsidiaries in general or to those who work for them. These terms are also used where no useful purpose is served by identifying the particular entity or entities. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this release refer to entities over which Shell plc either directly or indirectly has control. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as “joint ventures” and “joint operations”, respectively. Entities over which Shell has significant influence but neither control nor joint control are referred to as “associates”. The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest.\u003C/p\u003E\r\n\u003Cp\u003EThis release contains forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. 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No assurance is provided that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this release are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Shell plc’s Form 20-F for the year ended December 31, 2020 (available at&nbsp;\u003Cb\u003E\u003Ca href=\"https://www.shell.com/investors.html\"\u003Ewww.shell.com/investor\u003C/a\u003E\u003C/b\u003E&nbsp;and&nbsp;\u003Cb\u003E\u003Ca href=\"https://www.sec.gov/\" target=\"_blank\"\u003Ewww.sec.gov\u003C/a\u003E\u003C/b\u003E). These risk factors also expressly qualify all forward-looking statements contained in this release and should be considered by the reader. Each forward-looking statement speaks only as of the date of this release, 25 March 2022. Neither Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this release.\u003C/p\u003E\r\n\u003Cp\u003EThe contents of websites referred to in this release do not form part of this release.\u003C/p\u003E\r\n\u003Cp\u003EWe may have used certain terms, such as resources, in this release that the United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website&nbsp;\u003Cb\u003E\u003Ca href=\"https://www.sec.gov/\" target=\"_blank\"\u003Ewww.sec.gov\u003C/a\u003E\u003C/b\u003E.\u003C/p\u003E\r\n\u003Cp\u003EShell’s operating plan, outlook and budgets are forecasted for a ten-year period and are updated every year. They reflect the current economic environment and what we can reasonably expect to see over the next ten years. Accordingly, Shell’s operating plans, outlooks, budgets and pricing assumptions do not reflect our net-zero emissions target. In the future, as society moves towards net-zero emissions, we expect Shell’s operating plans, outlooks, budgets and pricing assumptions to reflect this movement.\u003C/p\u003E\r\n"}}],"id":"/content/shell/countries/united-kingdom/en_gb/about-us/news-and-publications/media-releases/2022-media-releases/scottishpower-and-shell-confirm-multi-million-offshore-wind-supply-chain-funds/jcr_content/root/main/section","model":{}},{"organism":"Container.Section","color":"brand2-subtle","children":[{"organism":"PromoCard","color":"brand1","colspan":6,"id":"/content/shell/countries/united-kingdom/en_gb/about-us/news-and-publications/media-releases/2022-media-releases/scottishpower-and-shell-confirm-multi-million-offshore-wind-supply-chain-funds/jcr_content/root/main/section_1526205976/promo","model":{"title":"EV Recharge","text":"\u003Cp\u003EShell Recharge is our rapid, renewable and reliable electric vehicle charging network.\u003C/p\u003E\r\n\u003Cp\u003E-\u003C/p\u003E\r\n","links":[{"value":"#"}],"image":{"src":"https://www.shell.co.uk/about-us/news-and-publications/media-releases/2022-media-releases/scottishpower-and-shell-confirm-multi-million-offshore-wind-supply-chain-funds/_jcr_content/root/main/section_1526205976/promo.shellimg.jpeg/1689850658820/ev-recharge-shell.jpeg","alt":"shell ev charging","width":1268,"height":714}}},{"organism":"PromoCard","color":"brand1","colspan":6,"id":"/content/shell/countries/united-kingdom/en_gb/about-us/news-and-publications/media-releases/2022-media-releases/scottishpower-and-shell-confirm-multi-million-offshore-wind-supply-chain-funds/jcr_content/root/main/section_1526205976/promo_copy","model":{"title":"Electric Vehicle Charging","text":"\u003Cp\u003EAs one of the world’s largest energy suppliers, Shell has played a part in the essential journeys people make every day for well over a century. 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