FOCUS ON SOUTH HUMBER
FEATURE SPONSOR
ABLE (UK), WILLING HUB OF ACTIVITY
There is a frenzy of activity and anticipation occurring in our ‘Focus’ on a geographical area of interest, which illuminates The South Humber. Able UK is the feature sponsor for this issue and I caught up with the gentleman at the helm of this much anticipated development – The Able Marine Energy Park.
MULTI-USER FACILITY
It has been the vision for many years to create a hub for the renewable energy sector and this site ticks all the boxes. This will be the first of its kind anywhere in the world having the potential to facilitate the creation of over 4,000 jobs over the next 10 years and the potential for a further 10,000 in the local and national supporting supply chain.
AMEP offers over 900 acres of developable land and 1,279 metres of new heavy duty deep water quays making it the biggest single site available for port related developments in the UK. Specifically designed to provide a ‘one-stop-shop’ multi-user facility for the manufacture, storage, assembly and deployment for the next generation offshore wind turbines and associated supply chain.
VISIONARY
Sometimes certain people are destined for greatness, and develop character and a self belief from a vision at a young age, one such person who I believe is one of those is Peter Stephenson, Chairman of Able UK.
AHEAD OF HIS TIME
Beginning in 1966 at the tender age of 19, Peter’s entrepreneurial streak began when he purchased his first bulldozer. That turned out to be the springboard! At the time there was a market for plant hire which he developed and shortly after that, as opportunities arose, he found there was a demand for demolition.
Even at a young age he did not want to fall into the trap of having all his eggs in one basket and that he started to diversify to meet the varying specific needs of a growing number of clients.
The Group has progressed from complex demolition into land reclamation and development, as a port operator active in the the oil and gas sector engaged in both the decommissioning of rigs – in which it is the market leader – as well as in the upgrading and maintenance of active jack-up and semi-sub rigs and the list goes on…
tWice Bitten thirD Shy! "Diversifying into different businesses is the key" Peter commented, having come through two financial economic crashes in his career life, he wanted to be prepared when the third one appeared.
After the second, this was the catalyst for him to invest in property/land development. Peter acquired disused gas power stations and dealt with associated specialist skills i.e. hazardous waste, demolition and recycling and he has gone from strength to strength.
The operational risks are spread across a variety of sectors and the land uses range from farmland to residential, from office to industrial and from greenfield to brownfield. Similarly the largely ‘blue-chip’ tenant base is as diversified as the Group itself.
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www.windenergynetwork.co.uk
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