Celtic Freeport

What Celtic Freeport does

Celtic Freeport is a statutory UK Freeport designation operating across two tax sites at the deep-water ports of Milford Haven and Port Talbot in South West Wales, governed by Celtic Freeport Company Limited as a public-private partnership between public sector bodies (Associated British Ports, Neath Port Talbot Council, Pembrokeshire County Council, Port of Milford Haven) and private sector partners (RWE, Dragon LNG, LanzaTech, Ocean Winds, Equinor, MorGen Energy, Ledwood, Camplas, Impala, Dragon Renewable Energy). The freeport covers over 500 hectares of development land and targets green energy developers, advanced manufacturers, and industrial firms seeking to anchor in floating offshore wind (FLOW), green hydrogen, battery storage, sustainable aviation fuel (SAF), carbon capture, utilisation and storage (CCUS), and cleaner steel.

The freeport does not produce proprietary technology but acts as an enabling economic platform, offering tax site incentives (Stamp Duty relief, Business Rates relief, Employer NICs relief, customs duty benefits) and facilitating major partner-led infrastructure projects. Anchor projects include LanzaTech's Project Dragon (100 million litres/year SAF at Port Talbot), RWE's £200m Pembroke Battery Storage (350 MW / 700 MWh), the West Wales Hydrogen facility (14.2 MW / ~2,000 tonnes p.a.) developed by MorGen Energy, the Criterion Quay FLOW base at Pembroke Dock, and assembly support for Equinor/Gwynt Glas and Ocean Winds Celtic Sea FLOW farms. The freeport is also pursuing a supply chain accelerator programme supported by The Crown Estate (£400m supply chain commitment) to localise FLOW component manufacturing.

Celtic Freeport's business model is indirect: as a statutory public-private partnership, it does not sell products or services to end customers. Revenue, in the form of catalytic public funding, is drawn from UK and Welsh Government grants (cumulatively ~£25.6m confirmed), while economic value is measured by third-party inward investment attracted into the tax sites (projected at over £8bn over 25 years) and green jobs created (projected 11,500). The freeport uses a public-private partnership enterprise GTM motion with direct engagement of major industrial tenants, supported by marketing channels including a corporate website, LinkedIn newsletter, events (Future Energy Wales, Wales Investment Summit), a podcast series, and active government relations. Pricing is not publicly disclosed because the offering is a regulated tax-site designation rather than a commercial product.

Name

Celtic Freeport

Legal name

Celtic Freeport Company Limited

Website

https://celticfreeport.wales

Company type

Private

Founded year

2022

Operating status

Operating

Short description

Celtic Freeport is a public-private partnership operating UK freeport tax sites at Milford Haven and Port Talbot, providing green energy developers and manufacturers with tax incentives, deep-water port access, and infrastructure for floating offshore wind, hydrogen, battery storage, and sustainable aviation fuel.

Ownership category

akta.pro rank

Product category

Freeport / Special Economic Zone

NAICS

Port and Harbor Operations (488310), Port and Harbor Operations (48831), Support Activities for Water Transportation (4883), Wind Electric Power Generation (221115)

SIC

Water Transportation (4400)

akta.pro primary industry

Maritime & Port Authorities (Public Ports, Harbors, Ferries Terminals) (BPAIALAF)

akta.pro secondary industries

Port Dues, Permitting & Regulatory Clearances (TLAHAFAD), Shore Power & Electrification Systems (Cold Ironing, Charging Interfaces) (IMAJAJAM)

Keywords

• Freeport tax incentives
• Green industrial development
• Floating offshore wind
• Port economic zones
• Hydrogen production infrastructure

Headquarters

HQ city

Port Talbot

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Tax site and customs incentives framework: As a statutory body and freeport designation, Celtic Freeport generates economic activity through tax incentives including Stamp Duty relief, Business Rates relief, Employer NICs relief, and Custom Duty benefits. The revenue model is indirect - the freeport facilitates investment and economic growth rather than directly selling products or services.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Celtic Freeport is a public-private partnership and statutory UK Freeport providing two designated tax sites at Milford Haven and Port Talbot in South West Wales. The Freeport offers tax and customs incentives (Stamp Duty relief, Business Rates relief, Employer NICs relief, Customs Duty benefits), over 500 hectares of development land, deep-water port access, and a coordinated enabling infrastructure to attract green industrial investment in floating offshore wind, hydrogen, sustainable aviation fuel, battery storage, and carbon capture and storage.

Product overview

Celtic Freeport is a public-private economic development partnership covering the ports of Milford Haven and Port Talbot in South West Wales. It is not a single software product but rather a coordinated initiative providing tax sites, infrastructure, and business incentives to attract green industry investment. The portfolio includes multiple distinct projects and programmes: the Milford Haven Tax Site (focused on hydrogen, battery storage, and floating offshore wind support) and Port Talbot Tax Site (focused on FLOW manufacturing and sustainable aviation fuel production). Key initiatives include West Wales Hydrogen (14.2 MW green hydrogen production), RWE Pembroke Battery Storage (350 MW), Project Dragon (SAF production by LanzaTech), Dragon Renewable Energy Park (wind/solar), Criterion Quay FLOW Base, and the broader FLOW development programme supporting Celtic Sea offshore wind. The Freeport also provides customs duty benefits and acts as an investment catalyst for decarbonisation across South Wales.

Differentiator

Problem solved

Functional benefit

Products and services

• Celtic Freeport Economic Development Programme
• Milford Haven Tax Site
• Port Talbot Tax Site
• Freeport Customs and Tax Incentives
• Celtic Freeport Supply Chain Accelerator Programme
• Floating Offshore Wind (FLOW) Development Programme

Quantifiable outcome

• Projected £8 billion+ inward investment over 25 years
• +6 more outcomes

Named customers10 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

20 partnerships are on record, tiered core and key.

• Associated British Ports (ABP)coreStrategic or Co-development PartnerABP is a key port operator partner managing Port Talbot and is the website host for Celtic Freeport. ABP is transforming Port Talbot into a FLOW deployment and supply chain hub, receiving £64m UK government investment for offshore wind centre development.
• Neath Port Talbot CouncilcoreStrategic or Co-development PartnerLocal government authority partner providing public sector backing and facilitating development at the Port Talbot tax site.
• Pembrokeshire County CouncilcoreStrategic or Co-development PartnerLocal government authority partner providing public sector backing and planning approval authority for Milford Haven and Pembroke Dock developments.
• Port of Milford HavencoreStrategic or Co-development PartnerMajor energy port operator and tax site partner, managing deep-water facilities at Milford Haven and Pembroke Dock for FLOW assembly operations and energy infrastructure.
• RWEcoreStrategic or Co-development PartnerMajor energy company developing £200m Pembroke Battery Storage (350 MW), Pembroke Green Hydrogen (110 MW), and Milford Haven CO2 Project as part of Pembroke Net Zero Centre.
• LanzaTechcoreStrategic or Co-development PartnerSustainable fuels company developing Project Dragon at Port Talbot to produce 100 million litres of sustainable aviation fuel annually, receiving UK government Advanced Fuels Fund support.
• Dragon LNGcoreStrategic or Co-development PartnerLNG terminal operator partner in Milford Haven CO2 Project and potential battery storage development. Also involved in Dragon Energy Park renewable energy project.
• Ocean WindscoreStrategic or Co-development PartnerJoint venture (50:50) between EDPR and ENGIE developing 1.5 GW floating offshore wind farms in Celtic Sea, having secured three FLOW sites from The Crown Estate.
• Ledwood Mechanical EngineeringkeyStrategic or Co-development PartnerEngineering partner developing FLOW assembly and operations capabilities at Pembroke Dock, receiving Supply Chain Accelerator funding from The Crown Estate.
• CamplaskeyStrategic or Co-development PartnerPartner at Port Talbot tax site developing advanced composite manufacturing facility for high-density glass-reinforced plastic storage tanks at Briton Ferry.
• ImpalakeyStrategic or Co-development PartnerTerminal operator at Milford Haven, with its Impala Terminal linked to the hydrogen pipeline connecting to South Hook LNG Terminal.
• MorGen Energy LtdcoreStrategic or Co-development PartnerDeveloper of West Wales Hydrogen 14.2 MW green hydrogen production facility at Milford Haven Tax Site, receiving planning consent and CFD Hydrogen allocation.
• Dragon Renewable EnergykeyStrategic or Co-development PartnerDeveloper of Dragon Energy Park adding three onshore wind turbines integrated with existing solar farm, providing student bursary opportunities for future energy talent.
• EquinorcoreStrategic or Co-development PartnerLead developer selected by The Crown Estate for floating offshore wind in Celtic Sea, partnered with Gwynt Glas for FLOW project development.
• Gwynt GlascoreStrategic or Co-development PartnerLead developer selected by The Crown Estate for floating offshore wind in Celtic Sea, partnered with Equinor for FLOW project development.
• The Crown EstatecoreStrategic or Co-development PartnerUK Government landowner providing £400m supply chain funding commitment and conducting Celtic Sea leasing rounds (Round 5) for floating offshore wind sites.
• UK GovernmentcoreStrategic or Co-development PartnerGovernment partner signing MoU unlocking £25m public investment, providing £3.3m industrial infrastructure funding, and backing freeport designation.
• Welsh GovernmentcoreStrategic or Co-development PartnerGovernment partner signing MoU, publishing Welsh Ports Prospectus, providing CCS Policy, and supporting multi-port strategy for FLOW delivery.
• ORE CatapultkeyTechnology or IntegrationOffshore Renewable Energy Catapult providing Celtic Sea testing facility, supported by £13m Supply Chain Accelerator funding from The Crown Estate.
• SPARCkeyStrategic or Co-development PartnerSkills and Partnership for A Regional Cluster programme providing green skills pathways, with Celtic Freeport CEO serving as Patron.

Scale indicators16 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Teesside Freeport: UK Freeport covering Teesport and Hartlepool, focused on offshore wind, hydrogen, CCUS and advanced manufacturing. Direct comparable as a multi-modal freeport targeting the same green-industrial tenants.
• Forth Green Freeport: Scottish Freeport at Forth covering Rosyth, Leith and Burntisland, focused on offshore wind assembly, hydrogen and sustainable fuels. Direct peer for FLOW marshalling and green industrial investment.
• Liverpool City Region Freeport: UK Freeport covering the Port of Liverpool and surrounding sites. Comparable as a multi-modal freeport pursuing offshore wind and advanced manufacturing investment.
• Humber Freeport: Another UK-designated Freeport covering ports on the Humber (Hull, Immingham, Goole). Direct peer as a statutory green-energy-focused Freeport competing for the same pool of hydrogen, offshore wind manufacturing and CCUS investment.
• Solent Freeport: UK Freeport covering Southampton, Portsmouth and Marchwood. Direct peer in the Freeport designation programme targeting green logistics, marine and advanced manufacturing investment.

Broad incumbents

• Associated British Ports (ABP): Celtic Freeport's primary private-sector port partner and website host, managing Port Talbot and 20+ other UK ports. Comparable as a major UK port operator driving FLOW infrastructure conversion.
• Peel Ports Group: UK port operator with significant Liverpool/Merseyside presence and Liverpool Freeport involvement. Comparable as a broad incumbent port group operating within UK freeport frameworks.
• Port of Rotterdam Authority: Major European port authority pursuing hydrogen, offshore wind and CCUS hub strategies. Comparable as an established port authority deploying tax/regulatory levers to attract green industrial investment.
• Port of Milford Haven: Core Celtic Freeport partner and statutory harbour authority covering the Milford Haven waterway. Comparable as an established deep-water port operator providing the energy infrastructure backbone.

Emerging players

• ORE Catapult: UK's leading offshore renewable energy technology innovation centre, operating the Celtic Sea testing facility inside the Celtic Freeport footprint. Comparable as a key enabler of FLOW technology and supply chain development.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/CelticFreeport
• YouTubeyoutube.com/@CelticFreeport
• LinkedInlinkedin.com/company/celtic-freeport

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Celtic Freeport