UK monarchy business interests see record profits, monarchy owns UK seabeds, is 'heavily involved in offshore wind farms,' which coincidentally benefit from 'UK's growing reliance on green energy'

6/26/13, "Queen's income set to rise for second year running," BBC

"Because it owns and manages the seabed around the UK out to the 12-mile limit, the Crown Estate is heavily involved in offshore wind farms, where it saw an extra 1GW of power come on 

stream, with around 300 new turbines erected offshore.

The Crown Estate also made £13.1m from cables and pipelines that cross its land.

As part of its overall property portfolio, it also owns the foreshore of almost half of the UK's coastline, although much of it is leased out to third parties.

It holds around 144,000 hectares (356,000 acres) of the country's agricultural land and forests, as well as residential and commercial property outside urban areas."

============================

6/26/13, "Queen scores record profit from booming London property," Reuters

"Crown Estate - owned by Queen Elizabeth - on Thursday said it made record profit in the year to March, thanks to the strong performance of its central London properties.

Crown Estate's 5.2 percent rise in profits to 252.6 million pounds gives the queen a 38 million pounds 2014/15 payout, pegged at 15 percent of the total by a 2012 law designed to link her income to the UK's economic health....

Owner of wind farms and most of Britain's sea bed along with
 its Regent Street properties, the company has outperformed the wider economy due to strong overseas interest in London property and the UK's growing reliance on green energy....

The Queen - whose payout rose 20 percent to 36 million this year - was previously paid by taxpayers through an allowance set by parliament and other government grants....

In May, it signed a 320 million pound deal with Oxford Properties, owned by one of Canada's largest pension funds, to redevelop London's upmarket St James's Market district."...






.