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Tidal News

EIB to provides €10 million loan for MeyGen Phase 1B

EIB to provides €10 million loan for MeyGen Phase 1B

🕔Mar 15, 2017

The European Investment Bank (EIB) is considering to grant Atlantis Resources Ltd a €10 million (US$10.64 million) loan for the 6 MW MeyGen Phase 1B tidal stream project in Scotland.

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Atlantis announces investment decision for Project Stroma – MeyGen Phase 1B

Atlantis announces investment decision for Project Stroma – MeyGen Phase 1B

🕔Dec 23, 2016

Atlantis has announced that Stroma Tidal Power Limited, the company’s wholly owned project company behind the next phase of the development at the MeyGen site, has confirmed its investment decision to proceed with the development, which is known as Project Stroma (MeyGen Phase 1B).

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Developers invited for tidal energy project

Developers invited for tidal energy project

🕔Aug 25, 2016

Orkney Islands Council (United Kingdom) has launched a tender process to select developers for tidal energy generation scheme at Churchill Barriers No. 1 and/or No.2.

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DEME Concessions completes investment in TPSL

DEME Concessions completes investment in TPSL

🕔Aug 10, 2016

Atlantis has announced that DEME Concessions NV, a member of the DEME Group, has now completed its purchase of shares in Tidal Power Scotland Limited (TPSL).

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Atlantis acquires tidal projects from ScottishPower

Atlantis acquires tidal projects from ScottishPower

🕔May 19, 2016

Atlantist has completed the acquisition of Scottish tidal project assets from ScottishPower Renewables (UK) Limited (SPR) in exchange for a stake in Tidal Power Scotland Limited (TPSL).

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Atlantis Resources announces £6.5 million shares placement

Atlantis Resources announces £6.5 million shares placement

🕔Apr 25, 2016

Atlantis Resources Limited, a developer in the tidal power sector, has raised approximately £6.5 million before expenses through the conditional placing of 11,888,460 new ordinary shares at a placing price of 55 pence per share.

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Atlantic Resources signs MOU for Indonesian tidal power project

Atlantic Resources signs MOU for Indonesian tidal power project

🕔Apr 22, 2016

Atlantis has announced that it has entered into a Memorandum of Understanding (MOU) with SBS, a privately owned international marine, subsea and renewable energy developer which has been studying the potential of ocean energy resources for tidal-stream devices around the Indonesian archipelago.

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DEME Concessions invests in tidal developer Atlantis

DEME Concessions invests in tidal developer Atlantis

🕔Apr 22, 2016

Atlantis, has agreed to sell a minority stake in Atlantis’s Scottish tidal development company, Tidal Power Scotland Limited (TPSL) to DEME for cash consideration, subject to satisfaction of certain conditions precedent (including procurement of third party consents and agreement with DEME of commercial arrangements in relation to offshore construction works).

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Equitix invests in tidal power company Atlantis

Equitix invests in tidal power company Atlantis

🕔Apr 4, 2016

Atlantis Resources Limited, a global developer in the tidal power sector, has recently announced that it has entered into a partnership agreement with Equitix, a market leading developer, investor and fund manager of infrastructure assets with over £1.7 billion (US$2.4 billion) of funds under management.

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Gupta family makes strategic investment in UK and Indian tidal lagoon programme

Gupta family makes strategic investment in UK and Indian tidal lagoon programme

🕔Feb 4, 2016

The Gupta family which have been investing heavily in UK energy and industrial assets over recent months, have committed to an eight-figure investment over time in the development of tidal lagoon power plant in the UK and India.

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Atlantis announces the appointment of Cameron Smith as Director of Project Development

Atlantis announces the appointment of Cameron Smith as Director of Project Development

🕔Jan 18, 2016

Atlantis, a company focused on the tidal power sector, has announced the appointment of Cameron Smith, as Director of Project Development.

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Atlantis announces proposed acquisition of Tidal Projects from ScottishPower Renewables

Atlantis announces proposed acquisition of Tidal Projects from ScottishPower Renewables

🕔Jan 8, 2016

Atlantis has agreed to acquire two projects from ScottishPower Renewables for its Scottish tidal development company, Tidal Power Scotland.

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Atlantis hires Macquarie to find investors for Scottish tidal projects

Atlantis hires Macquarie to find investors for Scottish tidal projects

🕔Nov 23, 2015

Atlantis, the tidal power sector developer, has announced that it has engaged Macquarie Capital to help develop its tidal power ambitions by reviewing options for attracting strategic, long term investors in its Scottish tidal power portfolio.

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Aquamarine Power appoints administrators

Aquamarine Power appoints administrators

🕔Oct 30, 2015

Aquamarine Power, a wave energy company, has appointed administrators to manage the business and to seek a sale or investment via the administration process.

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€17 million EC funding for MeyGen Phase 1B

€17 million EC funding for MeyGen Phase 1B

🕔Oct 21, 2015

Atlantis, a global leader in the tidal power sector, has announced that the European Commission’s Climate Change Committee has approved the transfer of €17 million of funding from the Kyle Rhea project to Atlantis’s MeyGen project, the world’s largest planned tidal stream energy project. 

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FC for Swansea tidal lagoon delayed to 2016

FC for Swansea tidal lagoon delayed to 2016

🕔Oct 8, 2015

Tidal Lagoon Power, the company in charge of building and operating the Swansea Bay Tidal Lagoon, has announced that work on the project has been delayed to spring 2017 because the government is taking “longer than expected” to finalise a contract for difference (CfD).

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Tocardo, Mosscliff form joint tidal venture and raise $200 million

Tocardo, Mosscliff form joint tidal venture and raise $200 million

🕔Jul 28, 2015

UK-based Mosscliff Environmental and Dutch tidal energy developer Tocardo have teamed up and raised US$200 million for their joint tidal venture, MT Tidal.

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Tidal Lagoon Swansea Bay launches tender process for three O&M packages

Tidal Lagoon Swansea Bay launches tender process for three O&M packages

🕔Jul 7, 2015

Tidal Lagoon Swansea Bay Plc have launched a tendere process for three main operations and maintenance (O&M) contract packages to support the £1 billion (US$1.4 billion) 320 MW tidal lagoon project in Swansea Bay, Wales.

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UK government green-lights planning for Swansea Bay tidal lagoon project

UK government green-lights planning for Swansea Bay tidal lagoon project

🕔Jun 10, 2015

The UK government has given planning consent for construction of the 320 MW tidal lagoon project in Swansea Bay, Wales.

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CHEC to provide marine works for tidal lagoon power station project

CHEC to provide marine works for tidal lagoon power station project

🕔Jun 4, 2015

China Harbour Engineering Company Ltd (CHEC) has been selected as the preferred bidder to provide marine works for the £1 billion Swansea Bay Tidal Lagoon project in UK.

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