Announcements

Atlantis, a global leader in the tidal power sector, is pleased to announce that it has entered into a Memorandum of Understanding (the “Agreement”) 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 since 2013.…

Atlantis Resources Limited (AIM: ARL, “Atlantis”, or the “Company”), a recognised global leader in the tidal power sector, has raised approximately £6.5 million before expenses through the conditional placing (“Placing”) of 11,888,460 new ordinary shares (the “Placing Shares”) at a placing price of 55 pence per share. Highlights Placing of approximately £6.5 million before expenses…

Atlantis, a global leader in the tidal power sector, is pleased to announce that it 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…

Atlantis, a global leader in the tidal power sector, is pleased to announce 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 of funds under management. Under this agreement, Atlantis and Equitix will work together to advance Atlantis’s portfolio…

Atlantis has returned two ‘Agreements for Lease’ (AFLs) to The Crown Estate, following a strategic internal review of the company’s portfolio of tidal energy projects. The AFLs were for two areas of the seabed; the Anglesey Skerries site in Wales and the Kyle Rhea site in Scotland.  The decision to hand back the AFLs followed…

Atlantis, a global leader in the tidal power sector, is pleased to announce the appointment of Cameron Smith, as Director of Project Development. Cameron has joined Atlantis’ new Executive Management Group based at its corporate headquarters in Scotland and will report directly to the Chief Executive Officer. He will have responsibility for the development of…

The new deal will see 640MW of installed tidal power capacity by 2022 in Scotland alone Atlantis will deliver continuous, clean, and predictable supplies of tidal energy, at scale, to power homes and business throughout the UK. 17 December 2015: Atlantis and ScottishPower Renewables (UK) Limited (“SPR”) are teaming up to develop a joint portfolio…

ScottishPower Renewables is to join Atlantis as shareholder in Tidal Power Scotland Limited Project portfolio to be increased to over 500MW, including flagship MeyGen project Atlantis plans to add 130MW of further projects Atlantis, a global leader in the tidal power sector, announces that it has agreed to acquire two projects from ScottishPower Renewables (UK)…

Atlantis, a global leader in the tidal power sector, is pleased to announce that it has entered into a 5-year Collaboration Agreement (“the Agreement”) with market leader, JDR Cable Systems (“JDR”) effective from 31 December 2015. JDR is a technology development company, located globally with five UK sites and registered offices in Edinburgh, Scotland, which…

Atlantis, a global leader in the tidal power sector, is pleased to announce the appointment of Stephen Ward with immediate effect.  Stephen is joining the Company’s new Executive Management Group following the relocation of Atlantis’ corporate headquarters to Scotland. Stephen joins Atlantis as the Director of Power Generation and will report directly to the Chief…