Announcements

ATLANTIS RESOURCES LIMITED  (“Atlantis” or the “Company”) Atlantis, owner of the world’s largest planned tidal stream energy project, MeyGen Limited (“MeyGen”), is pleased to announce that all conditions have been satisfied under the terms of the funding package announced on 21 August 2014 to enable the drawdown of funding for the project.   Financing to…

ATLANTIS RESOURCES LIMITED (“Atlantis” or the “Company”) Atlantis, owner of the world’s largest planned tidal stream energy project, MeyGen, announces that it has signed a 398MW, 25-year seabed lease with The Crown Estate. The lease was secured after MeyGen satisfied the extensive development obligations contained within its five-year Agreement for Lease (“AfL”), which was signed…

ATLANTIS RESOURCES LIMITED (“Atlantis” or the “Company”)   Atlantis, owner of the world’s largest planned tidal stream energy project, MeyGen, has been awarded a £7.5 million two year contract with the UK’s Energy Technologies Institute (“ETI”) to deliver a multi-turbine foundation structure which will support a further two turbines at the Atlantis-owned MeyGen tidal stream array…

MeyGen agrees terms for a funding package to finance Phase 1A of the MeyGen project. The funding syndicate includes: the Department of Energy & Climate Change, Scottish Enterprise via the Renewable Energy Investment Fund (delivered by the Scottish Investment Bank), Highlands and Islands Enterprise, The Crown Estate, and Atlantis Resources Ltd.   21st August 2014:…

ATLANTIS RESOURCES LIMITED (“Atlantis” or the “Company”)  MeyGen Project Financing Package Agreed for Phase 1A Atlantis, owner of the world’s largest planned tidal stream energy project, MeyGen, announces that it has agreed terms with a funding syndicate for a funding package for Phase 1A of the MeyGen project. Total project funding package, which is a…

ATLANTIS RESOURCES LIMITED  (“Atlantis” or the “Group”) MeyGen Project Update  Atlantis, owner of the world’s largest planned tidal current energy project, MeyGen, and tidal energy equipment supplier, announces that it will today sign a contract with ABB, a leading power and automation technology group, to provide the onshore infrastructure works and electrical equipment for Phase…

ATLANTIS RESOURCES LIMITED (“Atlantis” or the “Group”)   UK Department of Energy & Climate Change announcement on the allocation of Contracts for Difference London – Atlantis, a vertically integrated equipment supplier and project owner in the tidal power industry, notes the publication of the document titled “Electricity Market Reform: Allocation of Contracts for Difference –…

ATLANTIS RESOURCES LIMITED  (“Atlantis” or the “Group”)  MeyGen Project Update  London – Atlantis, owner of the world’s largest planned tidal current energy project, MeyGen, and tidal energy equipment supplier, announces that it has signed a turbine supply agreement with Andritz Hydro Hammerfest to supply three 1.5 megawatt tidal power turbines for Phase 1A of the…

ATLANTIS RESOURCES LIMITED (“Atlantis” or the “Group”) London – Atlantis Resources Limited, a vertically integrated owner of the world’s largest planned tidal current energy project, MeyGen, and energy equipment supplier, announces that Peel Hunt has been appointed as Nominated Adviser and sole Broker to the Group with immediate effect. Atlantis also announces that an open…

ATLANTIS RESOURCES LIMITED (“Atlantis” or the “Group”)  London – Atlantis, a vertically integrated equipment supplier and project owner in the tidal power industry, notes the recent press comment (ReNews – 3 July 2014) regarding the Department of Energy & Climate Change’s likely participation in the MeyGen Project. The MeyGen project, which is 100% owned by…