Atlantis Resources’ financing for MeyGen

From Proactive Investors – Shares in Atlantis Resources (LON:ARL) surged over 10% in early deals on Friday after it emerged the group had agreed a more than £50mln funding package for the first phase of its MeyGen project in Scotland Pentland Firth. The project is set to be the globe’s largest tidal energy operation, and…

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UK leads marine energy revolution as world’s largest tidal stream project agrees investment to begin construction in Scotland

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:…

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MeyGen Project Financing Package Agreed for Phase 1A

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…

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UK leads marine energy revolution as world’s largest tidal stream project agrees investment to begin construction in Scotland

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: MeyGen,…

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ABB to provide UK grid connection for Europe’s largest tidal energy project

MeyGen tidal stream project in Scotland’s Pentland Firth will rely on ABB technology to feed renewable energy into onshore distribution grid Zurich, Switzerland, August XX, 2014 – ABB, the leading power and automation technology group, has been awarded a contract by Atlantis Resources Limited to provide the onshore grid connection for Phase I of the…

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MeyGen Project Updates

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…

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UK Department of Energy & Climate Change announcement on the allocation of Contracts for Difference

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 –…

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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 MeyGen project in the Pentland Firth in Scotland. Atlantis also…

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MeyGen Project Update

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…

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