News today is that Aquamarine, developer of the Oyster wave devices recently installed at EMEC in Orkney, has closed a £10 million equity financing (as a precursor to another £40 million to be raised later). Details here.This funding, together with the deployment at EMEC, projects Aquamarine into the top rank of wave energy devices.
The company's press release is here.
Monday, September 21, 2009
Aquamarine closes £10 million funding
Labels:
Aquamarine,
fund raising,
funding,
oyster,
wave energy
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