19th Nov 2015 10:52
LONDON (Alliance News) - Tidal power company Atlantis Resources Ltd on Thursday said it has hired Australian investment bank Macquarie to advise it on options for attraction investors to its Scottish tidal power portfolio.
Atlantis, which owns the MeyGen tidal power project in Scotland said it can now offer investors "an interest in a unique portfolio of tidal power projects" having grown its business in recent years.
"Through the engagement of Macquarie Capital, we are bringing on an experienced team of renewable energy infrastructure experts who will work with Atlantis to communicate investment opportunities across the Atlantis portfolio to the industrial and financial investor communities in the UK, Europe, Asia and the Americas," said Chief Executive Tim Cornelius.
Share in Atlantis were untraded on Thursday, having last traded at 38.40 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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