Crown Estate pegs MeyGen investment as future funding catalyst | Tidal Today

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From K. Steiner-Dicks at Tidal Today:
August 22nd, 2014.
"The Crown Estate has announced that it has committed to invest nearly £10m into the MeyGen Ltd tidal power development, as part of approximately £50m of funding for the first phase of its 398MW project in the Inner Sound of the Pentland Firth, Scotland."

The MeyGen funding syndicate for the first phase of this project also includes Atlantis Resources Ltd, the Department of Energy & Climate Change, Scottish Enterprise via the Renewable Energy Investment Fund (delivered by the Scottish Investment Bank) and Highlands and Islands Enterprise.

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