Marine energy company Atlantis Resources has engaged Macquarie Capital to help attract strategic, long term investors in its Scottish tidal power portfolio.
Atlantis, which owns the majority of the MeyGen project, the world’s largest planned tidal current power project, has been growing its portfolio of tidal power development projects in Scotland via acquisitions. Its portfolio of Scottish tidal power projects currently includes MeyGen (398 megawatts), Brough Ness (100MW), Mull of Galloway (30MW) and Kyle Rhea (8MW).
“Britain is leading the way in the development of tidal power and Atlantis is at the forefront having consolidated much of the industry in Scotland and helped to underpin its very bright future,” said Tim Cornelius, CEO of Atlantis. “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.”