|4 April 2016|
A new partnership is set to give a major boost to Scotland’s buoyant tidal energy sector.
Tidal power generation company Atlantis and infrastructure investor Equitix will work together to progress Atlantis’s portfolio of tidal power projects in Scotland, which have the potential to generate capacity up to 650MW.
Tim Cornelius, CEO of Atlantis, said: “This agreement with Equitix, a leading infrastructure investment specialist, is an important step for us in engaging a partner with both vital experience of large infrastructure projects and access to extensive capital, coupled with a desire to work with us to accelerate the further development of the UK’s tidal power industry. We are very excited to be working with Equitix on a range of fronts.”
Nick Parker, COO and Founding Director of Equitix, added:”We are delighted to be entering into this partnership agreement with Atlantis, the clear market leader in the tidal energy industry which secures access to a pipeline of primary investment opportunities and has tremendous growth potential in the UK.”