Siemens offloads Marine Current Turbines to Atlantis Resources

Jessica Shankleman
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Tidal industry sees further consolidation as Siemens sells Bristol-based MCT in return for stake in expanded Atlantis Resources

Siemens is to offload its tidal energy business Marine Current Turbines (MCT) to rival developer Atlantis Resources in return for a 10 per cent stake in the company, in a move that signals further consolidation...

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