Irish tidal renewable energy company sells 8% stake for €14m

Naval defence technology company DCNS has bought an 8% stake in Irish tidal renewable energy company OpenHydro for €14m.

Irish tidal renewable energy company sells 8% stake for €14m
Thu, 27 Jan, 2011 - 14:36

Naval defence technology company DCNS has bought an 8% stake in Irish tidal renewable energy company OpenHydro for €14m.

OpenHydro designs and manufactures marine turbines to generate renewable energy from tidal streams.

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CourtsBusinessHeathrowPlace: Cotes d’ArmorPlace: BrittanyOrganisation: DCNSOrganisation: OpenHydroOrganisation: Electricite de France
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