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.

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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