Atlantis Resources has teamed up with Macquarie Capital in order to develop its tidal power ambitions by attracting strategic, long term investors in its Scottish tidal power portfolio.
Atlantic Resources, a Singapore-based tidal energy developer, has engaged Macquire Capital, a global provider of financial services, to attract investments in its tidal energy development portfolio.
Tim Cornelius, CEO of Atlantis, said: “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.”
Mark Dooley, Head of Renewables at Macquarie Capital Europe, added: “Macquarie Capital has a long history of matching institutional capital to infrastructure projects, and we look forward to working with Atlantis to bring strategic, long term investors into their unique portfolio.”
Atlantis’ Scottish tidal power projects currently include MeyGen (398 MW), Brough Ness (100 MW), Mull of Galloway (30 MW), and Kyle Rhea (8 MW).
Macquarie Capital is the advisory, capital markets and principal investment arm of Macquarie Group.
Image: Atlantis Resources