Giant test-rig promises to unleash new era of wave energy development
CorPower puts WEC system through latest tests, as UK ministers visit Orkney marine energy centre to highlight sector's growing potential
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CorPower puts WEC system through latest tests, as UK ministers visit Orkney marine energy centre to highlight sector's growing potential
CorPower has secured a private placement of €9 million, bringing equity funding to €20.3 million for the commercial scale demonstration of its HiWave-5 project.
External Company Press Release After securing a private placement of 9 MEUR, CorPower has extended its equity funding to 20.3 MEUR, for the commercial scale demonstration of its wave energy technology. The investment round was led by Midroc New Technology and included SEB Greentech VC, family offices and private investors. Pareto Securities acted as Sole Manager and Bookrunner in the transaction. The 9 MEUR investment announced today combined with previous tranches of 9 MEUR in July 2020 and 2.3 MEUR in December 2018 brings total equity funding to support the demonstration of CorPower's fi...
After Securing A Private Placement Of 9 Million Euros, Corpower Has Extended Its Equity Funding To 20.3 Million Euros, For…