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/PRNewswire/ -- Minesto, leading developer of ocean energy, has today successfully completed the installation of a drilled and grouted seabed anchor solution...

It was a day of collaboration and celebration of all things renewable at SHREC 2022 last week.

Leask Marine en route from Dundee to Orkney. ORKNEY-based Leask Marine is aiming to almost double its turnover and workforce after securing a £5.3 million funding package. The firm received a funding package from Royal Bank of Scotland and Lombard consisting of asset-backed lending, term loan and a working capital facility from its financial partners to acquire essential equipment to undertake several new contracts. Leask Marine said it is now aiming to almost double its turnover and workforce this season to assist in completing the number of new contracts. Most recently, the new ...

£5million lending package puts wind in the sails of Leask Marine Updated: May 14, 2021, 2:44 pm © Supplied by Sent from Big Partne Sign up for our daily newsletter featuring the top stories from The Press and Journal. Thank you for signing up to The Press and Journal newsletter. Something went wrong - please try again later. Sign Up An Orkney-based marine services company has set a course to double the size of its business thanks to a £5.3m funding boost from lenders. Leask Marine secured the asset-backed lending package, term loan and working capital facility from Royal Bank of Sco...

Advertisement EMEC has welcomed Spanish tidal energy developer Magallanes Renovables back to its tidal test site at the Fall of Warness in Orkney, Scotland. The successful reinstallation of Magallanes’ second generation 2 MW tidal platform ‘ATIR’ took place on 19 April 2021. The Magallanes team worked in collaboration with Orkney-based marine service provider Leask Marine, along with the Orkney Harbour Authority tug Thor, to install the platform in an operation lasting eight hours. In the coming weeks, the ATIR will be connected to the national electricity grid. Magallanes Renovables ha...