Atlantis Sells Canadian Stake To Concentrate On Uk, Europe And Asia

The Caithness Business Index has posted the following article:

Atlantis Sells Canadian Stake To Concentrate On Uk, Europe And Asia

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Atlantis, a global leader in the tidal power sector, is pleased to announce that it has agreed to sell its stake in its Canadian joint venture to its partner DP Energy, a leading renewable energy developer, at the FORCE facility in the Bay of Fundy, Nova Scotia, Canada. Atlantis and DP Energy have entered into a conditional sale and purchase agreement for the sale of Atlantis' 50% interest in Atlantis Operations (Canada) Limited ("AOCL") which will be renamed after the sale is completed. [Read Full Article]