Atlantis Resources diversifies into new waters
11th Jan 2017 09:13
(ShareCast News) - Atlantis Resources, an AIM listed turbine supplier and project owner in the tidal power industry, has announced that it is establishing a new internal division called Atlantis Energy as part of its diversification strategy. The division is set to leverage the existing skill set th
Read moreAtlantis pleased tidal energy will be included in government scheme
9th Nov 2016 13:13
(ShareCast News) - Tidal energy power company Atlantis Resources said was "pleased" that the government will include marine energy for the allocation of the second contracts for difference scheme in April. The department for Business, Energy and Industrial Strategy reserved £580m for the scheme to p
Read moreAtlantis swings to FY profit after Marine Current Turbines deal
27th May 2016 13:31
(ShareCast News) - Atlantis Resources has swung to a full-year pre-tax profit of S$4.3m, from a loss of S$16.2m, largely as a result of the gain from the acquisition of Marine Current Turbines. The results saw revenue almost halved to S$2.9m, from S$5.3m, but this was more than compensated for by S$
Read moreAtlantis and SBS to work on Indonesian tidal power project
21st Apr 2016 11:09
(ShareCast News) - Atlantis Resources announced a major new deal on Thursday, entering into a memorandum of understanding with international marine and subsea energy developer SBS over a planned tidal stream project in the Indonesian archipelago. The AIM-traded company said under the agreement, Atla
Read moreAtlantis Resources buys tidal power assets from Scottish Power
17th Dec 2015 10:32
(ShareCast News) - Tidal energy asset manager Atlantis Resources has agreed to buy two projects from Scottish Power Renewables in an all-share deal. Atlantis will buy the remaining 6% stake in Scottish Power's tidal development company, Tidal Power Scotland Limited, that it does not already own. The
Read moreAtlantis Resources appoints new CFO
15th Sep 2015 08:02
(ShareCast News) - Simon Counsell has been appointed as the chief financial officer of Atlantis Resources, the developer of tidal current power renewable energy said on Tuesday. Counsell, who has held his current role of UK and Netherlands finance director at InterGen since 2003, will replace Duncan
Read moreAtlantis Resources on track to develop MeyGen project by 2016
24th Jun 2015 14:12
Atlantis Resources, a tidal current power company, said the development of its flagship MeyGen project is on track for first power next year. Contruction works continue at the onshore site, with three of the four drilled bores now completed. The MeyGen project is located in the Pentland Firth, the
Read moreAtlantis Resources signs £7.5m deal with Britain's Energy Technologies Institute
26th Aug 2014 18:34
Renewable energy developer Atlantis Resources has been awarded a two-year deal worth £7.5m with Britain's Energy Technologies Institute (ETI) to deliver a multi-turbine foundation structure in Scotland. The project, which will support a further two turbines at the Atlantis-owned MeyGen tidal stream
Read moreAtlantis Resources extends deal with Chinese partner
7th Apr 2014 15:26
Tidal power developer Atlantis Resources, which floated on AIM in February, has extended its partnership with Chinese player Dongfang Electrical Machinery with a new testing agreement offshore Hangzhou. The testing programme will be carried out before Atlantis's first commercial scale, 1MW turbine
Read moreAtlantis secures loan from Scottish govt for project management hub
26th Feb 2014 10:29
Tidal power turbine maker Atlantis Resources said it has been given a 2m pound loan from the Scottish government's renewable energy investment fund to set up a global engineering and project management hub. The Edinburgh-based hub will become the group's global centre of excellence and will employ
Read moreArchial appoints administrator
22nd Sep 2010 16:32
AIM-quoted Architect Archial has appointed PwC as administrator after the HMRC filed winding up petitions against the company and some of its subsidiaries. Archial has been in talks with the HMRC about its tax position for a number of weeks. Yesterday, Archial tried to persuade the HMRC to withdra
Read moreShares in Archial suspended
17th Sep 2010 16:03
Shares in AIM-quoted architect Archial Group have been suspended because of worries about its financial position as it negotiates about the tax it owes to the HMRC. The shares were suspended at 3.15pm at 1.5p each. There have already been indications of problems at the architect. In August, Arc
Read moreSmall caps round-up: Churchill, COE, Stratex...
29th Mar 2010 13:12
Indonesian-focused coal miner Churchill Mining narrowed pre-tax losses to $3m or 3.91c per share in the half-year ended 31 December from $13.8m or 20.61c per share. CCTV developer and supplier COE Group reported a 37% drop in first-half revenues, but said it expects revenues to grow over the seco
Read moreNext finance chief buys
29th Jan 2010 16:32
Next finance director David Keens has invested more than £98,000 in adding to his stake in the fashion retailer. He has bought 5,000 shares at 1963.5p each. This takes his stake in Next to 125,700 shares (0.065%). Next has been buying back shares during January at prices around 2000p a share. Al
Read moreSmall caps round-up: All Leisure, Archial, Straight...
25th Jan 2010 09:59
Cruise operator All Leisure Group pointed to the recession, currency movements and fuel costs as it posted a fall in pre-tax profits in the year to October 2009 to £2.6m from £9.1m the previous year as revenues climbed to £73.6m from £67.5m. Shares in Archial jumped after the UK and Asia-focused ar
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