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Boston, MA -- (SBWire) -- 12/24/2013 --Atlantis Resources Limited, a renewable energy company, acquired remaining 90% interest in MeyGen Limited, which owns MeyGen Tidal Stream project located in the Inner Sound development zone of Scotland's Pentland Firth, UK, from Morgan Stanley, an investment bank, and GDF Suez SA, an integrated oil and gas company. The aim is to showcase the project development capacity on a turnkey basis and to emerge as a key developer of the tidal technology in Europe.

Scope

- The information related to the acquisition of 90% interest by Atlantis Resources in MeyGen
- Key drivers of the deal
- Rationale of the deal
- A brief onAtlantis Resources, Morgan Stanley, and GDF Suez SA

Reasons to Get This Report

- Understand the reasons for the joint venture
- Understand the response from the markets
- Understand the impact of the deal on Atlantis Resources

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