The German group says it has acquired a majority stake in MCT and plans to complete the acquisition of the company in the coming weeks. Terms were not disclosed.

MCT has been running its 1.2MW SeaGen demonstration turbine in Northern Ireland’s Strangford Lough since November 2008, with plans underway to develop the 8MW Kyle Rhea project in Scotland and the 10MW Anglesey Skerries project in Wales, along with installing a three-headed SeaGen S machine in Canada’s Bay of Fundy.

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