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Alstom SA Completes the Acquisition of Tidal Generation Limited (TGL) from Rolls-Royce Holdings PLC

Wednesday, 30 Jan 2013 04:21am EST 

Alstom SA announced that it has completed the acquisition of Tidal Generation Limited (TGL) from Rolls-Royce Holdings PLC. In September 2012, Alstom announced that it had agreed to acquire TGL, which specialises in the design and manufacturing of tidal stream turbines, subject to the achievement of milestones including the installation of the 1 MW tidal turbine at the European Marine Energy Centre's (EMEC) full-scale tidal test site in Orkney, Scotland. On January 24, 2013, TGL, now rebranded Alstom installed the 1MW tidal turbine on the same tripod support structure used to deploy the previously tested 500kW device. 

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10 Jul 2014