Guernsey Electricity’s annual report has revealed the company has lost £136,000 on the investment in Bristol-based tidal energy expert, Writes This is Guernsey. Namely, GE did not release the figures earlier this year when the MCT was sold to Siemens. Despite the great loss, Managing director Alan B
Guernsey Electricity’s annual report has revealed the company has lost £136,000 on the investment in Bristol-based tidal energy expert, Writes This is Guernsey.
Namely, GE did not release the figures earlier this year when the MCT was sold to Siemens.
Despite the great loss, Managing director Alan Bates said that the investment was worthwhile.
[mappress]
Offshore WIND staff, August 20, 2012; Image: marineturbines
Offshore Energy is read by thousands of professionals every day.
Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in our business directory.
Follow Offshore Energy on:
Join thousands of industry professionals who start their day with our newsletter.
