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Eel Energy recieves 500k

By: Lewis Holdsworth 15/06/2015 Eel Energy

General Tidal

Eel energy has received € 500K from Bpifrance and the Nord-Pas de Calais region as a help for their tidal project.

In the meantime historical shareholders of the company subscribe to a convertible bond of € 500k, this financing will allow the company to finalize the 1/6 scale prototype designed for sea trials, and initiate development work of the first device of 1MW.

Jean-Baptiste Drevet and Franck Sylvain are pleased with the support of Bpifrance and their shareholders who believe in this extraordinary project .

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Eel Energy recieves 500k

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