Press Release - 01/12/2014
Swansea Bay tidal lagoon and Edwin Coe
Edwin Coe advised Tidal Lagoon (Swansea Bay) Plc on its public offer to raise £10 million (of which £5 million was under Enterprise Investment Scheme) to fund the second stage of development of a 240MW tidal lagoon power station in Swansea Bay.
The £1bn plan to build the world’s first power-generating tidal lagoon in Swansea Bay has now been given a boost as the UK government revealed further discussions with the developers. It has been named in the National Infrastructure Plan published ahead of the chancellor’s Autumn Statement.
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