Tidal Project Gets $10.5M in PE Funds
Black Rock Tidal Power, a subsidiary of German energy company Schottel Hydro, has raised $15 million in equity and debt to install its first tidal power platform in the Bay of Fundy off Parrsboro, N.S.
The company said in a press release it has raised $10.5 million in private equity from a group of investors led by Montreal-based Inerjys Ventures, an investment company that specializes in