(EnergyAsia, September 19, Friday) — US investment bank Morgan Stanley has boosted its stake in Singapore-based tidal power firm Atlantis Resources, making it the firm’s the largest stakeholder. Financial details and percentage shares were not disclosed. Tidal turbines, similar in principle to wind turbines, operate under water to produce electricity from tidal flow. However, the…
SINGAPORE: Morgan Stanley boosts stake in tidal power firm
Posted on September 18, 2008 by EnergyAsia