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OpenHydro raises €40m in latest funding round OpenHydro Press Release (17/10/07)

OpenHydro has raised €40m in private equity in its latest funding round. This brings total funding raised by OpenHydro since 2005 to over €50m.

The funding will be used to support the commercial development of the company's Open-Centre Turbines.

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Brendan Gilmore (on right), Executive Chairman, and James Ives, Group Managing Director, of OpenHydro with the Group's first tidal turbine built in Ireland.
Brendan Gilmore (on right), Executive Chairman, and James Ives, Chief Executive Officer, of OpenHydro with the Group's first tidal turbine built in Ireland
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