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DCNS acquires stake in tidal renewable energy company OpenHydro (27/01/11)
DCNS, a leader in naval defence and an innovative player in energy, and OpenHydro, the Irish tidal renewable energy company, have signed a strategic agreement that will enable the companies to combine their marine engineering strengths in the tidal energy market. As part of the agreement, DCNS has acquired an 8% holding in OpenHydro for an investment of €14 million.
OpenHydro Installer heading to site for first successful deployment

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