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Article: United Kingdom: Scottish oil and gas company turns to wind.
- Article from:
- TendersInfo
- Article date:
- September 10, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: manish03
Scottish oil and gas company Ramco Energy has announced that it is to devote its efforts solely to renewables and become a pure-play offshore wind company.
The 33-year old company, which will be renamed SeaEnergy, has secured a [pounds sterling]5 million investment from Lanstead and a further [pounds sterling]2.5 million from another institutional investor.
SeaEnergy will invest ...