Video: DG500 Operations Update

Today, Minesto has published a video with CEO Dr Martin Edlund, where he gives an update on Minesto’s ongoing offshore operations and testing of its DG500 kite system off North Wales.

The video is available on Minesto’s website via this link.


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Magnus Matsson
Communications Manager, Minesto

+46 31 774 1489
press@minesto.com

www.minesto.com

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Minesto is a leading marine energy technology company with the mission to minimise the global carbon footprint of the energy industry by enabling commercial power production from the ocean. Minesto’s award winning and patented product, Deep Green, is the only verified marine power plant that operates cost efficiently in areas with low-flow tidal streams and ocean currents. With more than €40 million of awarded funding from the European Regional Development Fund through the Welsh European Funding Office, European Innovation Council and InnoEnergy, Minesto is the European Union’s largest investment in marine energy to date. Minesto was founded in 2007 and has operations in Sweden, Wales, Northern Ireland and Taiwan. The major shareholders in Minesto are BGA Invest and Midroc New Technology. The Minesto share (MINEST) is traded on the Nasdaq First North Stockholm stock exchange. Certified Adviser is G&W Fondkommission, email: ca@gwkapital.se, telephone: +46 8 503 000 50.

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