News from minesto ab A wide array of domestic and global news stories; news topics include politics/government, business, technology, religion, sports/entertainment, science/nature, and health/lifestyle. Articles that appear in this section may be written in English or other languages

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04 Dec, 2019, 07:16 GMT Subscription Period Starts Today December 4 and Subscription Price for Warrants is Adjusted

Today December 4 the subscription period for Minesto AB's ("Minesto" or "the Company") new issue of units with pre-emptive rights for existing...


02 Dec, 2019, 16:48 GMT Minesto Publishes Prospectus Regarding Rights Issue and Invites to Investor Presentation

On 8 November 2019, the Board of Directors of Minesto AB ("Minesto" or "the Company") decided on a new share issue with preferential rights for...


08 Nov, 2019, 16:51 GMT Minesto Announces Rights Issue of Units of Approximately SEK 86 Million

The Board of Directors of Minesto AB ("Minesto" or "the Company") has decided to carry out a rights issue of up to 6,084,133 units at a subscription...


28 Oct, 2019, 21:06 GMT Minesto Completes a Directed Issue of Units - Raising Proceeds of SEK 60 Million - and Announces Subsequent Rights Issue of Units of SEK 86.5 Million

The board of directors of Minesto AB ("Minesto" or the "Company") has resolved to carry out a directed issue of 4,249,290 Units at a subscription...


16 Oct, 2019, 10:09 BST Minesto Receives Approval for EU-funded Site Project in France

Leading marine energy developer Minesto has received approval for an EU-funded project aiming at installing the company's unique renewable energy...


20 Sep, 2019, 08:22 BST Further Activities to Shift Minesto Staff to New Incentive Plans

The Board of Directors of Minesto AB has decided to offer 1,965,000 warrants to Minesto's staff within the framework of the warrant plan PO5 approved ...


26 Aug, 2019, 12:14 BST Minesto's Management Shifts to New Incentive Plans

Minesto's senior executives in Sweden have acquired a total of 280,000 warrants within the framework of the employee stock option plan PO4 decided by ...


15 Aug, 2019, 08:00 BST Minesto Resumes DG500 Kite System Operations

Leading marine energy developer Minesto has resumed testing of its commercial-scale DG500 kite system at the company's Holyhead Deep site off North...


18 Jun, 2019, 09:14 BST Swedish Energy Agency Awards Funding to Minesto's Innovative Energy Technology

Swedish marine energy developer Minesto has received additional public support and funding for the development and commercialisation of its marine...


10 Jun, 2019, 08:33 BST Minesto Secures €2.5m European Commission Funding for First Customer Project

Leading marine energy developer Minesto has been awarded a €2.5 million grant from the European Commission's SME Instrument programme. The awarded...


31 May, 2019, 06:14 BST Welsh Government Awards €14.9 Million of EU Funding to Leading Marine Energy Developer Minesto

The Welsh Government has announced their continued support to leading marine energy developer Minesto following the award of €14.9 million of EU...


20 May, 2019, 07:21 BST Minesto Partners With Leading Financial Advisor Pareto to Capitalise Commercial Rollout

Swedish marine energy developer Minesto has engaged with leading financial advisor Pareto Securities to intensify relationships with institutional...


11 Feb, 2019, 14:56 GMT Minesto Raises SEK 44.4 Million from Warrants Program

Marine energy developer Minesto has concluded its warrants program of series TO 2. In total, 98 percent of outstanding warrants were exercised, which ...


21 Dec, 2018, 06:13 GMT Minesto Enters Formal Planning Phase With Welsh Government for Second Stage of Public Funding

Marine energy developer Minesto has taken the next step towards commercialisation of its subsea kite technology and the development of the marine...


10 Dec, 2018, 06:11 GMT European Investor InnoEnergy Expands its Involvement in Minesto With €1M Investment

European powerhouse and investor in clean energy InnoEnergy expands its involvement in Swedish marine energy developer Minesto. InnoEnergy has...


12 Nov, 2018, 07:25 GMT Minesto Signs Agreement With Electric Utility SEV for Faroe Islands' Installations

Swedish marine energy developer Minesto has signed a collaboration agreement with the main power generator and distributor on the Faroe Islands, SEV, ...


09 Nov, 2018, 07:42 GMT Minesto Completes Offshore Test Programme of its EU-funded Tidal Energy Project in Wales

arine energy developer Minesto has completed the offshore commissioning and test programme of its EU-funded tidal energy project offshore Holyhead,...


09 Oct, 2018, 08:08 BST Minesto Generates Electricity for the First Time With Commercial-scale Unit

arine energy developer Minesto has achieved initial electricity generation with its first commercial-scale marine energy kite during the...


30 Aug, 2018, 11:30 BST Minesto Breaks New Ground in the Energy Sector as it Proves its Subsea Kite Technology

Marine energy developer Minesto has verified the functionality of its unique Deep Green technology at utility scale, marking a significant milestone...


21 Jun, 2018, 13:11 BST European Commission Backs Minesto Roadmap for Commercial Breakthrough

Swedish marine energy developer Minesto has been selected by the European Commission for phase 1 of the Horizon 2020 SME Instrument programme. The...


07 Jun, 2018, 06:12 BST Minesto Reinforces its Project Finance Capability Through New Board Members

avier Sanz, CTO Renewable Energies at InnoEnergy, a leading European investor in renewable energy and Jonas Millqvist, with extensive project finance ...


09 Feb, 2018, 06:18 GMT InnoEnergy: Why we Have Invested €4.5m in Minesto

wedish marine energy developer Minesto has a product with key technological advantages in an area that is the next frontier for the energy market....


01 Feb, 2018, 09:37 GMT Gravity Base Structure Delivered as Minesto Progress Towards Holyhead Deep Installation

The gravity base structure foundation for Minesto's first commercial-scale installation of its Deep Green technology has been delivered. The...


17 Jan, 2018, 06:55 GMT Minesto Takes Steps Towards World's First Ocean Current Electricity Generation

Swedish marine energy developer Minesto intensifies activities in Taiwan to establish the company's unique Deep Green technology in the Asian market. ...


15 Jan, 2018, 07:43 GMT Minesto to Enhance Deep Green Product Range and Intensify Market Penetration Activities

Minesto intends to develop a smaller Deep Green device, DG100, which will provide the company with an additional commercial product to open new...