SeaEnergy announce that at the General Meeting held earlier today (June 22, 2011) shareholders voted in favour of the resolution to dispose of the Company’s entire interest in SeaEnergy Renewables Limited to Repsol Nuevas Energías S.A.
The transaction is expected to complete before the end of the month.
About SeaEnergy Renewables
SeaEnergy Renewables is an offshore marine renewables development company, engaged in the enormous opportunity for offshore wind farm development globally.
SeaEnergy provides unrivalled technical, project management, and financial expertise, as well as the ability to build and manage the development consortia. The Company’s objective is to ensure the successful delivery of these projects employing the most relevant multi-contracting and risk mitigation strategies gained through years of successful, large-scale offshore project developments and operations in the marine renewables and oil and gas industries.
[mappress]
Source: seaenergy-plc, June 23, 2011