Pelamis Wave Power is looking for a buyer to raise funds for its giant sea snake.
Pelamis is pursuing efforts to acquire GBP 10 – 20 million for the development.
Among potential buyers are BAE Systems, Rolls-Royce, Weir, Siemens, Caterpillar, ABB and Alstom, reports Scotsman.
[mappress]
Offshore WIND staff, January 06, 2012; Image: pelamiswave