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Tidal energy project firm raises £3.7m investment
Western Mail
|July 22, 2025
A COMPANY whose Welsh tidal energy project is set to be one of the largest in Europe when built has raised £3.7m.
Inyanga Marine Energy Group secured the cash from investors including the British Business Bank via The FSE Group; Welsh ministers via local partnerships; and business angels including the FSE Investor Network. The company provides specialist project management, consultancy, and technology development services for the delivery of offshore renewable energy projects.
On the back of successfully executing complex tidal energy projects, Inyanga was awarded two contracts under the UK Government's Contracts for Difference scheme - an initiative for supporting new low-carbon power infrastructure.
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