Revealed: The Chinese investors prepared to save OpenHydro

Revealed: The Chinese investors prepared to save OpenHydro
OpenHydro makes turbines that can help harness tidal energy. But it has faced heavy competition from other forms of renewable energy

The firm’s founding shareholders have assembled a number of potential backers, including a mining giant, to help it escape liquidation

Minority shareholders in OpenHydro, the insolvent Irish-French tidal energy company, are engaging with a number of potential Chinese investors in an attempt to piece together a rescue plan to save the business from liquidation.

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