CNM carnegie corporation limited

tankba

  1. 831 Posts.
    Tankba,

    On your advice, I have been doing some research on CNM. The CETA technology is a great idea but who owns it?

    I found this extract from Nov 06 announcement:

    “UK-based Renewable Energy Holdings' Perth-based subsidiary Seapower Pacific Ltd has taken a step towards full commercialisation of its CETO wave-power machine.

    NOTE: The CETO technology is being developed by the UK-based Renewable Energy Holdings' Perth-based subsidiary Seapower Pacific. The Perth-based clean energy company Carnegie Corporation co-developed the technology before selling it to REH. Carnegie remains a shareholder in REH and has participation rights in future REH projects.”

    What stake does CNM have in Renewable Energy Holdings?

    I will keep looking, but thought you might be able to tell me.

    Regards,
    Shane.
 
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