Swansea tidal lagoon investors have reportedly decided to put off further investments in the proposed £1.3 billion project as it could hit delays amid the UK government’s indecisiveness to give it a final go-ahead. More than £200 million has been provisionally committed by the investors headed by Prudential, according to Financial Times. However, the investors are reluctant to provide additional funding for the Swansea Bay tidal lagoon due to the fact that the UK government has still not given the final go-ahead for the project, the Financial Times reports.
Tidal Energy Today 10th July 2017 read more »