News & Media

Minesto News Update 20 September 2019

September 20, 2019
Press releases
· Minesto and SEV to showcase Faroe Islands’ partnership to global energy industry stakeholders · Company presentation at Pareto Securities cleantech investor conference · Minesto speakers at industry conference Ocean Energy Europe 2019 · Strengthening Taiwanese ties at the 35th Sweden-Taiwan Joint...Read more »
Minesto and SEV to showcase Faroe Islands’ partnership to global energy industry stakeholders Minesto together with the electric utility company SEV have been invited as speakers at international energy conferences OEEC and POWERGEN Europe, to showcase their joint project to make tidal energy a... Read more »

Further activities to shift Minesto staff to new incentive plans

September 20, 2019
Press releases
The Board of Directors of Minesto AB has decided to offer 1,965,000 warrants to Minesto’s staff within the framework of the warrant plan PO5 approved in this year’s AGM. At the same time, Minesto’s financial advisor Pareto has facilitated the exercise of outgoing warrants of series PO3 by which a...Read more »
PO5 is the second of three future warrant plans approved in Minesto's Annual General Meeting in 2019. Minesto’s Board of Directors have decided to offer all staff a total of 1,965,000 PO5 warrants to continue to incentivise Minesto management and staff to build shareholder value in the company. A... Read more »

DG500 commissioning and testing update

September 18, 2019
Minesto's marine energy converter DG500 during its commissioning program in the Holyhead Deep, Wales
News
Minesto’s DG500 kite system was installed at the company’s Holyhead Deep site offshore North Wales in mid-August using an upgraded launch and recovery system. Since then Minesto has made significant progress in commissioning the autonomous control and power generation systems. “The major changes to... Read more »

Minesto News Update 6 September 2019

September 06, 2019
News
· Minesto strengthens relationship with Faroese Utility SEV with Board visit · Faroese national radio reports on Minesto’s customer project · Vacancy: Mechanical Design Engineer (Gothenburg) · Minesto speakers at Welsh energy policy forum · Infographic: Tidal energy by Minesto in the Faroe IslandsRead more »
Minesto strengthens relationship with Faroese Utility SEV with Board visit This week Minesto’s Board of Directors and senior management visited the Faroe Islands where they engaged in strategy discussions and meetings with key stakeholders. “We have had a very productive time in the Faroe Islands... Read more »

Vacancy: Mechanical Design Engineer (Gothenburg)

September 05, 2019
Members of the Minesto team works with the company's marine energy converter DG500 offshore Wales. Photo: Minesto
News
We are looking for an experienced Mechanical Design Engineer to join our Design Group in Gothenburg. The work includes all product development phases from conceptual design to detailed design and supplier selection. Read more about the role and how to apply here .Read more »

Minesto's management shifts to new incentive plans

August 26, 2019
Press releases
Minesto's senior executives in Sweden have acquired a total of 280,000 warrants within the framework of the employee stock option plan PO4 decided by the AGM. At the same time, a transfer of outgoing warrants of series PO3 has been carried out in a separate transaction between Minesto’s CEO...Read more »
PO4 is one of three employee stock option plans approved by Minesto's Annual General Meeting in 2019. Minesto's senior executives Martin Edlund (CEO), Fredrik Ahlström and Bernt Erik Westre have acquired 120,000, 80,000 and 80,000 warrants respectively (a total of 280,000) of series PO4 at a price... Read more »

Video: DG500 Operations Update

August 22, 2019
Presentations
Media
CEO Dr Martin Edlund gives an update on Minesto’s ongoing offshore operations and testing of its DG500 kite system off North Wales.Read more »

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