Swedish marine energy developer Minesto is working with Norwegian financial advisor Pareto Securities to boost relationships with institutional investors.
The aims is to accelerate and capitalise the commercial rollout of Minesto’s Deep Green renewable energy technology, the company said.
Minesto will continue to drive processes related to public grants while Pareto will focus on relationships with institutional investors.
Minesto chief executive Martin Edlund said: “We know that as the world moves to clean energy, investors are looking for new technologies and ventures in renewable energy generation.
“Building on the progress we have made over the last few years, we want to take advantage of that trend to accelerate and capitalise the commercialisation of our product.”