West Australian
Saturday 12/4/2008 Page: 78
WA wave energy technology developer Carnegie Corporation has finalised its licence agreement with AIM-listed Renewable Energy Holdings for the use of the London-based company's CETO technology. Carnegie said it had secured ownership of all CETO wave farms in the southern hemisphere in return for funding the technology to a maximum of $10.3 million and the payment of a licence fee and royalty.
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