PAR Equity Ventures takes 21.8% stake in Orbital Marine Power
Published
PAR Equity Ventures I, LP entered the register with a 21.8% holding of Series A shares in the floating tidal-energy company.
Pronewable Development II B.V. also joined with a 1.6% Series A holding.
Scotmarine Limited exited its 1.4% ordinary-share holding; the filing does not name a recipient.
Existing institutional holders also received Series A shares, suggesting fresh funding. Filed 27 August 2026, the changes span the multi-year period from 7 August 2024 to 7 August 2026.
Shareholder data
Source: Companies House confirmation statement (CS01) — period to , filed .
Changes in this confirmation statement
| Type | Shareholder | Shares | Change | Share classes |
|---|---|---|---|---|
| Exited | SCOTMARINE LIMITED | 104,344 | — | ORDINARY 104,344 |
| New shareholder | PAR EQUITY VENTURES I, LP | 4,000,000 | — | SERIES A SHARES 4,000,000 |
| New shareholder | ORBITAL SHAREHOLDING LTD | 0 | — | ORDINARY 0 |
| Increased | SCOTTISH ENTERPRISE (ACTING IN ITS CAPACITY AS THE ADMINISTRATOR FOR THE RENEWABLE ENERGY INVESTMENT FUND) | 5,492,855 | +222% | SERIES A SHARES 3,785,000 ORDINARY 1,707,855 |
Current shareholders (8)
| Shareholder | Total shares | Share classes |
|---|---|---|
| SCOTTISH ENTERPRISE (ACTING IN ITS CAPACITY AS THE ADMINISTRATOR FOR THE RENEWABLE ENERGY INVESTMENT FUND) | 5,492,855 | ORDINARY 1,707,855 SERIES A SHARES 3,785,000 |
| PAR EQUITY VENTURES I, LP | 4,000,000 | SERIES A SHARES 4,000,000 |
| CROWDCUBE NOMINEES LIMITED | 419,073 | ORDINARY 419,073 |
| HITACHI ENERGY SWITZERLAND LTD | 205,355 | ORDINARY 205,355 |
| DP RENEWABLE ENERGY LIMITED | 144,999 | ORDINARY 144,999 |
| BONHEUR ASA | 133,238 | ORDINARY 133,238 |
| TOTAL NEW ENERGIES LIMITED | 104,869 | ORDINARY 104,869 |
| HARLAND AND WOLFF HEAVY INDUSTRIES LIMITED | 37,800 | ORDINARY 37,800 |
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