SEaENERGY dampened expectations that it is close to completing the delayed sale of its wind farm subsidiary following a surge in the share price in recent days. Formerly called Ramco Energy, SeaEnergy said: The Company notes the recent movements in its share price, and confirms that there is nothing further to add at this point in time to the announcement which it made on 3 May 2011, in relation to the potential disposal of the Company s 80.13% subsidiary, SeaEnergy Renewables Limited. While there can be no certainty that current negotiations will result in a sale of SERL, these negotiations are continuing at present. On May 3, the aberdeen-based company said it had reached agreement with a consortium of major European energy companies to grant a period of exclusivity to negotiate the sale of its interest in SERL.