INNOVATORS OF SUSTAINABLE ALTERNATIVE ENERGY PROJECTS

By the end of 2021, MeyGen had produced 70% of the global tidal energy output*

*Source: Ofgem public records, #BEIS

Since 2016 MeyGen has produced 72% of the UK's total tidal output*

*Source: Ofgem public records, #BEIS

INNOVATORS OF SUSTAINABLE ALTERNATIVE ENERGY PROJECTS

ABOUT US

We are SAE. Our aim is to be a global leader in the creation of new, sustainable energy projects for the benefit of our planet. We are passionate about what we do. Our sustainable energy projects are not just good business, they are making a meaningful contribution towards tackling two of the biggest issues currently facing society – climate change and the war on plastic.

Sustainably fuelled generation

We have pioneered the conversion of existing coal fired power stations to use waste derived fuel pellets. We have the technical expertise to help reduce the global use of coal around the world.

Tidal Stream Power

We are global leaders in tidal energy system design, development and operation.

Our flagship project MeyGen harnesses the power of the tides to generate clean, renewable energy to the grid.

MISSION, VISION & VALUES

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OUR VISION

To be a global leader in the creation of new, sustainable energy projects for the benefit of our planet

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OUR MISSION

To collaborate and innovate to reduce costs and deliver sustainable energy projects

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OUR VALUES

Today – We are an innovative and dedicated team

Tomorrow – Through collaboration and teamwork we will become truly global and achieve our vision

Always – We always value the safety of each other, our communities and the environment

SAE Renewables issues a request to amend Debenture Deed

By Admin | June 2, 2023

Further to the Company’s announcement on 23 February 2023 regarding the amendments to the debenture deeds, SAE Renewables is today issuing a further communication to the holders of the debentures issued in 2017 through Atlantis Ocean Energy (the “AOE17 debentures”), with the support of Abundance Investment Limited, requesting an amendment to the debenture deed, which…

SAE achieves another major milestone in the development of the Uskmouth Sustainable Energy Park

By Admin | May 24, 2023

Further to the Company’s announcement of 23 February 2023, SAE are delighted to announce that Uskmouth Energy Storage Limited, a portfolio company of Quinbrook Infrastructure Partners, on 23 May 2023, gave formal notice of their exercise of the option to take a lease of land at the Group’s Uskmouth site for one of the UK’s…

Grant of options CSOP and LTIP

By Admin | April 11, 2023

Grant of options CSOP and LTIP  Related Party Transaction Following a review by the Board of Directors (the “Board“) of SAE’s existing Company Share Option Scheme (“CSOP”), a tax efficient scheme open to all employees, and in line with the Board’s view that it is essential for the Company’s executive directors and key senior managers…

SAE update on Abundance Bonds and BESS project

By Admin | March 29, 2023

SIMEC Atlantis Energy Limited (“SAE Renewables”, “SAE”, the “Company” and, together with its subsidiaries, the “Group”) SAE update on Abundance Bonds and BESS project   Abundance Bonds Further to the Company’s announcement on 23 February 2023, SAE is pleased to announce that Atlantis Future Energy debenture holders have approved the amendment to the 2018 debenture…

Bond repayment update and AIM Rule 26 website change

By SAE | February 23, 2023

SIMEC Atlantis Energy Limited (“SAE Renewables”, the “Company” and, together with its subsidiaries, the “Group”) Bond repayment update and AIM Rule 26 website change SAE Renewables (AIM: SAE) is today issuing a communication to its bondholders outlining its plans for repayment of its three 5-year debentures, issued through Atlantis Future Energy (“AFE”) and Atlantis Ocean…

MeyGen site generates the world’s first 50GWh of electricity from tidal power

By Admin | February 20, 2023

I’m excited to announce a significant milestone for our MeyGen project, for the industry and on our net zero and energy security journey. During the early hours of this morning, and with only marine life for company, our tidal stream array off the coast of the Pentland Firth became the first tidal stream array in…

Appointment of Nominated and Financial Adviser

By Admin | February 3, 2023

SIMEC Atlantis Energy Limited (“SAE Renewables”, the “Company” and, together with its subsidiaries, the “Group”)  Appointment of Nominated and Financial Adviser   SAE Renewables (AIM: SAE) is pleased to announce the appointment of Strand Hanson Limited as the Company’s Nominated and Financial Adviser with immediate effect. Zeus Capital Limited will be the Company’s sole broker.…

Change of Adviser

By Admin | January 20, 2023

SIMEC Atlantis Energy Limited (“SAE”, the “Company” and, together with its subsidiaries, the “Group”) Change of Adviser   SAE today announces the appointment of Zeus Capital Limited as Joint Broker, with immediate effect. This follows the completion of the acquisition of Arden Partners plc by Zeus Group Limited on 16 January 2023.   For further…

Battery Energy Storage Project at Uskmouth receives conditional planning consent

By Admin | December 9, 2022

SAE is pleased to announce that the planned 230MW / 460MWh battery energy storage system at the Uskmouth site has been granted planning consent with conditions by Newport City Council. As announced on 24 May 2022, SAE has been working with Energy Optimisation Solutions (“EOS”) and Quinbrook Infrastructure Partners, via their portfolio company Uskmouth Energy…

DELIVERY OF NEXT PHASE OF THE WORLD-LEADING MEYGEN PROJECT CONTINUES AT PACE

By Admin | November 8, 2022

SIMEC ATLANTIS ENERGY LIMITED (“SAE”, the “Company” and, together with its subsidiaries, the “Group”)  Delivery of next phase of the world-leading MeyGen project continues at pace  SAE, the global leader in tidal energy, is continuing to make good progress in the delivery of the first commercial-scale tidal array in the world at its MeyGen site…

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