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 and use that passion to drive forward our projects, delivering for our shareholders, stakeholders and communities.

SUSTAINABLE ENERGY PARKS

We are pioneering the use of two fantastic sites in the UK to develop our concept of sustainable energy parks. These parks are designed to utilise the existing infrastructure and natural resources in the local area to unlock new projects and deliver value for the communities and our business. Our Sustainable Energy Parks are delivering world leading projects both today and tomorrow.

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

Inside-the-Nacelle2

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

Freehold land sale at Uskmouth, proposed Abundance Bonds extension and Business update

By Admin | December 5, 2023

SIMEC Atlantis Energy Limited (“SAE Renewables”, “SAE”, the “Company” and, together with its subsidiaries, the “Group”) Freehold land sale at Uskmouth, proposed Abundance Bonds extension and Business update   Sale of land to Electric Land SAE is delighted to announce that it has today signed an agreement with EL (Uskmouth) Limited a subsidiary of FPC…

BBC Green energy Special showcases MeyGen project

By Admin | November 28, 2023

The BBC have released a green energy special showcasing the world-leading tidal technology deployed at MeyGen. It highlights the importance of Tidal Stream to the UK’s energy mix and the unique opportunity we have in the UK to scale up a predictable, low-carbon energy source in our own waters.

RESULTS OF THE EXTRAORDINARY GENERAL MEETING & UPDATE ON THE APPOINTMENT OF A NEW AUDITOR

By Admin | November 9, 2023

RESULTS OF THE EXTRAORDINARY GENERAL MEETING & UPDATE ON THE APPOINTMENT OF A NEW AUDITOR On 24 October 2023, SAE announced it had convened an Extraordinary General Meeting of the Company to approve the appointment of Nexia Singapore PAC (“Nexia”) as the Company’s auditor. The Company is pleased to announce that at its Extraordinary General…

Extraordinary General Meeting

By Admin | October 24, 2023

SIMEC Atlantis Energy Limited (“SAE”, the “Company” and, together with its subsidiaries, the “Group”) Extraordinary General Meeting SAE announces that a circular containing a notice convening an Extraordinary General Meeting of the Company (the “EGM”) will be posted to shareholders today. Shareholder approval is being sought for the appointment of Nexia Singapore PAC (“Nexia”) as…

Director/PDMR dealing

By Admin | September 28, 2023

SIMEC ATLANTIS ENERGY LIMITED (“SAE” or the “Company”) Director/PDMR dealing SAE has been notified that, on 27 September 2023, Duncan Black, Chairman, purchased 3,600,000 ordinary shares of no par value in the Company (“Shares”) at a price of 1.15p per shares. Following this purchase Mr Black is interested in 4,642,419 Shares, representing approximately 0.64% of…

Interim results

By Admin | September 27, 2023

SIMEC ATLANTIS ENERGY LIMITED (“SAE”, the “Company” and, together with its subsidiaries, the “Group”) Interim results SAE announces its unaudited interim results for the six months ended 30 June 2023. A complete version of the interim results can be found on the Company website (www.saerenewables.com/investor-relations/company-documents).  Chairman’s Statement I am pleased to report a strong first…

SAE secures support to deliver another phase at the world leading MeyGen project

By Admin | September 8, 2023

SAE is delighted to announce that it has successfully secured 4 Contracts for Difference (CfD) in the latest allocation round, for the world leading MeyGen site. These CfD contracts, which guarantees £198 (£/MWh), for 15 years from 31st March 2028 commissioning date, will allow SAE to deliver a total of c.22MW of clean, home-sourced, predictable…

Results of Annual General Meeting

By Admin | August 11, 2023

  SIMEC Atlantis Energy Limited (“SAE Renewables”, “SAE” or the “Company”) Results of Annual General Meeting SAE announces the results of its Company’s Annual General Meeting, held today, August 11th 2023. Resolutions 1 to 7 and resolution 9 were duly passed.  Resolution 8, proposed as an ordinary resolution relating to the disapplication of pre-emption rights,…

Final results for the year ended 31 December 2022 and notice of the AGM

By Admin | July 26, 2023

SIMEC Atlantis Energy Limited (“SAE Renewables”, “SAE” or the “Company”)  Final results for the year ended 31 December 2022 and notice of the AGM SAE announces its final results for the year ended 31 December 2022. A complete version of the 2022 Annual Report and Accounts (“2022 Annual Report”) can be found here: http://saerenewables.com/investor-relations/company-documents/. The…

SAE receives next payment for BESS project

By Admin | July 24, 2023

SIMEC Atlantis Energy Limited (“SAE Renewables”, “SAE” or the “Company”) SAE receives next payment for BESS project Further to the Company’s announcement on 23 February 2023, SAE is pleased to confirm that it has now received the £4.0m development premium from Uskmouth Energy Storage Limited (“UES”), as part of the arrangements that allow UES to…

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