Announcements
SAE releases interim results
SIMEC ATLANTIS ENERGY LIMITED (“SAE”, the “Company” and, together with its subsidiaries, the “Group”) SAE releases interim results SAE announces its unaudited Interim Results for the six months ended 30 June 2022. A complete version of the results can be found on the Company website (www.saerenewables.com/investor-relations/company-documents). Summary of Results The overall loss…
Read MoreTidal energy momentum builds with the latest re-deployment at MeyGen site
SIMEC ATLANTIS ENERGY LIMITED (“SAE”, the “Company” and, together with its subsidiaries, the “Group”) Tidal energy momentum builds with the latest re-deployment at MeyGen site SAE is pleased to announce the latest turbine re-deployment at its MeyGen site. The successful re-deployment of the 1.5MW turbine is another critical step in returning the Phase 1…
Read MoreSAE achieves milestone in BESS project delivery
SIMEC ATLANTIS ENERGY LIMITED (“SAE”, the “Company” and, together with its subsidiaries, the “Group”) SAE achieves a major milestone in the delivery of one of the UK’s largest BESS projects SAE is pleased to announce that it has secured the necessary grid variations for the 230MW / 460MWh battery energy storage system (BESS) at the…
Read MoreAnnual General Meeting
SIMEC ATLANTIS ENERGY LIMITED (“SAE”, the “Company” and, together with its subsidiaries, the “Group”) Annual General Meeting SAE announces that a Notice has been sent to shareholders to convene the Annual General Meeting (“AGM”) of the Company. The AGM will be held at 11 a.m. (London time) on 18 August 2022 at the offices of…
Read MoreSAE successfully secures Government support to deliver the next phase of world leading tidal projects
SIMEC ATLANTIS ENERGY LIMITED (“SAE”, the “Company” and, together with its subsidiaries, the “Group”) SAE successfully secures Government support to deliver the next phase of world leading tidal projects SAE is delighted to announce that it has successfully secured a Contract for Difference (CfD) in the latest allocation round, for the world leading MeyGen site.…
Read MoreFinal Results Announcement
SIMEC ATLANTIS ENERGY LIMITED (“SAE”, the “Company” and, together with its subsidiaries, the “Group”) Final Results Announcement SAE announces its final results for the year ended 31 December 2021. A complete version of the Annual Report and Accounts can be found on the Company website. Financial Highlights The MeyGen project generated revenues of £1.6 million…
Read MoreSAE confirms amendment to Debenture Deed
10 June 2022 SIMEC ATLANTIS ENERGY LIMITED(“SAE”, the “Company” and, together with its subsidiaries, the “Group”) SAE confirms amendment to Debenture Deed Following the update on the 25 May 2022, SAE is pleased to confirm that Atlantis Ocean Energy debenture holders have approved the amendment to the debenture deed which will: Extend the Maturity Date…
Read MoreSAE issues a request to amend Debenture Deed
25 May 2022 SIMEC ATLANTIS ENERGY LIMITED(“SAE”, the “Company” and, together with its subsidiaries, the “Group”) SAE issues a request to amend Debenture Deed SAE’s subsidiary Atlantis Ocean Energy has issued a communication to its debenture holders passed via Abundance requesting an amendment to the debenture deed which will: Extend the Maturity Date from 30…
Read MoreSAE signs £40m contract for one of UK’s largest Battery Storage Projects at Uskmouth
SIMEC ATLANTIS ENERGY LIMITED(“SAE”, the “Company” and, together with its subsidiaries, the “Group”) SAE signs £40m contract for one of UK’s largest Battery Storage Projects at Uskmouth SAE is delighted to announce that it has entered an agreement with Energy Optimisation Solutions and Quinbrook Infrastructure Partners via their portfolio company Uskmouth Energy Storage Limited (’UES’)…
Read MoreSAE develops new future for Uskmouth site and releases value from existing asset
28 April 2022 SIMEC ATLANTIS ENERGY LIMITED(“SAE”, the “Company” and, together with its subsidiaries, the “Group”) SAE develops new future for Uskmouth site and releases value from existing asset SAE is pleased to provide an update on the transition of the Uskmouth site into a sustainable energy park, which as a first step includes plans…
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