BBC Green energy Special showcases MeyGen project
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.
Read MoreRESULTS OF THE EXTRAORDINARY GENERAL MEETING & UPDATE ON THE APPOINTMENT OF A NEW AUDITOR
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…
Read MoreExtraordinary General Meeting
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…
Read MoreDirector/PDMR dealing
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…
Read MoreInterim results
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…
Read MoreSAE secures support to deliver another phase at the world leading MeyGen project
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…
Read MoreResults of Annual General Meeting
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,…
Read MoreFinal results for the year ended 31 December 2022 and notice of the AGM
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…
Read MoreSAE receives next payment for BESS project
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…
Read MoreSAE Renewables successfully deploys upgraded turbine
SIMEC Atlantis Energy Limited (“SAE Renewables”, the “Company” and, together with its subsidiaries, the “Group”) SAE Renewables successfully deploys upgraded turbine SAE is pleased to announce the successful deployment of ‘Turbine 2’ at the MeyGen site. The turbine has undergone significant upgrades to improve performance and reliability. One of the major steps was to convert…
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