REG - SIMEC AtlantisEnergy - Milestone reached in BESS project

SIMEC Atlantis EnergyAnnouncement

11/01/2024 07:00

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RNS Number : 3212Z  SIMEC Atlantis Energy Limited  11 January 2024

11 January 2024

 

 

SIMEC Atlantis Energy Limited

("SAE Renewables", "SAE" or the "Company")

 

 

Major milestone reached in BESS project

 

SAE is pleased to announce that the next Battery Energy Storage System
("BESS") project at the Uskmouth site has been granted planning consent with
conditions by Newport City Council.  This is another significant milestone in
the business's plan to develop 1GW of BESS at the Uskmouth Sustainable Energy
Park, as set out in the business update provided on 5 December 2023.

 

The 120MW project is being developed alongside Enso Green Holdings Limited and
will be built at the site of the power station's cooling towers. SAE has
commissioned and mobilised the demolition works on the cooling towers to
prepare the site for construction. SAE will provide further updates as the
project progresses.

 

 

For further information, please contact:

 

 SAE Renewables                                           +44 (0)7739 832 446

 Sean Parsons, Director of External Affair

 Strand Hanson Limited (Nominated and Financial Adviser)  +44 (0)20 7409 3494

 Richard Johnson

 Rory Murphy

 David Asquith

 Zeus Capital Limited (Broker)                            +44 (0)20 3829 5000

 Louisa Waddell

 Simon Johnson

 

Notes to Editors

SAE Renewables is a global developer, owner and operator of sustainable energy
projects. SAE owns the world's flagship tidal stream project, MeyGen. SAE is
also the owner of the Uskmouth Power Station site that is being repurposed
into a sustainable energy park, initially housing one of the UK's largest
battery energy storage projects. https://www.saerenewables.com/
(https://www.saerenewables.com/)

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