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REG - SIMEC AtlantisEnergy - SAE achieves another major milestone

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RNS Number : 4200A  SIMEC Atlantis Energy Limited  24 May 2023

24 May 2023

 

SIMEC Atlantis Energy Limited

("SAE", the "Company" and, together with its subsidiaries, the "Group")

 

 

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

 

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 largest BESS projects (230MW/460MWh).

 

SAE continues to make excellent progress on its business objectives and world
leading projects and this is another major milestone for the company.

 

The Company will further update in due course.

 

 

 

 

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 with a diverse portfolio in various stages of development.

https://www.saerenewables.com/ (https://www.saerenewables.com/)

 

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