REG - SIMEC AtlantisEnergy - Uskmouth update

SIMEC Atlantis EnergyAnnouncement

27/01/2022 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220127:nRSa7519Za&default-theme=true

RNS Number : 7519Z  SIMEC Atlantis Energy Limited  27 January 2022

 

 

 

RNS

27 January 2022

SIMEC ATLANTIS ENERGY LIMITED
("SAE", the "Company" and, together with its subsidiaries, the "Group")

 

Uskmouth update

 

SAE is pursuing a phased approach to the Uskmouth Conversion Project, which
will not require the additional infrastructure, such as storage silos,
referred to within the planning application as the "Operational Development".
SAE has notified Planning and Environment Decisions Wales (PEDW) of the
withdrawal of the planning application for works in relation to the Uskmouth
Power Station Conversion Project.

 

The Company will now focus on securing environmental permitting as the first
phase of the project. SAE has confirmed with the Welsh Minister and PEDW that
it will continue to engage with the call in process related to the application
to vary the existing environmental permit. SAE has demonstrated to the
independent environmental regulatory body, Natural Resources Wales, that the
converted Uskmouth Power Station would operate within stringent environmental
legislation.

 

SAE will engage with the Welsh Ministers and PEDW to enable the awarding of
the environmental permit variation in order to proceed with the first phase of
the Uskmouth Conversion Project.

 

Given how critical the conversion is to the South Wales Industrial Cluster
(SWIC), SAE looks forward to working closely with Welsh Government, SWIC and
associated partners to create a Sustainable Energy Park at Uskmouth. The
Uskmouth Sustainable Energy Park will enable the development of new innovative
decarbonising technologies, alongside the ongoing development of the Uskmouth
Conversion Project. The Sustainable Energy Park will create jobs, and bring
investment to the local economy and beyond

 

 

 

For more information please contact:

 

 SIMEC Atlantis Energy Limited               +44 (0) 7739 832 446
 Sean Parsons, Director of External Affairs
 Investec Bank PLC - NOMAD and Joint Broker  +44 (0) 20 7597 5970
 Jeremy Ellis

 Ben Griffiths

 Arden Partners PLC - Joint Broker           +44 (0) 20 7614 5900

 Ruari McGirr

 Richard Johnson

 Simon Johnson

 

Notes to Editors

 

SIMEC Atlantis Energy

 

SAE is a global developer, owner and operator of sustainable energy projects
with a diverse portfolio in various stages of development. This includes a 77
per cent. stake in the world's largest tidal stream power project, MeyGen, 100
per cent. of the 220MW Uskmouth Power Station conversion project.

 

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

 

More on the MeyGen Project: https://simecatlantis.com/projects/meygen/
(https://simecatlantis.com/projects/meygen/)

More on the Uskmouth Project:
https://simecatlantis.com/project-development-operation/simec-uskmouth-power/
(https://simecatlantis.com/project-development-operation/simec-uskmouth-power/)

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  UPDBLGDBDBDDGDL