Smart Metering Sys - Burwell grid-scale battery storage site visit
04/10/2022 07:00
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RNS Number : 6112B Smart Metering Systems PLC 04 October 2022
04 October 2022
Smart Metering Systems plc
Burwell grid-scale battery storage site visit
Smart Metering Systems plc (AIM: "SMS", the "Group"), an integrated energy
infrastructure company owning and managing meter assets, energy data, grid
scale batteries and other carbon reduction (CaRe) assets, is today hosting a
site visit for analysts and institutional investors to its first 50MW
grid-scale battery storage project at Burwell.
The presentation will be hosted by CEO Tim Mortlock and will include
presentations from key members of the grid-scale battery team and two external
industry partners, UK Power Networks and Trina Storage. The presentation will
then be followed by a tour of the battery site.
No price sensitive information will be provided during the visit.
During its H1 2022 results on 13 September 2022 the Group highlighted that the
performance of the Burwell site was well ahead of the Board's expectations and
upgraded the longer-term EBITDA per MW guidance. The site has continued to
perform strongly over the July-September period.
Following the event, the presentation and the recordings will be posted on the
investor relations section of SMS website:
https://www.sms-plc.com/investors/results-reports-presentations/
(https://www.sms-plc.com/investors/results-reports-presentations/)
For further information:
Smart Metering Systems plc 0141 249 3850
Tim Mortlock, Chief Executive Officer
Gavin Urwin, Chief Financial Officer
Dilip Kejriwal, Head of Investor Relations
Cenkos Securities plc (Joint Broker and Nomad) 0131 220 6939 / 020 7397 8900
Neil McDonald / Pete Lynch
Investec Bank plc (Joint Broker) 020 7597 5970
Christopher Baird / Henry Reast
RBC Capital Markets (Joint Broker) 020 7653 4000
Matthew Coakes / Evgeni Jordanov / Jack Wood
Instinctif Partners sms@instinctif.com (mailto:sms@instinctif.com)
Tim Linacre / Guy Scarborough / Sarah Hourahane
Notes to Editors
Smart Metering Systems plc (www.sms-plc.com) installs and manages smart
meters, energy data, grid scale batteries and other carbon reduction assets
("CaRe") to facilitate effective energy management. The Group manages and
optimises these assets through its in-house technology and data analytical
platform.
Established in 1995, SMS provides a full end-to-end service, from funding and
installation to management and maintenance, with a highly skilled workforce,
deep engineering expertise and well-established industrial partnerships.
SMS is leading the low carbon, smart energy revolution in the UK and is
committed to reducing its own carbon emissions to net zero by 2030. In 2019,
SMS was also awarded the London Stock Exchange Green Economy Mark.
SMS plc is headquartered in Glasgow with a national presence across twelve UK
locations.
SMS's shares are listed on AIM.
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