Our Next Chapter
At Simec Atlantis Energy (SAE) we have set ourselves an audacious goal of becoming one of the largest independent generators of sustainable energy in Europe. SAE is a global developer of renewable and sustainable energy projects with more than 1,000 megawatts of power projects in various stages of development which includes the world’s flagship tidal stream project, MeyGen and the conversion of the Uskmouth power station from coal-fired generation to 220MW of baseload generation from waste-derived pellets which will help to address the UK’s non-recyclable waste problems.
Our heritage is in tidal power generation where we forged a reputation as a world leader in the development of tidal generation systems and the delivery of commercial-scale tidal power projects. We are now building on this history of successful power project generation through our partnership with SIMEC, a member of the GFG Alliance. The SIMEC partnership provides us with transformational growth prospects as we move into an exciting new era, building a diversified sustainable energy business of material scale with the support of SIMEC and the GFG Alliance.
Our focus now is on progressing the proposed conversion of the SUP power station and seizing the opportunities associated with the GFG Alliance’s high-quality renewable power asset pipeline by acquiring and developing operational, cash yielding projects to drive the business forward and create a renewable energy platform that will deliver attractive returns for our shareholders.
Our aspiration is to quickly build a diversified portfolio of operational, cash generative assets from sources including large hydro, mini-hydro, pumped hydro storage, energy from waste, tidal stream, tidal range and traditional battery storage.
SIMEC Atlantis Energy has a corporate presence in London where we are co-located with the GFG Alliance team in Mayfair. Our commercial and project development teams are based in Edinburgh. We have an operations base located at Nigg Energy Park in Invergordon and our turbine and engineering services division is located in Bristol, England. SIMEC Atlantis Energy is quoted on the London AIM Stock Exchange (ticker SAE:LN) and currently employs 92 experienced staff.
Our core business is to develop, finance, construct and operate large-scale, renewable energy projects in the United Kingdom, Europe, North America, Asia and emerging markets. We deliver world-class renewable project development strategies using our internationally renowned transaction team. We also have a turbine and engineering services division, which designs, supplies and maintains world-leading tidal turbines and subsea connection equipment.
We partner with governments utilities and large corporations to deliver world-leading projects, on time, safely and on the budget meeting their national/corporate ambitions.
Read more about who we are