INNOVATORS OF SUSTAINABLE ALTERNATIVE ENERGY PROJECTS

ABOUT US

We are SIMEC Atlantis Energy. Our aim is to be a global leader in the creation of new, sustainable energy projects for the benefit of our planet. We are passionate about what we do. Our sustainable energy projects are not just good business, they are making a meaningful contribution towards tackling two of the biggest issues currently facing society – climate change and the war on plastic.

Sustainably fuelled generation

We have pioneered the conversion of existing coal fired power stations to use waste derived fuel pellets. We have the technical expertise to help reduce the global use of coal around the world.

Tidal Stream Power

We are global leaders in tidal energy system design, development and operation.

Our flagship project MeyGen harnesses the power of the tides to generate clean, renewable energy to the grid.

MISSION, VISION & VALUES

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OUR VISION

To be a global leader in the creation of new, sustainable energy projects for the benefit of our planet

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OUR MISSION

To collaborate and innovate to reduce costs and deliver sustainable energy projects

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OUR VALUES

Today – We are an innovative and dedicated team

Tomorrow – Through collaboration and teamwork we will become truly global and achieve our vision

Always – We always value the safety of each other, our communities and the environment

SAE is delighted to announce signing a £40m contract for one of UK’s largest Battery Storage Projects at Uskmouth: https://simecatlantis.com/sae-signs-40m-contract-for-one-of-uks-largest-battery-storage-projects-at-uskmouth/

Update on Abundance Bonds

By Admin | July 1, 2022

SIMEC ATLANTIS ENERGY LIMITED (“SAE”, the “Company” and, together with its subsidiaries, the “Group”) Update on Abundance Bonds Further to the update on 10 June, SAE is pleased to announce that Atlantis Future Energy debenture holders have voted to accept the request made to defer interest payments falling due on 30 June 2022. This means…

Final Results Announcement

By Admin | June 29, 2022

SIMEC ATLANTIS ENERGY LIMITED (“SAE”, the “Company” and, together with its subsidiaries, the “Group”) Final Results Announcement SAE announces its final results for the year ended 31 December 2021. A complete version of the Annual Report and Accounts can be found on the Company website. Financial Highlights The MeyGen project generated revenues of £1.6 million…

SAE confirms amendment to Debenture Deed

By Admin | June 10, 2022

10 June 2022 SIMEC ATLANTIS ENERGY LIMITED(“SAE”, the “Company” and, together with its subsidiaries, the “Group”) SAE confirms amendment to Debenture Deed Following the update on the 25 May 2022, SAE is pleased to confirm that Atlantis Ocean Energy debenture holders have approved the amendment to the debenture deed which will: Extend the Maturity Date…

SAE issues a request to amend Debenture Deed

By Admin | May 25, 2022

25 May 2022 SIMEC ATLANTIS ENERGY LIMITED(“SAE”, the “Company” and, together with its subsidiaries, the “Group”) SAE issues a request to amend Debenture Deed SAE’s subsidiary Atlantis Ocean Energy has issued a communication to its debenture holders passed via Abundance requesting an amendment to the debenture deed which will: Extend the Maturity Date from 30…

SAE signs £40m contract for one of UK’s largest Battery Storage Projects at Uskmouth

By Admin | May 24, 2022

SIMEC ATLANTIS ENERGY LIMITED(“SAE”, the “Company” and, together with its subsidiaries, the “Group”) SAE signs £40m contract for one of UK’s largest Battery Storage Projects at Uskmouth SAE is delighted to announce that it has entered an agreement with Energy Optimisation Solutions and Quinbrook Infrastructure Partners via their portfolio company Uskmouth Energy Storage Limited (‘UES’)…

SAE develops new future for Uskmouth site and releases value from existing asset

By Admin | April 28, 2022

28 April 2022 SIMEC ATLANTIS ENERGY LIMITED(“SAE”, the “Company” and, together with its subsidiaries, the “Group”) SAE develops new future for Uskmouth site and releases value from existing asset SAE is pleased to provide an update on the transition of the Uskmouth site into a sustainable energy park, which as a first step includes plans…

SAE in discussions with Abundance Investment Limited regarding Atlantis Ocean Energy PLC debentures

By Admin | April 27, 2022 |

27 April 2022 SIMEC ATLANTIS ENERGY LIMITED (“SAE”, the “Company” and, together with its subsidiaries, the “Group”) SAE in discussions with Abundance Investment Limited regarding Atlantis Ocean Energy PLC debentures SAE has entered into discussions with Abundance Investment Limited regarding extending the timing of the repayment of the Atlantis Ocean Energy PLC debentures. As previously…

SAE announces new CFO to drive forward the delivery of its projects

By Admin | April 25, 2022 |

25 April 2022 SIMEC ATLANTIS ENERGY LIMITED (“SAE”, the “Company” and, together with its subsidiaries, the “Group”) SAE announces new CFO to drive forward the delivery of its projects SAE is pleased to announce that Mr Simon Hirst has been appointed as an Executive Director of the Company and will serve as the Group Chief…

SAE secures funding from Scottish Enterprise

By Admin | April 1, 2022 |

SIMEC ATLANTIS ENERGY LIMITED (“SAE”, the “Company” and, together with its subsidiaries, the “Group”) SAE secures funding from Scottish Enterprise to get tidal turbines back in the water SAE is delighted to announce that MeyGen has secured a non-convertible loan of £2.5m from Scottish Enterprise, which will enable the redeployment of the remaining two turbines…

SAE signs Heads of Terms to progress Uskmouth Sustainable Energy Park

By Admin | March 22, 2022 |

22nd March 2022 SIMEC ATLANTIS ENERGY LIMITED (“SAE”, the “Company” and, together with its subsidiaries, the “Group”) SAE signs Heads of Terms to progress Uskmouth Sustainable Energy Park SAE is continuing to progress the development of the Uskmouth site into a sustainable energy park. To facilitate this, SIMEC Group, a c.29.7% shareholder in the Company…

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