SAE Simec Atlantis Energy Limited

TIDMSAE

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 
  Sean Parsons, Director of External 
  Affair                               +44 (0)7739 832 446 
 
 Strand Hanson Limited (Nominated 
  and Financial Adviser) 
  Richard Johnson 
  Rory Murphy 
  David Asquith                        +44 (0)20 7409 3494 
 
 Zeus Capital Limited (Broker) 
  Louisa Waddell 
  Simon Johnson                        +44 (0)20 3829 5000 
 
 

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/

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May 24, 2023 02:00 ET (06:00 GMT)

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