Infrastrata PLC Extension of Public Consultation (3266C)
07 Febbraio 2020 - 9:38AM
UK Regulatory
TIDMINFA
RNS Number : 3266C
Infrastrata PLC
07 February 2020
InfraStrata plc
("InfraStrata" or the "Company")
Extension of Consultation Period for conversion of draft to full
marine license
InfraStrata plc (AIM: INFA), the UK quoted company focused on
strategic infrastructure projects and physical asset life-cycle
management has, in consultation with the Department of Agriculture,
Environment and Rural Affairs (DAERA), extended the on-going public
consultation period in relation to the marine licence due to the
amount of public interest shown in the Islandmagee Gas Storage
Project (the "Project").
The public consultation period will now run through until the
23(rd) March 2020. Further, Islandmagee Energy Limited will host an
additional information day at the Gobbins Centre in Islandmagee on
20 February 2020 between 4pm and 7pm.
It is not expected that this extension will delay the ongoing
process that we have kicked off to convert the draft marine licence
into a full marine licence. DAERA will continue to process
responses to the consultation process whilst simultaneously dealing
with any additional information received during this extended
period.
John Wood, CEO of InfraStrata, said: "We are delighted with the
positive response that we have received during the consultation
process. In order to accommodate further requests to attend and
learn more about the Project, we have decided to extend the
process. We remain confident that the marine license will be issued
following due process. The extensive scientific work undertaken on
the project clearly indicates that the project will comply with the
regulatory framework that is currently in place."
For further information, please visit www.infrastrataplc.com or
contact:
InfraStrata plc c/o Newgate Communications
John Wood, Chief Executive +44 (0)20 3735 8825
Allenby Capital Limited (AIM Nominated
Adviser & Joint Broker)
Jeremy Porter / Liz Kirchner +44 (0)20 3328 5656
Arden Partners plc (Joint Broker)
Paul Shackleton / Dan Gee-Summons (Corporate
Finance)
Simon Johnson (Corporate Broking) +44 (0)20 7614 5900
Newgate Communications (PR)
Elisabeth Cowell/ Ian Silvera/Jamie Williams +44 (0)20 3757 6880
Notes to editors:
InfraStrata is a London Stock Exchange-quoted group focused on
strategic infrastructure projects.
The rapid development of the 100% owned Islandmagee Gas Storage
Project is a core workstream for InfraStrata. It is expected to
provide 25% of the UK's natural gas storage capacity and to benefit
the Northern Ireland economy as a whole when complete. Given that
the Committee on Climate Change has advised that the UK will still
need a significant quantity of natural gas by 2050 - about 70% of
today's consumption - the market opportunity for this project is
compelling.
The Company also owns and operates the assets of Harland &
Wolff in Belfast, where it will undertake the fabrication work for
the Islandmagee project, as well as establish secondary revenue
streams through the provision of services to the energy, maritime
and defence sectors should such opportunities arise in future.
Mindful of the fact that safe, secure and flexible sources of
energy are needed for a sustainable future, InfraStrata is focused
on providing investors with exposure to a growing portfolio of UK,
European and international energy infrastructure projects. With
this in mind, the Company's highly experienced team is focused on
acquiring, developing and commercialising innovative infrastructure
projects around the world.
The Front-End Engineering & Design (FEED) and Insitu
Downhole Testing programme for the Islandmagee Gas Storage Project
is co-financed by the European Union's Connecting Europe
Facility.
Disclaimer releasing the European Union from any liability in
terms of the content of the dissemination materials:
"The sole responsibility of this publication lies with the
author. The European Union is not responsible for any use that may
be made of the information contained therein."
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 or visit www.rns.com.
END
MSCFZGGZRNNGGZG
(END) Dow Jones Newswires
February 07, 2020 03:38 ET (08:38 GMT)
Grafico Azioni Harland & Wolff (LSE:HARL)
Storico
Da Mar 2024 a Apr 2024
Grafico Azioni Harland & Wolff (LSE:HARL)
Storico
Da Apr 2023 a Apr 2024