Simec Atlantis gets first £5m under EL land sale deal
28th Mar 2024 15:58
(Sharecast News) - Simec Atlantis Energy confirmed the receipt of the first £5m milestone payment under its agreement with EL Uskmouth, a subsidiary of FPC Electric Land, on Thursday.
Read moreSimec Atlantis Energy swings to first-half profit
27th Sep 2023 10:49
(Sharecast News) - Simec Atlantis Energy announced a profit before tax of £4.5m for the first half of 2023 on Wednesday, marking a notable shift from the £8.6m loss reported during the same period last year.
Read moreSimec Atlantis Energy swings to first-half profit
27th Sep 2023 10:49
(Sharecast News) - Simec Atlantis Energy announced a profit before tax of £4.5m for the first half of 2023 on Wednesday, marking a notable shift from the £8.6m loss reported during the same period last year.
Read moreSimec Atlantis makes significant advancement in MeyGen project
8th Sep 2023 14:17
(Sharecast News) - Simec Atlantis Energy (SAE) announced a significant advancement in its MeyGen tidal power project in Scotland on Friday.
Read moreSimec Atlantis deploys substantially-upgraded turbine
5th Jul 2023 14:48
(Sharecast News) - Simec Atlantis Energy announced the successful deployment of 'Turbine 2' at the MeyGen site on Wednesday, marking a significant milestone in the company's ongoing efforts to enhance performance and reliability in tidal energy generation.
Read moreSimec Atlantis making 'good progress' with next phase of MeyGen
8th Nov 2022 12:45
(Sharecast News) - Tidal energy specialist Simec Atlantis (SAE) said in an update on Tuesday that it was making "good progress" in the delivery of the first commercial-scale tidal array in the world at the MeyGen site in Scotland.
Read moreSimec Atlantis sells 79pc of its tidal engineering business
31st Oct 2022 16:51
(Sharecast News) - Simec Atlantis Energy has agreed to the sale of a 79% stake in its advanced tidal engineering and services (ATES) division to Proteus Marine Renewables, it announced on Monday.
Read moreSimec Atlantis gets £2.5m Scottish Enterprise loan for tidal project
1st Apr 2022 16:08
(Sharecast News) - Simec Atlantis Energy announced on Friday that its majority-owned MeyGen tidal project has secured a non-convertible loan of £2.5m from Scottish Enterprise.
Read moreSimec Atlantis shares surge as receivers resign from major shareholder
23rd Jul 2021 09:36
(Sharecast News) - Sustainable energy generator Simec Atlantis Energy updated the market on the status of its major shareholder, Simec UK Energy, which holds around 41% of the company, and over which receivers were appointed in May/
Read moreMajor Simec Atlantis shareholder challenging appointment of receivers
9th Jun 2021 11:17
(Sharecast News) - Sustainable energy generation and technology company Simec Atlantis Energy updated the market on the appointment of receivers over all of the shares of its major shareholder, Simec UK Energy Holdings (SUEH), a British Virgin Islands company, on Wednesday.
Read moreSimec Atlantis makes Planning Inspectorate submission over Uskmouth project
24th May 2021 15:50
(Sharecast News) - Simec Atlantis Energy updated the market on the Uskmouth Power Station conversion project on Monday, reporting that it submitted a 'statement of case' (SOC) to the Planning Inspectorate on 21 May.
Read moreSimec Atlantis enters joint venture with N+P Group
22nd Dec 2020 08:23
(Sharecast News) - Energy generation and technology company Simec Atlantis has formally entered into a joint venture agreement with alternative fuel producer and supplier N+P Group, it announced on Tuesday.
Read moreSimec Atlantis signs heads of terms for NPA joint venture
7th Aug 2020 14:59
(Sharecast News) - Sustainable energy developer Simec Atlantis Energy announced on Friday that it has now signed a heads of terms in relation to a joint venture, NPA Fuels, with N&P Holding 2 - a wholly-owned subsidiary of Netherlands-based recycling specialist the N+P Group.
Read moreSimec Atlantis shares surge on successful testing of fuel pellets
23rd Jun 2020 14:06
(Sharecast News) - Simec Atlantis Energy announced the successful completion of industrial-scale combustion testing of the waste-derived fuel pellets to be used at the Uskmouth Conversion Project on Tuesday.
Read moreSimec Atlantis clears regulatory hurdle for Normandy tidal project
22nd Jun 2020 16:45
(Sharecast News) - Simec Atlantis Energy announced on Monday that the Prefecture de la Manche has approved the transfer of the lease to develop a 12MW tidal power project in Raz Blanchard from ENGIE to Normandie Hydroliennes.
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