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Politicians see first-hand the scale, opportunity and regeneration of the Uskmouth site
SAE was delighted on Friday 1 November 2024, to welcome Jessica Morden, the Member of Parliament for Newport East, John Griffiths, the Member of the Senedd for Newport East, and Dimitri Batrouni, the Leader of Newport City Council, to the Uskmouth site. SAE Chairman, Duncan Black, and CEO, Graham Reid, along with senior SAE team…
Read MoreSAE Investor Presentation via Investor Meet Company
SAE is pleased to announce that the Company’s CEO Graham Reid, CFO Simon Hirst, COO David Taaffe and Director of External Affairs Sean Parsons will provide a live presentation and Q&A session via Investor Meet Company on 23 Oct 2024, 10:00 BST. The presentation is open to all existing and potential shareholders. Questions can be…
Read MoreSAE launches updated website and new logo
SAE launches updated website and new logo SAE is pleased to announce that it has launched a refreshed website and new logo, reflecting the company’s evolution and new strategy. The new logo and website are designed to reflect the new strategy to move to become a full Independent Power Producer delivering Battery storage and tidal…
Read MoreFinal results for the year ended 31 December 2023 and notice of AGM
Final results for the year ended 31 December 2023 and notice of AGM SAE announces its audited final results for the year ended 31 December 2023. A complete version of the 2023 Annual Report and Accounts (“2023 Annual Report”) can be found here: http://www.rns-pdf.londonstockexchange.com/rns/6507T_1-2024-6-24.pdf The 2023 Annual Report, a notice of Annual General Meeting (“AGM”)…
Read MoreApplication for up to 300MW / 1.2GWh Scotland BESS project
Application for up to 300MW / 1.2GWh Scotland BESS project SAE is pleased to announce that it has submitted an application for Section 36 consent to the Scottish Government’s Energy Consents Unit for a battery energy storage system (“BESS”) project of up to 300MW, sized for up to 4 hours duration (1.2GWh). The project, named…
Read MoreSAE receives the next milestone payment from Battery Energy Storage System (“BESS”) project at Uskmouth Sustainable Energy Park (“USEP”)
SAE receives the next milestone payment from Battery Energy Storage System (“BESS”) project at Uskmouth Sustainable Energy Park (“USEP”) SAE is pleased to announce it has received the next milestone payment of £2m under its agreement with EL (Uskmouth) Limited (“EL”), a subsidiary of FPC Electric Land. The milestone payment was received following the…
Read MoreSAE achieves another Battery Energy Storage System (“BESS”) milestone
SAE achieves another Battery Energy Storage System (“BESS”) milestone SAE is pleased to announce that it has received the first £5m milestone payment under its agreement with EL (Uskmouth) Limited (“EL”), a subsidiary of FPC Electric Land. On 5 December 2023, SAE announced that it had agreed to sell the freehold land owned by SAE…
Read MoreCompany Auditor update
Further to shareholder approval at the Company’s extraordinary general meeting on 9 November 2023, the Company confirms that the resignation of Moore Stephens LLP has been approved by the Accounting and Regulatory Authority of Singapore, pursuant to the requirements of the Companies Act (Chapter 50) of Singapore. Consequently, Nexia Singapore PAC has been appointed as…
Read MoreMajor milestone reached in BESS project
Major milestone reached in BESS project SAE is pleased to announce that the next Battery Energy Storage System (“BESS”) project at the Uskmouth site has been granted planning consent with conditions by Newport City Council. This is another significant milestone in the business’s plan to develop 1GW of BESS at the Uskmouth Sustainable Energy Park,…
Read MoreAdoption of new LTIP and Grant of LTIP and CSOP options
SIMEC Atlantis Energy Limited (“SAE Renewables”, “SAE” or the “Company”) Adoption of new LTIP and Grant of LTIP and CSOP options SAE announces that that the Company’s Remuneration Committee has approved the adoption of a new long term incentive plan (“LTIP”), following expiry of the previous LTIP on 10 December 2023 after a ten-year…
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