RNS Number : 2239J
SIMEC Atlantis Energy Limited
09 December 2022
 

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RNS

9 December 2022

SIMEC ATLANTIS ENERGY LIMITED
("SAE", the "Company" and, together with its subsidiaries, the "Group")

 

Battery Energy Storage Project at Uskmouth receives conditional planning consent

 

SAE is pleased to announce that the planned 230MW / 460MWh battery energy storage system at the Uskmouth site has been granted planning consent with conditions by Newport City Council. As announced on 24 May 2022, SAE has been working with Energy Optimisation Solutions ("EOS") and Quinbrook Infrastructure Partners, via their portfolio company Uskmouth Energy Storage Limited ("UES"), to develop this project which will be owned and operated by UES. Following this decision we expect the remaining contractual milestones along with financial close to be achieved in Q1-23.

 

ENDS

 

For more information, please contact

SIMEC Atlantis Energy Limited

+44 (0) 7739 832 446

Sean Parsons, Director of External Affairs


Investec Bank PLC - NOMAD and Joint Broker

+44 (0) 20 7597 5970

Virginia Bull

Ben Griffiths


 

Arden Partners PLC - Joint Broker

 

+44 (0) 20 7614 5900

 

Ruari McGirr

Simon Johnson

 


 

 

Notes to Editors

 

SAE - SAE is a global developer, owner and operator of sustainable energy projects with a diverse portfolio in various stages of development.

https://www.simecatlantis.com/

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