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 |
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| Strand Hanson Limited (Nominated and Financial Adviser) Richard Johnson Rory Murphy David Asquith
| +44 (0)20 7409 3494 |
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| Zeus Capital Limited (Broker) Louisa Waddell Simon Johnson
| +44 (0)20 3829 5000 |
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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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