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(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.
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(Alliance News) - SIMEC Atlantis Energy Ltd on Wednesday said it successfully deployed Turbine 2 at the MeyGen site, after undergoing significant upgrades to improve performance and reliability.
Read moreSIMEC Atlantis Energy Ltd - Edinburgh-based energy company focused on tidal energy - Says shares will be suspended on Monday next week, because it will not publish full-year results by Friday this week, as required under AIM listing rules. Says the delay is due to the board "working hard" to sign the 30-year land lease for the 230 megawatt battery energy storage system project at the group's Uskmouth site, which completed on Tuesday last week. The delay is also due to awaiting approval from the holders of the AOE17 debentures to extend the maturity date of their bonds to June 30, 2024, which completed on Monday. Says it expects to publish its annual results during July, as while the audit process is yet to be completed, it has been advised by the auditors that the audit is "substantially complete" and that there are "no material audit issues" causing the delay.
Read moreSIMEC Atlantis Energy Ltd - Edinburgh-based energy company focused on tidal energy - Says subsidiary SAE Renewables's debenture extension from June 30, 2023 to June 30, 2024 has been approved by holders of the debentures issued in 2017 through Atlantis Ocean Energy. Says holders will pay enhanced interest rate of 10% for the extension period.
Read moreSIMEC Atlantis Energy Ltd - Edinburgh-based energy company focused on tidal energy - Notes SAE Renewables announcement to the holders of the debentures issued in 2017 through Atlantis Ocean Energy. Extends the AOE17 debenture maturity date to June 30, 2024, from 30 June, 2023. Says holders will pay an enhanced interest for the extension period of 10%.
Read moreSIMEC Atlantis Energy Ltd - Edinburgh-based energy company focused on tidal energy - Announces Atlantis Future Energy debenture holders have approved amendment to 2018 debenture dead, extending maturity date to March 31, 2024 from March 31, 2023. Also increases the interest rate paid on the bond to March 31, 2024 from April 1, 2023 to 10% per years. Follows the announcement in late February, when it asked bondholders to agree to delay repayment of GBP5.0 million debt due on March 31. This is because it will receive funds from annual lease income of its 230 megawatt/460 megawatt hours battery energy storage solutions project, which it estimates in either the second or third quarter of 2023.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
Read more(Alliance News) - SIMEC Atlantis Energy Ltd on Friday said Newport City Council in Wales gave it conditional planning consent for a 230 megawatt/460 megawatt per hour battery energy storage system at the Uskmouth site.
Read more(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
Read more(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 more(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 more(Alliance News) - The following is a round-up of updates by London-listed companies, issued last week and not separately reported by Alliance News:
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued last week and not separately reported by Alliance News:
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued last week and not separately reported by Alliance News:
Read more
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