Member Info for oldtramp

Read this one mate
https://www.lse.co.uk/rns/SAE/acquisition-of-green-highland-renewables-update-an8w71j9pz2j46e.html
Selling them to pay this lol

OHS i think its possible we will get a few institutional investors arriving soon?

On a lighter note good to see we are finalists for Champion of Renewables Award
https://www.scottishrenewables.com/events/112-sgea20?utm_source=Twitter&utm_medium=Social%20post&utm_campaign=SGEA20
Announced on twitter https://twitter.com/simecatlantis?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

Personally I think your chickens are safe OHS don’t think Mr Wolf will be coming for them.

Think its fair to say the appointments today have gone down well implying that Uskmouth is somewhat de risked

Mother of all corrections ! Prob worth another read of this even Viridor get a mention
https://theenergyst.com/simec-atlantis-ceo-share-price-set-for-the-mother-of-all-corrections/

Interesting idea OHS did you read this ?
https://www.viridor.co.uk/plastics/trading-polymers/
Also from your link I noticed “
Options
Options now under consideration are understood to involve the sale of the recycling business as a whole, or the potential for sale of specific material streams or on a site by site basis.”
One things for sure we are going to need plants and this way would be far cheaper and quicker than building them

This is a prime example of how research can benefit us. To most folks they would not see the relevance of this RNS !!

Finally checked out Normandie Hydroliennes JV
https://simecatlantis.com/2020/06/22/normandy-prefecture-approves-transfer-of-12mw-tidal-power-development-lease-from-engie-to-normandie-hydroliennes/
Again all seems well and again to be self funded found a few links in French and a couple of tweets from various sources which makes me believe all is progressing as planned.
Can post if anyone wants but probably a bit more boring (if possible ) than my usual links.

Evening all
BDD Q1 I Believe financial close is due Q1 2021
Q2 RE Recycling reshi I remerber him he said he knew the director of N+P son was also on about Teesside opening .Perhaps he will come back and update us ?
Silentalker/Celery Agree cant see Brexit making any difference to Uskmouth or indeed N+P On the contrary as the JV formed they are looking at opening more plants in uk
Regarding Meygen project Storma They have finished that phase of project which was EU funded The next phase they aim to fund it with one of these options
https://renews.biz/54195/simec-atlantis-preps-meygen-cfd-bid/
I guess i am the only one that thinks tidal power will contribute reasonably quickly to SP movement ! lol
Hope that helps chaps GLA

Project tiger the main one have funding sorted and contracts signed so fair to say that is ok Good question though I did read that the gov would honour any current contracts in the case of a no deal however can’t think of any that could be of concern

Top work Phyl and good to know all is on track thanks for update

Posted this a while back if you are interested in Tidal energy it is well worth a read
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/913042/marine-energy-projects-call-for-evidence.pdf

Sure that in itself is a nice thought as we know from latest accounts it is making a good chunk of cash with 4 turbines .
Then if we look at the proposed overall project we can add another 265 turbines ! Which we do have permission for i must add
https://www.johnogroat-journal.co.uk/news/next-stage-of-meygen-project-to-go-ahead-178509/
Loads more info on simec site

Phyl just think of the turbines generating electricity in the sea in Scotland earning us money as we speak using no fuel just tidal energy

very tight spread today can buy at 23.50

Can come anytime BDD Its currently 23.69 to buy so not sells showing GLA

And finally quite possible some news or updates from any of these projects ?At the bottom of the page you can see there is quite a lot of them.
https://simecatlantis.com/projects/

I know they have been trying to get funding for these projects for years for obvious reasons there is now a renewed interest .Looking forward to the overdue energy white paper should be a lot of relevant news for SAE

Should have added this http://www.tidallagoonpower.com/team/sanjeev-gupta/