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SIMEC Atlantis Energy (SAE) Share News

IN BRIEF: SIMEC Atlantis wins contract to deliver power at MeyGen

7th Jul 2022 11:53

SIMEC Atlantis Energy Ltd - Edinburgh-based energy company - Wins government support to deliver the next phase of tidal projects. It says it has successfully secured a contract for difference in the latest allocation round for MeyGen site in Scotland. SAE says the CfD guarantees GBP178.54 per megawatt hour for 15 years. The firm it will deliver "28MW of clean, home-sourced, predictable power." Read More

TRADING UPDATES: Scotgems to vote on liquidation; Mkango names new CFO

1st Jul 2022 21:53

(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

AIM WINNERS & LOSERS: Deltic rises on Shell deal; Windar down on delay

29th Jun 2022 11:38

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More

SIMEC Atlantis Energy shares tumble on sharp loss in 2021

29th Jun 2022 11:04

(Alliance News) - SIMEC Atlantis Energy Ltd on Wednesday posted a greatly widened loss as it described the past 12 months as "very challenging". Read More

IN BRIEF: SIMEC Atlantis Energy wins extension on debenture deed

10th Jun 2022 17:32

SIMEC Atlantis Energy Ltd - Edinburgh-based energy company - Wins a one year extension to the maturity date of its Atlantis Ocean Energy debenture deed to June 30, 2023. The interest due on June 30 will now be paid late but company notes this will be paid no later than September 30. Company also formally requests from Atlantis a deferral of up to three months for interest payment due on June 30. The request for the deferral requires the agreement of 75% by value of debenture holders. Read More

SIMEC Atlantis Energy surges on GBP40 million battery storage contract

24th May 2022 14:05

(Alliance News) - SIMEC Atlantis Energy Ltd on Tuesday said it has signed a GBP40 million contract for a battery storage project at Uskmouth. Read More

AIM WINNERS & LOSERS: SIMEC wins bumper deal; boohoo settles claim

24th May 2022 11:02

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More

IN BRIEF: SIMEC Atlantis Energy falls on debt repayment discussions

27th Apr 2022 16:04

SIMEC Atlantis Energy Ltd - Edinburgh-based energy company - Enters into discussions with Abundance Investment Ltd to extend the timing of the repayment of its Atlantis Ocean Energy PLC debentures. Says it needs more time to make the repayment due to delays at its projects, in particular at its Uskmouth site. These debentures were issues in 2017 and totalled GBP5 million. They were due for repayment on June 30. Company adds it will formally request an extension and potentially a deferral of the upcoming interest payment "shortly". Read More

IN BRIEF: SIMEC Atlantis promotes Hirst to CFO, executive director

25th Apr 2022 20:22

SIMEC Atlantis Energy Ltd - Edinburgh-based renewable energy producer - Promotes Simon Hirst to role of chief financial officer and executive director. Hirst has worked at SAE since 2015 and has primarily been responsible for all financial and commercial aspects of the MeyGen project. Says Andrew Charters has resigned his position on the board and has stepped down as CFO. He will remain with the group during a transition period, it adds. Read More

AIM WINNERS & LOSERS: Quiz shares in style as sales top expectations

1st Apr 2022 09:56

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday. Read More

SIMEC Atlantis Energy soars on GBP2.5 million loan for MeyGen project

1st Apr 2022 09:54

(Alliance News) - SIMEC Atlantis Energy Ltd shares soared on Friday after the energy producer said that it secured a non-convertible loan of GBP2.5 million from Scottish Enterprise for its MeyGen tidal stream project. Read More

TRADING UPDATES: Marlowe makes acquisition; Kavango backs out of deal

22nd Mar 2022 21:00

(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

TRADING UPDATES: Kavango eyes acquisition; PYX ups zicron price

21st Mar 2022 19:11

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More