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SIMEC Atlantis Energy Limited ( (GB:SAE) ) has issued an announcement.
SAE Renewables has achieved a significant planning milestone for its Afon Wysg 1 (AW1) Battery Storage project at the Uskmouth Sustainable Energy Park by discharging all pre-commencement planning conditions. This project, which SAE will build, own, and operate, is set to be one of the largest battery storage sites in the UK and aims to stimulate substantial economic growth in the local region. The milestone was achieved through collaboration with Jones Bros Civil Engineering UK and Tetra Tech, Inc., marking a step forward in SAE’s operational capabilities and regional influence.
More about SIMEC Atlantis Energy Limited
SIMEC Atlantis Energy Limited, also known as SAE Renewables, operates in the renewable energy sector. The company focuses on developing, owning, and operating sustainable energy projects, with a particular emphasis on battery storage solutions and sustainable energy parks.
YTD Price Performance: 18.92%
Average Trading Volume: 1,351,609
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £15.9M
See more insights into SAE stock on TipRanks’ Stock Analysis page.