SIMEC Atlantis Energy Limited (GB:SAE) has released an update.
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SIMEC Atlantis Energy Limited (SAE) unveils its transformational final results for 2023, highlighting a leap to a £23.2m profit, a 292% revenue surge to £15.3m, and a significant reduction in debt and operating costs. These financial milestones are laying the groundwork for SAE’s ambitious pipeline of sustainable energy projects, in line with the UK’s Net Zero 2050 goal. Operational achievements include the advancement of large-scale battery energy storage systems at the Uskmouth site, with a focus on transitioning towards being an Independent Power Producer.
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