SIMEC Atlantis Energy Limited (GB:SAE) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
SIMEC Atlantis Energy Limited (SAE) has successfully secured a Contract for Difference, facilitating a capacity increase of approximately 9MW for its MeyGen project in Scotland. The project, which has already produced more energy than any other tidal stream site globally, will reach a development size of 59MW with the addition of this new phase to the existing 6MW. SAE is actively engaging with global partners to realize this expansion, aiming to bolster the UK’s renewable energy production.
For further insights into GB:SAE stock, check out TipRanks’ Stock Analysis page.