SAE has announced that it has reached financial close on the company’s AW1 BESS project in South Wales. This is a significant moment for the company, demonstrating that it can independently work up one of its BESS projects and progress it to construction, while maintaining a significant equity stake. Construction is underway, targeting first operations in Q1 2027. This all has positive implications for future company cash flows, and the value of the extensive BESS project portfolio for sharehold ....

06 Aug 2025
SIMEC Atlantis Energy (SAE LN) - AW1 project financial close - Corporate

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SIMEC Atlantis Energy (SAE LN) - AW1 project financial close - Corporate
Ampeak Energy Limited (AMP:LON) | 2.4 0 0.0% | Mkt Cap: 17.0m
- Published:
06 Aug 2025 -
Author:
Daniel Slater, CFA -
Pages:
6 -
SAE has announced that it has reached financial close on the company’s AW1 BESS project in South Wales. This is a significant moment for the company, demonstrating that it can independently work up one of its BESS projects and progress it to construction, while maintaining a significant equity stake. Construction is underway, targeting first operations in Q1 2027. This all has positive implications for future company cash flows, and the value of the extensive BESS project portfolio for sharehold ....