SIMEC Atlantis’ interim results show a reduction in losses with more progress expected now that it has three turbines operational at the MeyGen tidal energy project in Northern Scotland. Receipt of the initial £6m payment on the Uskmouth battery project gives the company additional support with a further c. £5m due in the next 14 months.
30 Sep 2022
SIMEC Atlantis - Interims Show Reduced Losses
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
SIMEC Atlantis - Interims Show Reduced Losses
SIMEC Atlantis Energy Ltd. (SAE:LON) | 0.8 0 0.0% | Mkt Cap: 6.14m
- Published:
30 Sep 2022 -
Author:
Adam Forsyth -
Pages:
3
SIMEC Atlantis’ interim results show a reduction in losses with more progress expected now that it has three turbines operational at the MeyGen tidal energy project in Northern Scotland. Receipt of the initial £6m payment on the Uskmouth battery project gives the company additional support with a further c. £5m due in the next 14 months.