SAE has announced new loan funding to be used for its AW1 project at its Uskmouth site in South Wales. This will allow the project to pursue ordering of long lead items and complete payment to allow SAE to take full ownership of the project, while the company continues to pursue project financial close, targeted for the coming months.

16 Apr 2025
SIMEC Atlantis Energy (SAE LN) - Loan secured to progress AW1 project - Corporate

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SIMEC Atlantis Energy (SAE LN) - Loan secured to progress AW1 project - Corporate
SIMEC Atlantis Energy Ltd. (SAE:LON) | 2.3 0 0.0% | Mkt Cap: 16.6m
- Published:
16 Apr 2025 -
Author:
Daniel Slater, CFA -
Pages:
5 -
SAE has announced new loan funding to be used for its AW1 project at its Uskmouth site in South Wales. This will allow the project to pursue ordering of long lead items and complete payment to allow SAE to take full ownership of the project, while the company continues to pursue project financial close, targeted for the coming months.