It has a market capitalisation of £13,764 m, with approximately 492 m shares in issue.

The length of power export cable as well as the amount of onshore conversion equipment required for grid connection will be significantly reduced, as will the amount of horizontal directional drilling required and the amount of vessel time required for cable installation. What if I invested £1,000 in Simec Atlantis? ", Also, small tidying up announcement:- Highlights Can anyone make any sense out of the announcement of the results of the placing and open offer? - will provide long-term visibility on earnings and cash flow generation; More about Simec Atlantis. Over the last year, Simec Atlantis share price has been traded in a range of 23.5, hitting a high of 30.00, and a low of 6.50.

SIMEC ATLANTIS ENERGY LIMITED https://www.investeg. Learn about all aspects of Simec Atlantis Energy, from our renewable energy tidal turbine operations to our management structure & business values. to the mid-market closing price of 17 pence on 27 March 2019, being the last practicable trading day prior to release of this announcement. SIMEC Atlantis Energy Limited -- The acquisition of SIMEC GHR, once completed (subject to the satisfaction of a number of pre-conditions): - illustrates the benefits and inherent value to the Company of its access to the GFG Alliance's pipeline of renewable power assets and the support of SIMEC. Over the last year, Simec Atlantis share price has been traded in a range of 23.5, hitting a high of 30.00, and a low of 6.50. SIMEC Atlantis Energy Limited ("Atlantis"), a diversified sustainable energy generation company, is pleased to announce that it has today awarded a contract to subsea engineering specialists ETA Limited for the manufacture and delivery of the world's most advanced subsea tidal turbine connection system which will underpin the MeyGen extension activities known as Project Stroma. Latest note out this morning https://bit.ly/2Uu2z. Tim Cornelius, CEO of SIMEC Atlantis Energy, commented: Leveraging technologies developed for the oil & gas and offshore wind industries, we have adapted tested products to our new turbine design to deliver an approximate 50% reduction in the CAPEX costs on a per turbine basis associated with turbine grid connection compared to MeyGen Phase 1. An adaption of our hub will be able to connect multiple floating offshore wind turbines in deep water, helping this industry on its cost down trajectory." Simec Atlantis Energy Limited Ord Npv (Di) is listed on the London Stock Exchange trading with ticker code SAE.L. - will provide a platform for further growth by the establishment of a leading hydroelectric platform of scale providing opportunities for the Company to pursue both organic growth and complementary bolt-on acquisitions; SIMEC Atlantis Energy is listed on the London AIM stock exchange and has the ticker SAE:LN. It seems to say that together the two elements raised £5m, but the total number of shares appears to be double the stated intention and would raise £10m @ 16p. Share Chart. Completion of this acquisition together with our portfolio of hydro, tidal power and waste-to-energy projects across Scotland and Wales, would make us an important player in the United Kingdom's endeavours to decarbonise responsibly whilst at the same time creating domestic employment opportunities and attracting inward investment. -- A further announcement will be made on the closing of the Placing and the PrimaryBid Offer which is expected to occur tomorrow.

Interesting. The 1 year high share price is 32.10p while the 1 year low share price is currently 6.88p. The latest Simec Atlantis Energy share price (SAE). "The iconic MeyGen project is once again at the forefront of the development of the marine energy industry in Europe.

For accurate share price and volume information, please refer to the London Stock … -- Update in relation to the proposed acquisition of SIMEC Green Highlands Renewables, originally announced on 23 November 2018. ", 11 February 2019 Search SIMEC Atlantis Energy… Investor Relations.

Find the latest SIMEC ATLANTIS ENERGY LIMITED O (SAE.L) stock quote, history, news and other vital information to help you with your stock trading and investing. ("Atlantis", the "Company" or the "Group") Management are currently exploring a number of funding options for the capital expenditure associated with Project Stroma, including a potential issue of the Company's first listed bond.

Nobody has posted any Simec Atlantis insights yet, Recent share chat for Simec Atlantis (SAE.L), Recent insights for Simec Atlantis (SAE.L). Some chunky looking trades going through on the offer at the moment.