MeyGen News
Ultimate Beneficial Owner Notification
AMPEAK ENERGY LIMITED (“Ampeak Energy” or the “Company”) Ultimate Beneficial Owner Notification Ampeak Energy announces that it was notified that Landpad Pte. Limited has completed the acquisition of 100% of the shares of SIMEC UK Energy Holdings Limited (“SUEH”), the largest shareholder in Ampeak Energy, from the SIMECGroup. Landpad Pte. Limited is wholly owned by…
Read MoreMey BESS Consent
AMPEAK ENERGY LIMITED (“Ampeak Energy” or the “Company”) Mey BESS Consent Ampeak Energy is pleased to announce that it has today received notification from the Energy Consents Unit that Scottish Ministers have granted Section 36 consent (“Consent”) for the Company’s Mey BESS battery storage project in the North of Scotland (the “Mey BESS Project”). The…
Read MoreOffshore works completed at MeyGen site
AMPEAK ENERGY LIMITED (“Ampeak Energy” or the “Company”) Offshore works completed at MeyGen site Ampeak Energy and Proteus Marine Renewables have successfully completed works at the world-leading MeyGen tidal stream project in Scotland’s Pentland Firth. The offshore works involved three of the four turbines, and a series of inspection, maintenance and redeployment operations were successfully…
Read MoreSAE brings full power to MeyGen tidal stream site
SAE is pleased to announce that, following the successful deployment of turbine 4, the world leading MeyGen tidal stream site now has all four turbines fully operational. This means that the site is now at full power for the first time, delivering 6MW of predictable, renewable power. Since deployment in 2016 the turbines operated by…
Read MoreSAE secures support to deliver another phase at the world leading MeyGen project
SAE is delighted to announce that it has successfully secured 4 Contracts for Difference (CfD) in the latest allocation round, for the world leading MeyGen site. These CfD contracts, which guarantees £198 (£/MWh), for 15 years from 31st March 2028 commissioning date, will allow SAE to deliver a total of c.22MW of clean, home-sourced, predictable…
Read MoreResults of Annual General Meeting
SIMEC Atlantis Energy Limited (“SAE Renewables”, “SAE” or the “Company”) Results of Annual General Meeting SAE announces the results of its Company’s Annual General Meeting, held today, August 11th 2023. Resolutions 1 to 7 and resolution 9 were duly passed. Resolution 8, proposed as an ordinary resolution relating to the disapplication of pre-emption rights,…
Read MoreFinal results for the year ended 31 December 2022 and notice of the AGM
SIMEC Atlantis Energy Limited (“SAE Renewables”, “SAE” or the “Company”) Final results for the year ended 31 December 2022 and notice of the AGM SAE announces its final results for the year ended 31 December 2022. A complete version of the 2022 Annual Report and Accounts (“2022 Annual Report”) can be found here: https://ampeak.energy/investor-relations/company-documents/. The…
Read MoreSAE receives next payment for BESS project
SIMEC Atlantis Energy Limited (“SAE Renewables”, “SAE” or the “Company”) SAE receives next payment for BESS project Further to the Company’s announcement on 23 February 2023, SAE is pleased to confirm that it has now received the £4.0m development premium from Uskmouth Energy Storage Limited (“UES”), as part of the arrangements that allow UES to…
Read MoreSAE Renewables successfully deploys upgraded turbine
SIMEC Atlantis Energy Limited (“SAE Renewables”, the “Company” and, together with its subsidiaries, the “Group”) SAE Renewables successfully deploys upgraded turbine SAE is pleased to announce the successful deployment of ‘Turbine 2’ at the MeyGen site. The turbine has undergone significant upgrades to improve performance and reliability. One of the major steps was to convert…
Read MoreMeyGen site generates the world’s first 50GWh of electricity from tidal power
I’m excited to announce a significant milestone for our MeyGen project, for the industry and on our net zero and energy security journey. During the early hours of this morning, and with only marine life for company, our tidal stream array off the coast of the Pentland Firth became the first tidal stream array in…
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