SIMEC Atlantis Energy Limited Uskmouth update (7519Z)
January 27 2022 - 1:59AM
UK Regulatory
TIDMSAE
RNS Number : 7519Z
SIMEC Atlantis Energy Limited
27 January 2022
RNS
27 January 2022
SIMEC ATLANTIS ENERGY LIMITED
("SAE", the "Company" and, together with its subsidiaries, the
"Group")
Uskmouth update
SAE is pursuing a phased approach to the Uskmouth Conversion
Project, which will not require the additional infrastructure, such
as storage silos, referred to within the planning application as
the "Operational Development". SAE has notified Planning and
Environment Decisions Wales (PEDW) of the withdrawal of the
planning application for works in relation to the Uskmouth Power
Station Conversion Project.
The Company will now focus on securing environmental permitting
as the first phase of the project. SAE has confirmed with the Welsh
Minister and PEDW that it will continue to engage with the call in
process related to the application to vary the existing
environmental permit. SAE has demonstrated to the independent
environmental regulatory body, Natural Resources Wales, that the
converted Uskmouth Power Station would operate within stringent
environmental legislation.
SAE will engage with the Welsh Ministers and PEDW to enable the
awarding of the environmental permit variation in order to proceed
with the first phase of the Uskmouth Conversion Project.
Given how critical the conversion is to the South Wales
Industrial Cluster (SWIC), SAE looks forward to working closely
with Welsh Government, SWIC and associated partners to create a
Sustainable Energy Park at Uskmouth. The Uskmouth Sustainable
Energy Park will enable the development of new innovative
decarbonising technologies, alongside the ongoing development of
the Uskmouth Conversion Project. The Sustainable Energy Park will
create jobs, and bring investment to the local economy and
beyond
For more information please contact:
+44 (0) 7739 832
SIMEC Atlantis Energy Limited 446
Sean Parsons, Director of
External Affairs
----------------------
Investec Bank PLC - NOMAD +44 (0) 20 7597
and Joint Broker 5970
----------------------
Jeremy Ellis
Ben Griffiths
----------------------
Arden Partners PLC - Joint
Broker +44 (0) 20 7614 5900
----------------------
Ruari McGirr
Richard Johnson
Simon Johnson
----------------------
Notes to Editors
SIMEC Atlantis Energy
SAE is a global developer, owner and operator of sustainable
energy projects with a diverse portfolio in various stages of
development. This includes a 77 per cent. stake in the world's
largest tidal stream power project, MeyGen, 100 per cent. of the
220MW Uskmouth Power Station conversion project.
https://www.simecatlantis.com/
More on the MeyGen Project:
https://simecatlantis.com/projects/meygen/
More on the Uskmouth Project:
https://simecatlantis.com/project-development-operation/simec-uskmouth-power/
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