SIMEC Atlantis Energy Limited Planning Update (3777T)
March 24 2021 - 09:14AM
UK Regulatory
TIDMSAE
RNS Number : 3777T
SIMEC Atlantis Energy Limited
24 March 2021
24(th) March 2021
SIMEC ATLANTIS ENERGY LIMITED
("SAE", the "Company" and, together with its subsidiaries, the
"Group")
Planning update
Further to the planning update announcement on 3 February 2021,
SAE notes the decision today by the Welsh Government to "call in"
the Group's planning application (f or determination by the Welsh
Government rather than the local planning authority, Newport City
Council ) . SAE will work closely with Welsh Government to
understand the next steps.
Planning permission is sought for the construction of new silos,
conveyors, and rail upgrade for handling the new fuel external to
the existing Uskmouth power station and not for the conversion of
the power station itself. Before being called in, the planning
officer for Newport City Council had recommended approval of
planning permission, subject to certain conditions.
The Uskmouth Project contributes to the delivery of sustainable
development by reusing existing resources and the reduction in
waste to landfill, while also creating jobs and bringing investment
to the region.
SAE will provide a further update to the market if this decision
impacts the expected Project delivery timeline.
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
Sara Hale
Ben Griffiths
----------------------
Arden Partners PLC - Joint
Broker +44 (0) 20 7614 5900
----------------------
Ruari McGirr
Richard Johnson
Simon Johnson
----------------------
Notes to Editors
SIMEC Atlantis Energy
Atlantis 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 and 100 per
cent. of Green Highland Renewables, a leading developer of
mini-hydro projects.
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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