Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
SIMEC Atlantis Energy Limited ( (GB:SAE) ) just unveiled an update.
SAE Renewables has received the final payment of £1.25 million from EL (Uskmouth) Limited for the sale of land at the Uskmouth Sustainable Energy Park, part of a £9.8 million agreement. This transaction provides crucial revenue for SAE, facilitating the development of further battery projects and advancing its goal of becoming a leading sustainable energy developer, thereby ensuring long-term shareholder value.
More about SIMEC Atlantis Energy Limited
SIMEC Atlantis Energy Limited, also known as SAE Renewables, operates in the sustainable energy industry focusing on developing, owning, and operating renewable energy projects. The company is particularly involved in battery storage projects, aiming to become a leading sustainable project developer.
YTD Price Performance: 13.51%
Average Trading Volume: 1,344,736
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £15.18M
For detailed information about SAE stock, go to TipRanks’ Stock Analysis page.