Search results for: SIMEC

351 results

A list of search results

  • 19 December 2018
    Business & Finance, Equipment

    Aberdeen-based C-Tecnics Subsea Electronics has fulfilled an order for six high definition underwater inspection cameras to be installed on Simec Technologies’ latest ROV. The batch of model CT3017 titanium HD cameras, each providing full 1080p definition picture quality and rated to 4000 metres depth, should bolster the arsenal of Simec’s newest work-class trencher, C-Tecnics noted. C-Tecnics […]

  • 14 December 2017
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    International energy, infrastructure and natural resources group SIMEC has signed a conditional agreement with Atlantis Resources to acquire 49.9% of tidal energy developer’s share capital.

  • 26 November 2018
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    SIMEC Atlantis Energy has conditionally agreed to acquire SIMEC Green Highland Renewables (SIMEC GHR) at an agreed enterprise value of £124.7 million in a related party transaction from the SIMEC group, part of GFG Alliance companies.

  • 21 November 2018
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    SIMEC Atlantis Energy has agreed terms for the collaboration with the French region of Normandy under a joint venture that will work to deliver a phased large-scale tidal power project in the Raz Blanchard strait.

  • 21 May 2018
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    Atlantis Resources has completed the placing of more than 57 million shares, securing £20 million for its upcoming tidal power and renewable energy activities.

  • 27 July 2018
    Authorities & Government, Business & Finance, Operations & Maintenance, Research & Development, Technology

    In the fallout of the OpenHydro liquidation, the Chief Executive Officer of another tidal stream technology company Tim Cornelius said that SIMEC Atlantis Energy would be willing to engage in discussions with the French government to save the recently built Cherbourg tidal assembly plant, and deliver the EU-sanctioned Normandie Hydro tidal project within existing support mechanisms.

  • 20 June 2018
    Business & Finance, Operations & Maintenance, Research & Development, Storage, Technology

    Recently renamed tidal developer SIMEC Atlantis has received a £5 million boost through fully subscribed bond offer, after reporting a post-tax loss of £10.6 million for the year 2017.

  • 29 March 2019
    Business & Finance, Technology

    SIMEC Atlantis Energy has raised £5 million in a share placing and subscription to help fund its acquisition of SIMEC Green Highland Renewables (GHR). On Thursday, the company said it would issue around 31,250,000 new ordinary shares at 16 pence per share on the PrimaryBid platform. The placing price was set at a discount of […]

  • 25 September 2018
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    Edinburgh-based company SIMEC Atlantis Energy has reported a £5.9 million loss increase this year over its half-year financial performance in 2017, while also recording MeyGen operations-driven revenues for the period.

  • 5 December 2018
    Authorities & Government, Business & Finance, Environment, Operations & Maintenance, Research & Development, Technology

    SIMEC Atlantis Energy has signed a grant agreement with the European Maritime and Fisheries Fund for €1 million in funding to support its tidal turbine development program.

  • 21 May 2018
    Business & Finance, Operations & Maintenance, Research & Development, Storage, Technology

    Edinburgh-based developer Atlantis Resources is looking to raise £20 million via share placing ahead of the completion of the proposed reverse takeover by GFG Alliance company SIMEC.

  • 19 October 2018
    Authorities & Government, Business & Finance, Operations & Maintenance, Research & Development, Technology

    SIMEC Atlantis Energy and the French region of Normandy have agreed to create a joint venture to develop a multi hundred-megawatt tidal stream project in Raz Blanchard in France.

  • 18 June 2018
    Business & Finance, Operations & Maintenance, Research & Development, Storage, Technology

    The reverse takeover acquisition between SIMEC – a GFG Alliance company – and Atlantis Resources has been completed, resulting in the re-admittance of the company with the new name on the AIM.

  • 24 July 2018
    Business & Finance, Operations & Maintenance, Research & Development, Technology, Vessels

    SIMEC Atlantis Energy has retrieved two MeyGen tidal power turbines for inspection and maintenance.

  • 7 November 2018
    Business & Finance

    SIMEC Atlantis Energy informed on November 6 that it was upgrading its forecasts for the expansion of the MeyGen 1A site.

  • 13 September 2018
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    The Turbine and Engineering Services Division of SIMEC Atlantis Energy, a diversified sustainable energy generation company, has unveiled the design of what’s said to be the world’s largest single rotor tidal turbine – the AR2000.

  • 15 April 2019
    Business & Finance

    SIMEC Atlantis Energy, a global developer of renewable and sustainable energy projects, is looking to recruit an operations engineer and a corporate finance associate. The operations engineer will lead the array performance monitoring, operation and maintenance for the company’s tidal energy project. The successful candidate is required to have a Degree in Mechanical Engineering or […]

  • 11 July 2018
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    SIMEC Atlantis Energy has announced plans to retrieve two of the four installed MeyGen tidal turbines following diagnosis of a generator fault by the onboard monitoring systems.

  • 1 February 2016
    Business & Finance, Research & Development

    Gupta family interests have committed to an eight-figure investment over time in the development of tidal lagoon power plants in the UK and India. The move is part of a wider strategy by Gupta company, SIMEC, to create multi-billion pound renewable energy capacity worldwide and apply innovative technologies to provide low-cost power for energy-intensive industries. […]

  • 5 December 2018
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    SIMEC Atlantis has signed a grant agreement with EASME for €1 million in grant funding to support its tidal turbine technology and its MeyGen project supply chain partner Asturfeito. On October 30th 2018, Atlantis announced its plans to enhance the existing 6MW MeyGen project. This grant should support the innovations required to take the MeyGen project […]

  • 8 June 2020
    Business & Finance

    Simec Atlantis Energy has appointed Investec Bank as the company’s nominated adviser and sole broker, effective immediately. Also, the company sad that its tidal turbine array recently reached 29GWh produced to the grid. Furthermore, Simec Atlantis through its partnership with ITPEnergised recently worked with The China Shipbuilding Industry Corporation (CSIC) and China Three Gorges (CTG) […]

  • 20 December 2018
    Business & Finance, Equipment, Operations & Maintenance

    SIMEC Atlantis said it has completed the proposed sale of the company’s stake in its Canadian joint venture at the FORCE facility in Nova Scotia, Canada, to its renewable energy development partner DP Energy group. DP Energy has acquired the remaining 50% interest in Atlantis Operations (Canada) Limited (“AOCL”). Following completion, AOCL will be renamed […]