SIMEC Atlantis Energy Limited MeyGen Operational Update
22 Octobre 2018 - 8:00AM
RNS Non-Regulatory
TIDMSAE
SIMEC Atlantis Energy Limited
22 October 2018
22 October 2018
SIMEC ATLANTIS ENERGY LIMITED
("Atlantis" or the "Company")
MeyGen Operational Update with World First Turbine Service
Completed Offshore
SIMEC Atlantis Energy Limited, the global developer, owner and
operator of sustainable energy projects with a diversified
portfolio of more than 1,000 megawatts in various stages of
development, is pleased to announce that it successfully completed
offshore operations on MeyGen Phase 1A with two Andritz 1.5MW
turbines returned to service and the Atlantis 1.5MW turbine
successfully retrieved for ancillary systems maintenance. The
Andritz turbines have recommenced generation at full capacity.
These operations included world first achievements of: multiple
turbines being handled and serviced simultaneously on one vessel;
and the retrieval, service and reinstallation of a turbine onboard
a vessel without returning to a port. All of which was achieved
within 30 hours. This achievement will have material cost reduction
implications for future scheduled and unscheduled maintenance
events. These offshore operations were completed within time and
budget by Atlantis Operations UK, a division of SIMEC Atlantis
Energy.
The Atlantis 1.5MW turbine will now be returned to the Atlantis
operations base at Nigg Energy Park in Scotland for servicing
before being returned to service during the December tidal window
when the third Andritz turbine will also be redeployed following
completion of its inspection and maintenance programme.
Enquiries:
SIMEC Atlantis Energy Limited via FTI Consulting
Tim Cornelius, Chief Executive Officer
Andrew Dagley, Chief Financial Officer
Cantor Fitzgerald Europe (Nominated
Adviser and Joint Broker) +44 (0)20 7894 7000
Rick Thompson
Richard Salmond
David Porter
Macquarie Capital (Europe) Limited
(Joint Broker)
Nick Stamp +44 (0)20 3037 2000
FTI Consulting +44 (0)20 3727 1000
Ben Brewerton
Alex Beagley
Molly Stewart
Notes to Editors
SIMEC Atlantis Energy is the global developer, owner and
operator of sustainable energy projects with a diverse portfolio of
more than 1,000 megawatts in various stages of development. This
includes a 77% stake in the world's largest tidal stream power
project, MeyGen, and the conversion of the 220MW Uskmouth Power
Station.
In 2017 we entered into a strategic partnership with SIMEC, a
member of the GFG Alliance, to convert the Uskmouth Power Plant to
use an end-of-waste energy pellet as fuel. The plant is expected to
enter commercial operations in 2020 and will sell its power to GFG
Alliance companies under two 20-year power purchase agreements. A
successful conversion will tackle the pressing issue of
non-recyclable waste in the UK and will form the blue-print for
other large-scale conversion projects across the globe.
We intend this to be the first of a number of acquisitions
aiming to transform SIMEC Atlantis into a diversified energy
Company of scale, owning development and generating assets across
the sustainable energy spectrum in Europe, Asia and Australia,
complementing our existing UK pipeline.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
NRADBBDGBSBBGIC
(END) Dow Jones Newswires
October 22, 2018 02:00 ET (06:00 GMT)
Atlantis (LSE:ARL)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
Atlantis (LSE:ARL)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024