SIMEC to acquire 49.9% of Atlantis Resources

SIMEC has signed a conditional agreement to acquire 49.9% of Atlantis Resources' share capital. Atlantis will also acquire SIMEC Uskmouth Power Limited, owner of a 336MW power plant in South Wales.

“Following the establishment of Atlantis Energy earlier this year, we are excited about the transaction and the partnership.”offshore-energy.biz

• 1 source
• offshore-energy.bizSIMEC dives deeper in tidal sector by acquiring 50% of Atlantis - Offshore EnergyMarine EnergyDec 14, 2017

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