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Agreement to advance portfolio of tidal power projects

04/04/2016 · SIMEC Atlantis Energy Ltd (SAE)  · Market cap: £62m · Sector: Electricity

The global leader in the tidal power sector has announced a partnership agreement with Equitix, a market leading developer, investor and fund manager of infrastructure assets with over £1.7bn of funds under management. Following on from the December 2015 acquisition of two projects from ScottishPower Renewables for Atlantis’ Scottish tidal development company, this is yet another big vote of confidence in the pioneering AIM listed Group, suggesting yet again that the stock market’s lowly rating is unwarranted!

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