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SIMEC Atlantis Energy: acquisition of hydro electric projects looks a game changer

29/03/2019 · SIMEC Atlantis Energy Ltd (SAE)  · Market cap: £62m · Sector: Electricity

AIM Renewable energy

SIMEC Atlantis Energy: acquisition of hydro electric projects looks a game changer
The leading developer of sustainable energy projects, has announced a fund raise of £5m to support the proposed acquisition of SIMEC Green Highland Renewables (GHR), the hydro electric operator and developer. At the current share price, the AIM listed company looks dramatically undervalued relative to the significant revenue generating portfolio of assets it is assembling.

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