SIMEC Atlantis Energy Limited Appointment of Chief Operating Officer
October 22 2018 - 2:00AM
RNS Non-Regulatory
TIDMSAE
SIMEC Atlantis Energy Limited
22 October 2018
22 October 2018
SIMEC ATLANTIS ENERGY LIMITED
Formerly known as Atlantis Resources Limited
("Atlantis" or the "Company")
Appointment of Chief Operating Officer
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 has appointed Mr. Andy
Richardson into the role of Chief Operating Officer at SIMEC
Atlantis Energy. This will be a non-Board appointment.
Andy is a senior figure in the global power generation sector, a
Chartered Fellow, having formally held roles as Head of Asset
Management and Engineering Manager at Alstom Power Service UK and
Director Thermal Generation (4 GW Generation) at EDF. Andy moved on
to become the Executive Director of Thermal & Renewables at EDF
where he was a member of the Energy Branch Board with main Board
responsibility for gas storage, onshore and offshore wind
development (>0.5GW), biomass and thermal generation (5.4GW).
Recently, Andy was the COO of Stanwell Corporation Limited in
Australia, which is a diversified, vertically integrated energy
company with a range of electricity generation assets: thermal,
hydroelectric, water and fuel resources.
Andy will join the senior management team based in London and
will be responsible for asset management, portfolio optimisation
and acquisition analysis.
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 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.
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END
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