IN BRIEF: SIMEC Atlantis brings full power to MeyGen tidal stream site

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SIMEC Atlantis Energy Ltd - Scotland-based owner and developer of sustainable energy projects - Says it has successfully deployed its fourth turbine at its MeyGen tidal stream site. The site is now at full power, delivering 6 megawatts of renewable power.

‘This is a proud moment for everyone involved in the sector and those pioneering this vital, predictable renewable energy source,’ says Chief Executive Officer Graham Reid.

Current stock price: 1.90 pence, up 5.3% on Wednesday in London

12-month change: up 80%

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