Further to the Company’s announcement of 23 February 2023, SAE are delighted to announce that Uskmouth Energy Storage Limited, a portfolio company of Quinbrook Infrastructure Partners, on 23 May 2023, gave formal notice of their exercise of the option to take a lease of land at the Group’s Uskmouth site for one of the UK’s largest BESS projects (230MW/460MWh).
SAE continues to make excellent progress on its business objectives and pioneer projects and this is another major milestone for the company. The Company will further update in due course.
