Ampeak Energy Ltd.

SMAYF · OTC

Company research

Ampeak Energy Limited (formerly SIMEC Atlantis Energy and Atlantis Resources), listed on AIM under the ticker AMP, is a UK-based global developer, owner, and operator of sustainable energy projects, incorporated in Singapore and headquartered in Edinburgh, Scotland. The company operates through four segments — Battery Storage, Power Generation, Project Development, and Corporate — with key assets including MeyGen, the world's largest and most productive tidal stream project located off the northern coast of Scotland, and the Uskmouth Sustainable Energy Park in Wales, which is being transformed into one of the UK's largest battery energy storage sites with a capacity of approximately 3.5 GWh. Under the leadership of CEO Graham Matthew Reid, Ampeak Energy is transitioning to become a major Independent Power Producer (IPP) with a strategic focus on Battery Energy Storage Systems (BESS) and tidal stream generation, aligned with the UK Government's binding Net Zero targets. With a market capitalisation of approximately £19 million and a workforce of around 14 employees, the company remains pre-profitability but has secured planning permissions for significant BESS projects, including the 250MW/1,250MWh Afon Wysg 2 development at Uskmouth, positioning itself as an emerging, albeit high-risk, player in the UK renewable utilities sector.

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