SIMEC Atlantis Energy welcomes Graham Reid to its Board of Directors as CEO

– UK, Edinburgh –  SIMEC Atlantis Energy (LON: SAE), the AIM-listed sustainable and renewable energy developer and operating company, today announced the appointment of Graham Reid to its Board of Directors as the new CEO, effective 18th January 2021, succeeding Tim Cornelius who has agreed to take up a new role as a Senior Adviser to the Group and resign today.

“I am delighted to welcome Graham Reid and congratulate him on his appointment as the incoming CEO of Atlantis. The board conducted a very thorough, independent and rigorous recruitment process to select Graham. Graham is an experienced corporate leader with a proven track record of successful project management and delivery. His skills are very well suited to ensure the safe and timely delivery of our flagship projects which in turn will create value for our shareholders and stakeholders. I very much look forward to working with Graham in the period ahead.” said Board Chairman, John Neill.

In his new advisory position, Tim Cornelius will continue to support the Board and Company on a range of matters, including ongoing relationship management with key stakeholders, customers, and strategic partners.

John Neill, Atlantis Chairman, said: “Tim is an exceptional entrepreneur and I can understand why he wants to take the next steps in his career. On behalf of the board I would like to thank Tim for his contribution to the Company over the past 15 years and for agreeing to remain as a Senior Advisor to the Board of Directors and mentor to the leadership team. We are pleased that we will continue to benefit from his domain knowledge, experience and relationships built up over many years and I would like to wish Tim every success in his future endeavours.”

About Graham Reid

Graham is an experienced and highly capable CEO, leader and engineer, with extensive international experience in the energy and infrastructure space. Graham was most recently CEO of RES Americas, and prior to that CEO of Arcadis Middle East, a member of Network Rail’s project delivery board for the London bridge station project and earlier in his career was the UK Managing Director and an Executive Board member of Hyder Consulting plc.

Having delivered more than 5GW of wind, solar and storage projects in previous roles, Mr Reid has been selected by the Board of Directors to build on the successful development history of the Company and to use his considerable project management and delivery experience to steer Atlantis through the delivery phase of the Uskmouth Power Station conversion project, the build out of fuel production plants, the expansion of the MeyGen project and the development of further hydro asset opportunities.

Graham Reid, incoming CEO said: “I am delighted to be joining SIMEC Atlantis at such an exciting time in its growth trajectory. This is a unique opportunity to become part of an exceptional business delivering several first-in-class projects that will make meaningful contributions to a lower carbon economy. SIMEC Atlantis is a recognised pioneer in the development and operation of renewable and sustainable energy projects and I very much look forward to playing my part in the successful delivery of the Uskmouth conversion project and the build out and commissioning of fuel production plants across the country. I am also relishing the opportunity to work with the Atlantis team to progress our exciting marine energy and hydro portfolios.”

About SIMEC Atlantis Energy

Atlantis is a global developer, owner and operator of sustainable energy projects with a diverse portfolio in various stages of development. This includes a 77 per cent. stake in the world’s largest tidal stream power project, MeyGen, 100 per cent. of the 220MW Uskmouth Power Station conversion project and 100 per cent. of Green Highland Renewables, a leading developer of mini-hydro projects.

For more information :

- DisclaimerNews, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.