Sustainable energy projects developer SIMEC Atlantis Energy Ltd (<a href="https://www.londonstockexchange.com/stock/SAE/simec-atlantis-energy-limited/company-page" target="_blank">LON:SAE</a>), or SAE Renewables, announced on Wednesday the acquisition of a 120-MW/240-MWh battery energy storage system (BESS) project in Newport, South Wales.