Smart Metering Systems PLC Burwell grid-scale battery storage site visit (6112B)
04 Oktober 2022 - 8:00AM
UK Regulatory
TIDMSMS
RNS Number : 6112B
Smart Metering Systems PLC
04 October 2022
04 October 2022
Smart Metering Systems plc
Burwell grid-scale battery storage site visit
Smart Metering Systems plc (AIM: "SMS", the "Group"), an
integrated energy infrastructure company owning and managing meter
assets, energy data, grid scale batteries and other carbon
reduction (CaRe) assets, is today hosting a site visit for analysts
and institutional investors to its first 50MW grid-scale battery
storage project at Burwell.
The presentation will be hosted by CEO Tim Mortlock and will
include presentations from key members of the grid-scale battery
team and two external industry partners, UK Power Networks and
Trina Storage. The presentation will then be followed by a tour of
the battery site.
No price sensitive information will be provided during the
visit.
During its H1 2022 results on 13 September 2022 the Group
highlighted that the performance of the Burwell site was well ahead
of the Board's expectations and upgraded the longer-term EBITDA per
MW guidance. The site has continued to perform strongly over the
July-September period.
Following the event, the presentation and the recordings will be
posted on the investor relations section of SMS website:
https://www.sms-plc.com/investors/results-reports-presentations/
For further information:
Smart Metering Systems plc 0141 249 3850
Tim Mortlock, Chief Executive Officer
Gavin Urwin, Chief Financial Officer
Dilip Kejriwal, Head of Investor Relations
Cenkos Securities plc (Joint Broker 0131 220 6939 / 020
and Nomad) 7397 8900
Neil McDonald / Pete Lynch
Investec Bank plc (Joint Broker) 020 7597 5970
Christopher Baird / Henry Reast
RBC Capital Markets (Joint Broker) 020 7653 4000
Matthew Coakes / Evgeni Jordanov /
Jack Wood
Instinctif Partners sms@instinctif.com
Tim Linacre / Guy Scarborough / Sarah
Hourahane
Notes to Editors
Smart Metering Systems plc (www.sms-plc.com) installs and
manages smart meters, energy data, grid scale batteries and other
carbon reduction assets ("CaRe") to facilitate effective energy
management. The Group manages and optimises these assets through
its in-house technology and data analytical platform.
Established in 1995, SMS provides a full end-to-end service,
from funding and installation to management and maintenance, with a
highly skilled workforce, deep engineering expertise and
well-established industrial partnerships.
SMS is leading the low carbon, smart energy revolution in the UK
and is committed to reducing its own carbon emissions to net zero
by 2030. In 2019, SMS was also awarded the London Stock Exchange
Green Economy Mark.
SMS plc is headquartered in Glasgow with a national presence
across twelve UK locations.
SMS's shares are listed on AIM.
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END
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