StockMarketWire.com - Green energy project developer Simec Atlantis Energy said it had signed a 'heads of terms' in relation to a fuel pellet joint venture with a subsidiary of Dutch recycling group N+P.

N+P would principally be involved in the marketing, production and delivery of waste-derived fuel pellets to converted coal-fired power stations throughout the UK, and in particular the Uskmouth project.

Atlantis said it and N+P were working to finalise a formal joint venture agreement and would update the market once it had been agreed and executed.




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