Business Update
Summary by AI BETAClose X
This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.
13 January 2026
Active Energy Group plc
("Active Energy", the "Company" or the "Group")
Business Update
Active Energy Group plc (AIM: AEG, OTC: ATGVF), the renewable energy and digital infrastructure company, provides a business update for the year ended 31 December 2025 (the "Period"). During the Period, the Group continued to execute its strategy across four core pillars, all of which have progressed positively.
CoalSwitch® and Clean Fuel Partnerships
CoalSwitch® remains a core strategic asset of the Group, offering a lower-carbon alternative to coal for industrial and utility customers.
During the Period, the Company has been working with Indigenous Canadian Energy ("ICE") to progress plans for a CoalSwitch® / ICE black pellet production facility in Poland, targeting European markets seeking to transition away from traditional coal while maintaining energy security.
Discussions are ongoing, and the Board believes this partnership-led approach represents a capital-efficient route to commercial deployment of CoalSwitch® at scale.
Rooftop Solar and Battery Energy Storage Systems ("BESS")
The Company continues to build out its distributed renewable energy platform, focused on rooftop solar and battery storage solutions.
The Group has established a 30MW pipeline of rooftop solar projects across the UK and, as announced on 3 December 2025, secured a new 25-year power purchase agreement worth a total of £0.83 million with Cambridge City Football Club, representing a key milestone in the execution of this strategy and supporting the development of recurring, contracted revenue streams.
In parallel, planning and development work continues in relation to a BESS project at Fornan Castle, South Wales.
The Company believes this project has the potential to become a strategically important asset as demand for grid-balancing and energy storage continues to increase.
UAE Crypto Mining and AI Hosting
The Company has made significant progress in developing energy-efficient digital infrastructure assets in the UAE, focused on high-performance computing ("HPC") for, amongst other things, AI-hosting and crypto mining.
As announced on 1 October 2025, the Company established a scalable development pipeline totalling up to 300MW across multiple phased sites. This pipeline is designed to capitalise on the UAE's access to ultra-low-cost power, surplus grid capacity and a supportive regulatory environment.
Phase One comprises an 8MW facility, which is in the final stages of commissioning and is on track to complete by mid-February 2026. As announced on 16 December 2025, 60% of the facility's capacity has been pre‑sold, with the remaining 40% to be sold once the facility is complete. The facility has been designed to support both AI/HPC hosting and crypto mining, providing flexibility to optimise utilisation and returns as market conditions evolve.
Based on current assumptions, once fully operational the 8MW facility is expected to generate approximately US$3.8 million in annualised revenue, with an estimated gross margin of approximately 50%. These estimates are subject to prevailing market conditions, asset utilisation and operating performance.
It is the Company's intention that cash flows generated from this initial phase will be reinvested directly into the business, supporting the build-out of the next planned 25MW expansion, which is already in progress and expected to be scaled once the site is fully operational.
Further phases within the wider 300MW pipeline remain under active review and discussion.
Digital Asset Treasury Strategy
The Company has adopted a disciplined digital asset treasury strategy as part of its broader capital management approach. Approximately 30% of the Group's working capital has been allocated to a diversified crypto strategy.
In addition, the Board has agreed that any excess in-house crypto mining capacity may be utilised to mine and hold Bitcoin for the Group's treasury. This approach is intended to provide a long-term store of value and act as a hedge against inflation and currency fluctuations, while maintaining appropriate governance and risk controls.
The Board continues to monitor market conditions closely and believes this measured strategy provides additional optionality without compromising financial discipline.
Outlook
The Board is encouraged by the progress made across all four strategic pillars and believes that the Group is increasingly well positioned to deliver sustainable growth.
While remaining mindful of broader macroeconomic and digital asset market volatility, Active Energy's diversified strategy - spanning renewable energy and clean fuels, digital infrastructure and digital asset treasury management - provides resilience and multiple pathways to value creation.
The Board looks forward to providing further updates as projects move into operational and revenue-generating phases.
Enquiries:
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Active Energy Group Plc |
Paul Elliott (CEO)
Pankaj Rajani (Non-Executive Chairman)
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info@aegplc.com |
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Zeus Nomad and Broker |
Antonio Bossi / Darshan Patel (Investment Banking)
Nick Searle (Sales)
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Tel: +44 (0) 203 829 5000
Tel: +44 (0) 203 829 5633 |
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Website |
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'X' |
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www.linkedin.com/in/active-energy-group-plc/
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