First Month of Trading at Ghummud Delivers Revenue

Active Energy Group PLC

02 June 2026

 

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.

2 June 2026

Active Energy Group plc

("Active Energy", the "Company" or the "Group")

First Full Month of Trading at Ghummud Delivers AED 404,000 Revenue

Active Energy Group plc (AIM: AEG | OTC: AEUSF) is pleased to provide an operational update on its recently acquired Ghummud facility in Abu Dhabi ("Ghummud" or the "Facility"), following its first full month of trading.

During the month, the site achieved average fleet uptime of approximately 97% across all deployed units, with management continuing to increase utilisation levels as additional customer capacity is deployed across the facility.

Revenue net to AEG generated during the month totalled AED 404,000 (approximately US$110,000).

On an annualised basis, based solely on the first month's performance and assuming similar operating conditions, this would equate to an illustrative revenue run-rate of approximately AED 4.85 million (approximately US$1.3 million) per annum. This figure is illustrative only, is not a profit forecast and should not be relied upon as an indication of future performance. There can be no guarantee that current trading levels will continue or that such annualised revenues will be achieved.

The Board is encouraged that initial operational performance has been broadly in line with internal expectations and considers that these results support the commercial rationale of the Company's strategy of acquiring energised power infrastructure and overlaying modular digital infrastructure capacity.

The Ghummud project represents the first operational deployment within the Company's wider UAE infrastructure platform, which also includes the Company's 8MVA development project and the recently announced Khazna acquisition. Together, these assets form the foundation of the Company's objective of building a substantially larger portfolio of energised digital infrastructure assets across the UAE.

The Company will continue to provide operational updates as appropriate.

Paul Elliott, CEO of Active Energy, commented:

"We are extremely pleased with the first full month of operations at Ghummud. Maintaining approximately 97% uptime across the deployed fleet demonstrates both the quality of the underlying infrastructure and the strength of the operational team managing the asset."

"Most importantly, Ghummud is now producing revenue and validating the acquisition model we have been building around. We acquired a live grid-connected asset, deployed digital infrastructure and rapidly brought the site into operation. The result is a revenue-generating asset that is already contributing towards funding its own acquisition cost."

We believe this is a powerful proof of concept for our wider strategy. Alongside our 8MVA project, Khazna and additional opportunities under evaluation, we continue to focus on acquiring and developing energised infrastructure assets that can be brought into operation quickly and efficiently. Our objective remains the creation of a scaled digital infrastructure platform across the UAE and wider GCC region."

The person responsible for arranging the release of this announcement on behalf of the Company is Paul Elliott, Chief Executive Officer.

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Enquiries: 

Active Energy Group Plc	Paul Elliott (CEO) Pankaj Rajani (Non-Executive Chairman)	[e-mail]
Zeus Nomad and Broker	Antonio Bossi / Darshan Patel (Investment Banking) Nick Searle (Sales)	Tel: [phone] Tel: [phone]
Website	LinkedIn	'X'
www.aegplc.com	www.linkedin.com/in/active-energy-group-plc/	(@aegplc) / X

 

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