RCS - Active Energy Group - AEG becomes Member of the IBTC

Active EnergyAnnouncement

07/09/2023 07:00

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RNS Number : 6339L  Active Energy Group PLC  07 September 2023

Reach - non-regulatory announcement*

 

7 September 2023

 

Active Energy Group Plc

("Active Energy" or the "Company")

 

AEG becomes Member of the IBTC

 

Active Energy (AIM:AEG, OTCQB:ATGVF), a producer of sustainably-sourced,
energy-dense clean carbon products and technologies, is pleased to announce
that it has been voted by the members of the International Biomass
Torrefaction and Carbonisation Council ("IBTC") to join the IBTC.

 

The IBTC is an organisation promoting the sustainable production of vital
torrefied or carbonised technology products on a global scale, with an aim to
efficiently replace carbon-emitting fuels such as coal. The IBTC members are
chosen due to their commitment to contributing to the acceleration of the
global transition to cleaner, more carbon-neutral fuels. Torrefaction,
pyrolysis, carbonisation and even steam explosion are all thermal treatment
processes which the members are developing to upgrade solid biomasses into
substitutes for conventional carbon. The IBTC membership includes all industry
participants, including fuel suppliers and component manufacturers.

 

The IBTC and Active Energy believe steam explosion processes, torrefied or
sustainably sourced carbonised biomass and waste feedstocks will efficiently
replace fossil carbon in all industries and applications.

 

Michael Rowan, CEO of Active Energy, commented: "We are extremely pleased to
have been elected as a full member of the IBTC, alongside many of the key
global players in the biomass supply chain. Our mission is aligned wholly with
that of the IBTC, and we look forward to supporting them and utilising our
products and proprietary technologies to assist in the IBTC's mission to
increase the awareness and education around cleaner, carbon neutral fuels and
their benefits."

 

Enquiries:

 Active Energy Group Plc                                       Michael Rowan (Chief Executive Officer)                                 info@aegplc.com

                                                               Michelle Fagan (Chief Financial Officer)

                                                               Barron Hewetson (Chief Technology Officer)
 Allenby Capital Limited                                       Nick Naylor/James Reeve/Daniel Dearden-Williams (Corporate Finance)   Office: +44 (0)20 3328 5656

 Nominated Adviser and Broker                                  Amrit Nahal (Sales/Corporate Broking)
 Camarco                                                       Tom Huddart / Emily Hall / Lily Pettifar                              aeg@camarco.co.uk

 Financial PR Adviser                                                                                                                Office: +44 (0)20 3757 4980
 Scoville PR                                                   John Williams                                                         aeg@camarco.co.uk

 US PR Adviser
 International Biomass Torrefaction and Carbonisation Council  IBTC Office                                                           office@ibtc-council.org (mailto:office@ibtc-council.org)

                                                                                                                                     www.ibtc-council.org
                                                                                                                                     (https://protect-us.mimecast.com/s/w1z-CrkWRyHrqBwVuzRxGq?domain=ibtc-council.org/)

 

 Website         LinkedIn                                Twitter
 www.aegplc.com  www.linkedin.com/company/activeenergy   https://twitter.com/aegplc (https://twitter.com/aegplc)

                                                        @aegplc

 

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