RCS - Active Energy Group - Proposed Solar and Battery Storage Pipeline

Active EnergyAnnouncement

Tue 07:00

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RNS Number : 4629X  Active Energy Group PLC  02 September 2025

This is a Reach (i.e. non-regulatory) announcement and the information
contained is not considered to be material or to have a significant impact on
management's expectations of the Company's performance

2 September 2025

Active Energy Group plc

 

("AEG" or the "Company")

AEG Announces Proposed Solar and Battery Storage Pipeline

 

Active Energy Group plc is pleased to announce the development of its first
proposed pipeline of solar and battery storage projects, working alongside its
solar and battery advisor, Mr. Brian Glendinning.

Key Highlights

·      Initial pipeline of 10 commercial warehouse rooftop sites with
combined capacity of 2.3 MW.

·      Advanced stages of securing long-term lease contracts and PPAs.

·      Contracted revenues expected to exceed £10 million over 20
years.

·      First stage of broader programme to build a scalable solar and
battery portfolio.

·      Aligned with AEG's strategy to deliver long-term,
income-generating renewable assets.

The initial pipeline comprises 10 commercial warehouse rooftop sites, with a
combined capacity of approximately 2.3 MW. The Company is in advanced stages
of finalising lease contracts and long-term Power Purchase Agreements
("PPAs"). These agreements are expected to generate contracted revenues of
more than £10 million over a minimum 20-year term, providing secure and
predictable long-term cashflows.

This initiative represents the first stage of a broader development programme,
targeting both rooftop and ground-mounted solar and battery installations.
With Brian Glendinning's proven track record in the identification,
development, and delivery of renewable energy projects, AEG is well positioned
to scale its portfolio and deliver value-accretive assets.

AEG's strategy is to own and operate a significant portfolio of solar assets
with contracted revenues directly from commercial customers and tenants. This
approach underpins the Company's commitment to long-term income generation and
value creation.

In due course, the Company may also consider refinancing portfolios with,
low-cost debt, creating the potential to recycle equity into new projects
while retaining long-term exposure to stable, inflation-linked returns.

Paul Elliott, CEO of AEG, commented:

"This proposed pipeline represents a significant milestone in AEG's transition
into renewable energy. The combination of long-term contracted revenues and
Brian's expertise provides a strong foundation for building a substantial
portfolio of income-generating solar and battery projects. This marks the
beginning of an exciting new phase for AEG, aligned with our ambition to
deliver sustainable growth and shareholder value."

Enquiries:

 

 Active Energy Group Plc                  Paul Elliott (CEO)                                      info@aegplc.com

                                          Pankaj Rajani (Non-Executive Chairman)

 Website                                  LinkedIn                                                 'X'

 www.aegplc.com (http://www.aegplc.com/)  www.linkedin.com/in/active-energy-group-plc/            (@aegplc) / X (https://x.com/aegplc)
                                          (http://www.linkedin.com/in/active-energy-group-plc/)

 

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