RCS - Active Energy Group - Proposed UAE Joint Venture

Active EnergyAnnouncement

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RNS Number : 2879Q  Active Energy Group PLC  26 January 2026

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

 

26 January 2026

 

Active Energy Group plc

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

 

Proposed UAE Joint Venture to Support Scalable Digital Infrastructure Growth

 

Active Energy Group plc (AIM: AEG | OTC: AEUSF), the renewable energy and
digital infrastructure company, is pleased to announce that it has entered
into a non-binding Memorandum of Understanding ("MOU") with two existing
United Arab Emirates ("UAE")-based partners to explore the formation of a
proposed joint venture ("JV") focused on digital infrastructure operations and
related Bitcoin mining in the UAE.

 

Under the proposed JV framework, Active Energy would lead overall strategy,
project development, energy optimisation and performance oversight, as well as
the structuring and securing of growth capital, where appropriate, through a
combination of equity and debt markets.

 

One of the proposed UAE JV partners is an established regional operator with
deep technical and operational expertise in digital infrastructure, including
hosting and AI-focused compute environments. This partner would be responsible
for day-to-day technical operations, infrastructure management and
optimisation of hosting performance across the JV's facilities.

 

The second proposed UAE JV partner has extensive international relationships
with hosting and digital infrastructure clients, together with a
well-established sales and commercial platform. This partner is expected to
support client acquisition, capacity marketing and utilisation, and to assist
in securing demand for any newly developed capacity as the platform scales.

 

The proposed JV is intended to support the efficient and phased expansion of
Active Energy's UAE digital infrastructure platform in line with the Group's
previously stated medium-term capacity objectives. Initial activities are
expected to focus on supporting the operation and optimisation of existing
capacity and near-term development phases, with further expansion subject to
market conditions, capital availability and client demand.

The Company views the JV structure as a key mechanism to enable growth without
the need to materially increase head office costs or central operational
resources. By leveraging the technical, operational and commercial
capabilities of its partners, Active Energy aims to maintain a lean central
cost base, while ensuring that execution capability scales in line with
project development.

 

This approach is consistent with Active Energy's broader business model of
forming partnerships and joint ventures with strategically aligned companies
to deliver growth in a capital-efficient manner, sharing execution
responsibilities and potential upside, while preserving balance sheet
flexibility.

 

The MOU is non-binding and subject to the completion of definitive agreements.
A further announcement will be made in due course should the discussions
progress.

 

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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