REG - Active Energy Group - RDIA Approval in the Kingdom of Saudi Arabia

Active EnergyAnnouncement

12/02/2026 09:30

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RNS Number : 7755S  Active Energy Group PLC  12 February 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
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this inside information is now considered to be in the public domain.

12 February 2026

Active Energy Group plc

 

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

 

AEG Receives RDIA Approval in the Kingdom of Saudi Arabia

 

Active Energy Group plc (AIM: AEG | OTCID: AEUSF), the renewable energy and
digital infrastructure company, is pleased to announce that it has formally
received approval from the Research, Development and Innovation Authority
("RDIA") in the Kingdom of Saudi Arabia ("KSA").

 

This approval represents a significant milestone in the Company's Middle East
expansion strategy and enables AEG to progress to the next stage of
establishing a locally incorporated operating entity within the Kingdom.

The RDIA approval supports AEG's intention to deploy its next-generation AI
and High-Performance Computing ("HPC") modular data centre platform within
Saudi Arabia. The Company intends to form a Saudi-incorporated subsidiary to
develop and operate its energy-optimised digital infrastructure model in
alignment with the Kingdom's Vision 2030 objectives.

 

Strategic
Importance

 

Saudi Arabia is undertaking substantial investment in digital transformation,
artificial intelligence, advanced infrastructure and energy optimisation as
part of its Vision 2030 programme. The Board believes that AEG's modular,
energy-efficient infrastructure model is well aligned with these national
priorities.

 

The receipt of RDIA approval:

 

·      Provides formal recognition of AEG's technology-led approach
within the Kingdom;

 

·      Enables progression towards incorporation of a Saudi-based
operating vehicle;

 

·      Facilitates engagement with government bodies, utilities,
industrial partners and financial institutions within KSA; and

 

·      Positions the Company to participate in national programmes
supporting innovation, digital infrastructure and advanced technologies.

 

Next Steps

 

Following RDIA approval, AEG will:

 

·      Progress incorporation of a Saudi Special Purpose Vehicle
("SPV");

 

·      Apply for the necessary investment licensing through the Ministry
of Investment of Saudi Arabia (MISA);

 

·      Establish a local office and recruit key personnel within the
Kingdom; and

 

·      Advance site identification and partnership discussions to
support deployment of its AI & HPC modular data centre platform.

 

The Saudi SPV will be supported by Active Energy Group plc as the
London-listed parent company, providing governance oversight, technical
expertise and capital markets access.

 

The Board views entry into Saudi Arabia as a strategically important step in
building a regional digital infrastructure platform across the Gulf
Cooperation Council ("GCC") region.

 

Commenting, Paul Elliott, CEO of AEG, said:

 

"Receiving RDIA approval is an important endorsement of AEG's technology
platform and our strategic direction in the Kingdom of Saudi Arabia. Saudi
Arabia is one of the most dynamic and forward-looking markets globally in AI,
digital infrastructure and energy innovation.

 

This milestone allows us to move forward with establishing a local presence
and aligning our modular, energy-optimised infrastructure model with the
ambitions of Vision 2030. We look forward to building long-term partnerships
within the Kingdom and contributing to its rapidly developing digital
ecosystem."

 

The Company will provide further updates as additional milestones are
achieved.

 

 

Enquiries:

 

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

                                          Pankaj Rajani (Non-Executive Chairman)

 Zeus                                     Antonio Bossi / Darshan Patel                           Tel: +44 (0) 203 829 5000

 Nomad and Broker                         (Investment Banking)

                                          Nick Searle                                             Tel: +44 (0) 203 829 5633

                                          (Sales)

 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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