Business
Proposed UAE Joint Venture
Active Energy Group plc has entered into a non-binding Memorandum of Understanding with two United Arab Emirates-based partners to explore a joint venture focused on digital infrastructure operations and Bitcoin mining. This proposed joint venture aims to support the scalable growth of Active Energy's UAE digital infrastructure platform by leveraging the technical, operational, and commercial expertise of its partners, thereby enabling expansion without a material increase in head office costs. The company will lead strategy, project development, and capital securing, while partners will manage day-to-day operations, infrastructure, and client acquisition. This initiative aligns with Active Energy's capital-efficient growth strategy through partnerships, with further announcements pending definitive agreement completion. Disclaimer*
About this update from Active Energy Group Plc
[{"type":"text","content":"\n\nThis 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\n \n26 January 2026\n \nActive Energy Group plc\n\n(\"Active Energy\", the \"Company\" or the \"Group\")\n \nProposed UAE Joint Venture to Support Scalable Digital Infrastructure Growth\n \nActive 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.\n \nUnder 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.\n \nOne 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.\n \nThe 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.\n \nThe 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.\nThe Company views the JV structure as a key me...