Business
Ghummud Delivers Maiden Revenue of US$319,637
Active Energy Group plc announced that its Ghummud digital infrastructure facility generated its maiden revenue of US$319,637 in the first full quarter of operations following its acquisition on April 9, 2026. This performance aligns with the Board's expectations and supports the operational assumptions made at the time of acquisition, despite market volatility and geopolitical uncertainty. The company is evaluating low-capital infrastructure enhancements to increase power capacity and expects revenue to grow as the site matures and efficiency initiatives are implemented, reinforcing confidence in its growth strategy. Disclaimer*
About this update from Active Energy Group Plc
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 the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain. 3 August 2026 Active Energy Group plc ("AEG", the "Company" or the "Group") Ghummud Delivers Maiden Revenue of US$319,637 Active Energy Group plc (AIM: AEG, OTCQB: AEUSF), is pleased to provide an operational update on its Ghummud digital infrastructure facility following the first quarter of revenue generation since completion of the acquisition on 9 April 2026. Operational Highlights · US$319,637 revenue generated during the first full quarter of operations. · Engineering optimisation initiatives continuing to improve efficiency, uptime and power utilisation. · Evaluation underway to increase available power capacity through targeted, low-capital infrastructure enhancements. · Performance remains in line with the Board's expectations and supports the operational assumptions outlined at the time of acquisition. For the three-month period ended 31 July 2026, the Ghummud facility generated US$319,637 of revenue, representing the first revenue contribution since completion of the acquisition on 9 April 2026. Revenue generation commenced during the period following the redeployment of digital infrastructure to the site announced on 5 May 2026. The Board expect the facility's revenue running rate per MVA to increase as the site further matures and efficiency initiatives are implemented. Ghummud represents the first operational asset within AEG's strategy of acquiring and optimising power-backed digital infrastructure capable of generating recurring revenues whilst providing opportunities for further operational enhancement and future expansion across the UAE. The Company is also evaluating opportunities to increase the site's available power capacity through targeted infrastructure enhancements. This evaluation is at an early stage; any uplift, cost and timing are not yet quantified and would be subject to the necessary approvals. The first quarter performance is consistent ...
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