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Active Energy (AEG) Share News

IN BRIEF: Active Energy gains USD3.9 million from Lumberton site sale

1st Jul 2022 11:19

Active Energy Group PLC - London-based biomass focused renewable energy business - Completes the sale of its Lumberton site in North Carolina, US, for USD4.7 million. The purchaser is Phoenix Lumberton Industrial Investors LLC, a company owned by Phoenix Investors LLC, US-based commercial real estate firm. Read More

IN BRIEF: Active Energy's CoalSwitch found to drastically reduce CO2

28th Jun 2022 21:26

Active Energy Group PLC - London-based biomass focused renewable energy business - Says its CoalSwitch biomass fuel has been assessed for its carbon impact, in a study conducted by Life Cycle Associates, a Californian business and environmental consultancy. The analysis found pellet made from lumbermill waste, such as CoalSwitch, reduced CO2 by 99% relative to coal and 97% relative to nature gas. Read More

UK shareholder meetings calendar - next 7 days

27th Jun 2022 15:51

IN BRIEF: Active Energy narrows loss; focuses on CoalSwitch production

27th May 2022 16:00

Active Energy Group PLC - London-based biomass focused renewable energy business - Narrow pretax loss in 2021 to USD5 million from USD7.0 million the previous year. Loss includes an impairment of USD2.0 million related to damaged reactors following component failure at Ashland on the US east coast. Revenue falls sharply to USD644,914 from USD1.6 million. Assets increase to USD21.7 million from USD18.1 million. Continues to focus on delivery of the first CoalSwitch production facility in Ashland. Read More

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