6th Oct 2025 14:12
(Alliance News) - Active Energy Group PLC on Monday confirmed the pre-sale of around 35% of capacity for its planned first UAE site, ahead of it becoming operational.
The London-based, biomass-focused renewable energy developer said approximately 35% of the UAE facility's initial 8 megawatt capacity is now pre-sold.
Active Energy said there is "strong client interest across AI data hosting and blockchain computing applications," and that it expects to fully contract the site before the end of this year.
This, it said, demonstrates "both robust market demand and the strength of AEG's ultra-low-cost energy advantage, harnessing surplus energy from both renewable and conventional sources".
Active Energy expects the site, based on current deals, to deliver approximately USD3.5 million in annual revenue at an estimated 50% gross margin. It said this represents around USD1.75 million of annual gross profit, and that its partners intend to reinvest this "directly into the development of subsequent phases".
"This reinvestment strategy provides a self-funding growth model, enabling the company to accelerate its rollout programme while maintaining financial discipline," Active Energy said.
The first 8 MW phase of construction is "scheduled to commence shortly", and the firm expects operations to begin before the end of 2025.
"Profits generated from phase 1 will be reinvested into phase 2, providing a clear pathway to achieving 100 MW of capacity within the next 12 months," it added.
In the long term, Active Energy said it has a roadmap to deliver over 300 MW in the UAE and a "strategic vision" to achieve 1 GW in global capacity.
"This is a pivotal moment for AEG," commented Chief Executive Officer Paul Elliott. "Pre-selling 35% of our first site before construction has even commenced provides clear validation of the market demand and our competitive advantage...we are creating a powerful self-funding cycle to scale rapidly across our 300 MW UAE pipeline.
"We believe the site will be fully pre-sold before it goes live, underlining the strong appetite from clients who require reliable, low-cost infrastructure at scale," Elliott continued. "Our modular strategy gives us the flexibility to meet this demand quickly and efficiently, and we are excited to be building the foundations for long-term shareholder value."
Active Energy shares were down 9.1% at 0.10 pence each on Monday afternoon in London, although they opened in the green at 0.12p.
By Emma Curzon, Alliance News reporter
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