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Active Energy acquires second project in Abu Dhabi

Active Energy Group PLC (AIM:AEG, OTCQB:ATGVF) has moved to deepen its Abu Dhabi power infrastructure push, agreeing terms to acquire a second energised grid connection asset that will take its secured capacity to about 13 MVA as it targets revenue-generating digital infrastructure operations. The new asset comprises a 1.5 MVA grid connection, equivalent to around 1.275 MW of available load, and requires only modest…

Proactive Investors • Mar 17, 2026
Active Energy signs heads of terms to acquire Abu Dhabi grid asset

Active Energy Group PLC (AIM:AEG, OTCQB:ATGVF), the digital energy infrastructure company, has signed binding heads of terms to acquire a live grid connection site in Abu Dhabi for total of £2 million, subject to due diligence. The Ghummud site comprises a 3.5 megavolt-ampere (MVA) energised grid connection with an active transformer and associated electrical infrastructure, providing approximately 2.975 megawatts…

Proactive Investors • Mar 10, 2026

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