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Active Energy Group PLC (AIM:AEG, OTCID:AEUSF) shares were up 11% on Monday, to 0.11p, after the firm told investors that its Ghummud site in the UAE has been fully energised ahead of schedule, potentially pulling forward revenue as the company pushes to build out a digital infrastructure platform around acquired grid connections. The AIM-listed group said modular digital infrastructure deployment is already…

Active Energy Group PLC (AIM:AEG, OTCID:AEUSF), the digital infrastructure company, has completed the acquisition of the Ghummud grid connection asset in Abu Dhabi. The asset comprises a 3.5 megavolt-ampere (MVA) live grid connection with an active transformer and associated electrical infrastructure, providing approximately 2.975 megawatts of immediately available power capacity.

Active Energy Group PLC (AIM:AEG, OTCID:AEUSF) said it is accelerating operations in the United Arab Emirates, with a senior manager deployed immediately to oversee project delivery and expansion. The developer of energy and data infrastructure projects said its 8 megawatt energy and digital infrastructure site remains on track for completion by the end of April, with work focused on energisation and preparing the…

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