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Active Energy Group to Explore Opportunities in Bahrain

Active Energy Group (AEG.L) plans to explore potential opportunities in Bahrain during the upcoming meeting at the GCC digital infrastructure event in London.The UK-listed renewable energy company, which has already established a presence in the United Arab Emirates, intends to tap into the increasing demand for digital infrastructure in Bahrain.The company cautioned that the talks are at an early stage and there is no certainty that any commercial arrangements or projects would result from the discussions.

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Equities

Active Energy Plans UAE Pilot Deployment Under Bitdeer Partnership

Active Energy Group (AEG.L) said Tuesday it agreed in principle to use its 8MVA site in the UAE as an initial pilot deployment under a proposed partnership with Bitdeer Technologies Group, subject to a final agreement.The UK-listed renewable energy company's site, which is nearing energization, will be used to evaluate the technical, commercial and operational aspects of the model ahead of any broader rollout.Active Energy added it is carrying out configuration and optimization work to align the asset with the proposed partnership.

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Equities

Active Energy Says UAE Site Fully Energized Ahead of Schedule

Active Energy Group (AEG.L) achieved energization at the Ghummud site in Abu Dhabi, United Arab Emirates, earlier than expected.The UK-listed renewable energy and digital infrastructure company said Monday that the site is expected to be operational significantly ahead of the previously communicated timeline of 10 to 12 weeks.

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