Active Energy Group (AIM:AEG) updated shareholders on its UAE infrastructure pipeline on Thursday, ahead of its Annual General Meeting in London.
The AIM-listed company is building power-backed infrastructure assets in the United Arab Emirates to support artificial intelligence, data centres and other digital infrastructure.Its previously announced Khazna and Taweela opportunities remain in technical, commercial and contractual due diligence.
A new site has been identified and is now being progressed for acquisition, offering an initial 5 megavolt-amperes (MVA) of available grid capacity with potential expansion to around 10 MVA.
Separately, the company said it is evaluating substantially larger opportunities of 50-100 MVA through its ongoing collaboration with Bitdeer Technologies Group, which management said aligns with the scale required by major AI and high-performance computing operators.
"Today, we believe Active Energy Group is moving beyond evaluating individual opportunities towards establishing a scalable infrastructure development pipeline," said chief executive Paul Elliott.
All opportunities remain subject to due diligence and definitive agreements, it added.
News Intelligence what this means for the company
Active Energy flagged a new 5 MVA site opportunity in the UAE and is evaluating larger 50–100 MVA prospects through a partnership with Bitdeer Technologies Group, with both Khazna and Taweela remaining in due diligence. This extends a pipeline that already includes an 8 MVA operational site that achieved energisation and revenue recognition in April 2026, but the company has not yet signed definitive agreements on the newly announced opportunities.
- Bitdeer Technologies Group is named as a collaboration partner evaluating the larger 50–100 MVA opportunities; the scale of those prospects may signal material demand from AI and high-performance computing operators if they progress to binding terms.
The announcement extends Active Energy's UAE infrastructure pipeline beyond its existing operational asset, but all new opportunities remain subject to due diligence and definitive agreements—a material caveat given the company's track record of lengthy evaluation cycles on prior projects.
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