Active Energy Group PLC (AIM:AEG, OTCQB:ATGVF) has confirmed the pre-sale of 35% of its initial 8 MW capacity at its renewable infrastructure and digital technologies project in the United Arab Emirates.
The company expects to complete construction of the first phase before the end of 2025 and said the strong client interest reflects demand for low-cost energy-backed infrastructure across AI and blockchain computing sectors.
"This is a pivotal moment for AEG. Pre-selling 35% of our first site before construction has even commenced provides clear validation of the market demand and our competitive advantage," said chief executive Paul Elliott.
The 8 MW site is projected to deliver approximately $3.5 million in annual revenue, generating an estimated gross profit of $1.75 million.
Profits are to be reinvested into further development, creating what the company describes as a self-funding model for expansion.
"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,"
"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."