Active Energy Group PLC (AIM:AEG, OTCQB:ATGVF) General Manager for UAE Aleksandra Tsybulskaya talked with Proactive about the company’s strong early momentum in the region, where it has already sold 35% of its first 8MW site before construction. Tsybulskaya said this early uptake demonstrates “very strong demand for the AI and blockchain clients seeking secure, low-cost housing,” with interest extending to the full 25MW and beyond once the plant upgrade is confirmed.
She discussed how the project is expected to generate around US$3.5 million in annual revenue with a 50% gross margin, adding that scalability and long-term contracts underpin the company’s confidence in sustaining profitability as it grows to 100MW and ultimately 300MW. Tsybulskaya highlighted AEG’s self-funding model, where each phase supports the next, and confirmed discussions with major project finance houses to accelerate the rollout within 24–36 months.
The UAE operation is set to become a cornerstone of AEG’s international expansion strategy, serving as a flagship hub for high-performance AI, blockchain, and data-hosting infrastructure.
Proactive: Aleksa, you’ve already sold 35% of the first 8MW site before construction. What does that early demand tell you about the market opportunity in the UAE?
Aleksandra Tsybulskaya: We are extremely pleased with the early uptake. It shows very strong demand from AI and blockchain clients seeking secure, low-cost hosting. We have also received expressions of interest to take the full 25MW and more once the plant upgrade is confirmed, underlining the depth of demand and strengthening our position in the region.
Proactive: The project is expected to generate around US$3.5 million in annual revenue, with a 50% gross margin. How sustainable are those margins as you scale up to 100MW and beyond?
Aleksandra Tsybulskaya: We are extremely confident. Our model is built on ultra-low-cost, scalable infrastructure and long-term client contracts. Achieving critical mass will attract large institutional clients, improving efficiencies and reinforcing our growth cycle and profitability.
Proactive: You’ve described a self-funding model reinvesting profits from each phase into the next. How quickly could this approach take you to 300MW of capacity?
Aleksandra Tsybulskaya: Each phase will fund the next, creating a compounding growth model. However, we are already in discussions with major project finance houses to accelerate the 300MW rollout. Strong early take-up underpins those talks. Our goal is to achieve full capacity within approximately 24 to 36 months.
Proactive: Looking at clients across AI, data hosting and blockchain computing, what makes AEG’s UAE model – particularly its access to ultra-low-cost energy – stand out from competitors globally?
Aleksandra Tsybulskaya: AEG’s proven expertise in accessing and optimising ultra-low-cost power, combined with the UAE’s stable and energy-rich environment, gives us a true global edge. What differentiates us is that we pass a significant portion of these cost savings to our clients, giving them a competitive advantage in their own markets. This creates a win–win model. Clients benefit from lower costs and scalability, while AEG builds long-term partnerships and customer loyalty that underpin our expansion strategy.
Proactive: As you scale towards 300MW, what types of partnerships and funding relationships are you looking for to support that rapid growth?
Aleksandra Tsybulskaya: We are focused on forming long-term partnerships with both infrastructure investors and strategic technology clients. These relationships go beyond finance — they are about collaboration, innovation, shared goals, and shared values. By aligning with major players in the UAE and the digital infrastructure ecosystem, we can scale faster while maintaining capital efficiency and delivering strong shareholder returns.
Proactive: Looking further ahead, how do you see AEG’s UAE operations evolving over the next few years, and what role will they play in the wider group strategy?
Aleksandra Tsybulskaya: The UAE will be the cornerstone for AEG’s international expansion. As we grow towards 300MW, we’re positioned as a flagship hub for high-performance AI, blockchain and data hosting. Over time, we plan to replicate this model in other low-cost energy markets, creating a global network of efficient, scalable and sustainable digital infrastructure.
Proactive: Aleksa, I hope you’ll keep us posted on progress. Thank you very much for the update today.