Active Energy Group PLC (AIM:AEG, OTCID:AEUSF) shares rose sharply after it told investors it has accelerated revenue generation at its Ghummud site after redeploying digital infrastructure originally bought for its 8 MVA development site in the UAE.
The company said the move allows pre-sold customer demand to be shifted onto energised capacity, giving it near-term utilisation rather than waiting for the UAE site to come online.
Clients originally scheduled for the 8 MVA UAE site are now being reallocated across the Ghummud and Kazna sites once energised. Active Energy said around 35% of the 8 MVA capacity had been pre-sold as of October 2025, rising to around 60% in January 2026.
At full capacity, Ghummud is expected to generate annualised hosting revenue of US$400,000 per MVA per year. The company said it expects this level to be reached within the next six weeks, describing it as a pathway to positive free cashflow from operating activities.
Chief executive Paul Elliott said the ability to redeploy pre-sold capacity onto energised infrastructure “allows us to accelerate revenue and cash flow without delay”. The UAE site is being configured to Bitdeer Technologies Group’s specifications as the blueprint for a proposed 100 MVA rollout.
The shares rose 10% at 0.12p.
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