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Active Energy to acquire controlling stake in forestry company in Alberta

Richard Spinks, chief executive of Active Energy Group PLC (LON:AEG), tells Proactive's Andrew Scott they're to acquire a controlling interest in PowerWood Canada Corp, a privately owned Canadian forestry company.

PowerWood holds substantial forestry assets in Alberta, Canada, under forestry management agreements, and deciduous cutting rights issued by the Crown Province of Alberta.

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