Active Energy Group, the AIM-quoted energy infrastructure company, announced on 1 October 2026 that it had secured a UAE growth Facility of AED 6.5 million, about £1.3 million, from a private Investment fund. The financing followed interim results on 30 September that showed a first Revenue contribution but a widening loss. The company is a constituent of the FTSE AIM All Share Index, and its latest announcement dates from that October facility.

Terms of the facility

The facility carries fixed interest of 5 per cent a year plus a 5 per cent arrangement fee, runs for 12 months and is repaid in 10 monthly instalments, with the first due two months after drawdown. It is unsecured. The lender received warrants in two tranches, over 433,333,333 shares at 0.15 pence and 325,000,000 shares at 0.20 pence, exercisable for three years and together equal to about 11.1 per cent of existing issued share capital. The company cited a closing mid-market price of 0.08 pence on 29 September 2026 as the reference. Proceeds are earmarked for acquiring and developing further UAE infrastructure sites, including deposits, Acquisition payments and energisation work.

Interim results

For the six months to 30 June 2026, the company reported its first revenue, of about £0.16 million, against nil a year earlier. The loss was £0.86 million, compared with £0.43 million in the first half of 2025, and the operating loss was £0.80 million. Cash was £0.17 million at 30 June, down from £0.77 million at the end of 2025, even after a placing in May 2026 arranged by Zeus Capital that raised about £1.3 million gross. The group sold all its Cryptocurrency holdings for about £0.10 million.

Projects and funding talks

The Ghummud facility in the UAE, rated at 3.5MVA, was energised on 20 April 2026 and has moved into commercial hosting operations. An announcement on 3 August 2026 reported maiden revenue there of US$319,637 for the three months to 31 July. A proposed 8MVA site at Liwa is progressing with civil and preparatory work. In the UK, the group has a 25-year power purchase agreement with Cambridge City Football Club. A non-binding letter of intent with Bitdeer Middle East Technology was signed on 24 April 2026, and discussions continue subject to commercial terms. The board said that, subject to completion of the funding, it believes the company has sufficient resources to continue, so the going-concern assessment is conditional.

Sector and index context

Power-intensive digital infrastructure, including hosting for computing workloads, has drawn interest because of its Demand for electricity-backed capacity, and the company has chosen the UAE as its main site for expansion, with early steps into Saudi Arabia and Bahrain. Smaller AIM companies in the field typically depend on external funding to build sites ahead of revenue. Active Energy's membership of the FTSE AIM All Share Index reflects its AIM quotation.

Key risks

The main risks are the tight cash position, dilution from warrants and further fundraising, the non-binding status of the Bitdeer letter, and the repayment schedule, which begins soon after drawdown. Revenue remains very small against costs, and the share price reference of 0.08 pence shows how heavily the warrants could dilute existing holders if exercised in full. Funding talks with a private investment fund over a potential Debt facility are ongoing but no binding agreement exists.

What to watch next

Investors will look for drawdown of the facility, progress at Liwa, any binding agreement with Bitdeer or a debt provider, and the next operational update.