Active Energy Group PLC (AIM:AEG, OTCID:AEUSF), the d developer of power-backed infrastructure in the United Arab Emirates and wider Gulf, says it is moving from proving its model to securing scale as it pursues developments of up to 100 megawatts. The company said its first phase in the UAE established capability, while the second phase is about securing scale, with the board believing the com...
LONDON--(BUSINESS WIRE)--Citi Investor Services has been awarded a full middle office mandate by Aegon Asset Management (Aegon AM), covering US$380 billion in Assets under Management and extending a long-term relationship with a key client of 20 years. This mandate expands the scope of services already provided to Aegon AM by Citi, including custody, depositary, collateral, fund accounting and ...
Active Energy Group PLC (AIM:AEG, OTCID:AEUSF) told investors that its Ghummud digital infrastructure facility generated maiden revenue of US$319,637 during its first full quarter of operations, with performance matching the board's expectations. The UAE facility contributed revenue for the three months ended 31 July 2026 after infrastructure was redeployed to the site in May.
Active Energy Group PLC (AIM:AEG, OTCID:AEUSF) used its full-year results to detail a pivot from a single biomass fuel business into a diversified renewable energy and digital infrastructure company built around four strategic pillars. The centrepiece is a UAE digital infrastructure operation hosting high-performance computing for artificial intelligence and crypto mining, drawing on ultra-low-...
Standard Life PLC (LSE:SL.) has received a target price upgrade from JPMorgan, which said investor concerns about capital returns, retail growth and earnings quality may be overdone following the agreed acquisition of Aegon UK.
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