Change of Adviser

RNS Number : 5651C

Active Energy Group PLC

29 June 2016

 

Active Energy Group Plc / EPIC: AEG / Sector: Alternative Energy

29 June 2016

Active Energy Group Plc ('Active Energy' or 'the Group')

Change of Adviser

Active Energy, the AIM quoted international vertically-integrated renewable energy, forestry management and timber processing business, is pleased to announce the appointment of Northland Capital Partners Limited as Nominated Adviser and Broker to the Company with immediate effect.

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Enquiries & Further Information

Website	LinkedIn	Twitter
www.active-energy.com	www.linkedin.com/company/activeenergy	www.twitter.com/aegplc (@aegplc)

Enquiries
Active Energy Group Plc	Richard Spinks Chief Executive Officer	[e-mail] Int: [phone]
	Brian Evans-Jones Chief Financial Officer	[e-mail] UK: [phone] Ukraine: [phone]
Northland Capital Partners Limited Nominated Adviser & Broker	Patrick Claridge/David Hignell/Gerry Beaney (Corporate Finance) John Howes/Rob Rees (Sales and Broking)	Office: [phone]
St Brides Partners Financial PR Adviser	Susie Geliher/Frank Buhagiar	[e-mail] Office: [phone]

About Active Energy Group

Active Energy Group Plc ("Active Energy" or "AEG") is an AIM quoted company operating internationally across the entire timber supply chain - from forest to factory and fuel.

Active Energy's vertically-integrated business units provide timberland development services for forestry owners, industrial wood fibre for MDF manufacturers, and second-generation Biomass coal replacement fuels for industrial power generators.

Active Energy has three divisions:

·     AEG TimberLands: Forestry Asset Management and Development

·     AEG WoodFibre: Industrial Wood Fibre for Medium-Density Fibreboard (MDF) Manufacturing

·     AEG CoalSwitch: Advanced Biomass Coal Replacement Fuels and Fuel Processing Systems

Active Energy's relationships with forestry owners through its AEG TimberLands operation allows the Company to maximise the value of its standing timber assets, converting low-grade material - primarily non-saw logs/technical lumber and forestry thinnings - into industrial wood fibre for MDF manufacturing via Active Energy's AEG WoodFibre division.  This vertically integrated model also provides feedstock for the Company's AEG CoalSwitch joint venture, which generates green energy power generation from Biomass. 

 

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