Permit Public Comment Period Further Extended

RNS Number : 1250L

Active Energy Group PLC

28 April 2020

 

28 April 2020

Active Energy Group Plc

('Active Energy', 'AEG' or the 'Company')

 Construction and Air Permit Public Comment Period Further Extended

Active Energy, the international biomass based renewable energy business, announces that the public comment period for the construction and air permit (the "Permit") for the Company's CoalSwitch™ plant at the Lumberton site has been further extended until 27^th May 2020. In its announcement, The Division of Air Quality cites the impact of COVID-19 on public participation as the basis for its extension decision.

The Company has already engaged the Division of Air Quality via its North Carolina counsel and is evaluating its options via legal and other channels in response to the continuing delay in the issuance of the Permit.

The Company has previously announced that it had completed all other application and procedural formalities, with regards to the Permit, and the Division of Air Quality has confirmed to the Company that a draft Permit has been prepared and no further information is required by the administration regarding this project.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

ENDS

Enquiries:

Website	LinkedIn
www.aegplc.com	www.linkedin.com/company/activeenergy

Enquiries
Active Energy Group Plc	Michael Rowan Chief Executive Officer Antonio Esposito Chief Operations Officer
SP Angel Corporate Finance LLP Nominated Adviser and Broker	David Hignell / Caroline Rowe	Office: [phone]
Camarco Financial PR Adviser	Gordon Poole / Tom Huddart / Emily Hall	[e-mail] Office: [phone]

About Active Energy Group:

Active Energy Group plc is a London listed (AIM: AEG) renewable energy company that has developed a proprietary technology which transforms low-cost biomass material into high-value green fuels.  Its patented product CoalSwitch™ is the world's only drop-in biomass fuel that can be mixed at any ratio with coal or completely replace coal in existing coal-fired power stations without requiring plant modification. Active Energy Group's immediate strategic focus is the production and commercialisation of CoalSwitch™ and a low emission CoalSwitch™ blend that utilises other waste materials.

 

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