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Pin to quick picksActive Energy Share News (AEG)

Share Price Information for Active Energy (AEG)

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Share Price: 0.21
Bid: 0.00
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Change: 0.00 (0.00%)
Spread: 0.08 (47.059%)
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Prev. Close: 0.21
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Active Energy says wood chip volumes will be hit by delays

Mon, 13th Jul 2015 11:46

(ShareCast News) - Wood chip supplier Active Energy said delays in installing new handling equipment will result in a reduction in forecast hardwood wood chip volumes for 2015.The group said that as a result of delays in ordering the necessary equipment and a longer-than-expected lead time for installation and commissioning at its wood chip facilities in Yuzhny Port, the new production line will now be fully operational in late August.Still, Active Energy expects overall volumes for the year to be more than double the 154,103 tonnes achieved in 2014.Chief executive officer Richard Spinks said: "Our considerable investment in new equipment for our well-established hardwood product offering and an entirely new production facility for softwood wood chip will enable us to establish a firm foundation for the future to satisfy the continually-growing demand from our Turkish MDF manufacturing customer base."Although the timing of these facilities upgrades has been delayed due to circumstances beyond our control, the Board and I remain very confident that we will end 2015 with more than twice the production volumes achieved in 2014 - at improved margins due to the efficiencies we have implemented - and we anticipate that 2016 will show a further substantial growth in volumes, in line with our long-term business strategy."At 10:59, shares were down 2.9% at 6.40p.
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22 Nov 2018 12:23

Active Energy Shares Suspended To Clarify Timber Permits Approval (ALLISS)

LONDON (Alliance News) - Shares in Active Energy Group PLC were suspended from trading on AIM on Thursday pending clarification of whether or not it has been issued commercial timber permits in a

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1 Nov 2018 12:44

Active Energy Looking For Directors After Managing Director Steps Down

LONDON (Alliance News) - Active Energy Group PLC said Thursday it is searching for new directors after Richard Spinks left the company's board to focus on his other business was the renewable

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15 Oct 2018 10:40

Active Energy Shares Rise On Partnership With Georgia Renewable Power

LONDON (Alliance News) - Active Energy Group PLC on Monday said it formed a joint venture with Georgia Renewable Power LLC to install CoalSwitch facilities at three biomass-to-energy power plants

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15 Oct 2018 08:54

Active Energy to install CoalSwitch facilities across the US

(Sharecast News) - AIM-quoted renewable energy outfit Active Energy has entered into a joint venture agreement with Georgia Renewable Power that will see the pair install CoalSwitch facilities across the US.

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8 Oct 2018 12:48

Active Energy Amends Forestry Management Agreement Application

LONDON (Alliance News) - Active Energy Group PLC said Monday that it amended its application for the Crown Timber licence and forestry management agreement with the Canadian government after were

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5 Oct 2018 15:09

Active Energy Issues 4.1 Million Shares Following Loan Conversion (ALLISS)

LONDON (Alliance News) - Active Energy Group PLC said on Friday that a holder of convertible loan notes has converted 150,000 notes into 4.1 million shares in the company.Following this now

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28 Sep 2018 14:48

Active Energy Loss Expands As It Focuses On Commercialisation

LONDON (Alliance News) - Active Energy Group PLC on Friday reported a wider loss as it focuses on the commercialisation of its products.The renewable energy business said its operating loss

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28 Sep 2018 11:28

Friday broker round-up

(Sharecast News) - Huntsworth: Berenberg reiterates buy with a target price of 150p.

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12 Sep 2018 12:40

Active Energy Crown Timber Application Still Under Final Review

LONDON (Alliance News) - Active Energy Group PLC said Wednesday that its application for the Crown Timber licence and forestry management agreement with the Canadian government is still under the

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13 Jun 2018 10:58

WINNERS & LOSERS SUMMARY: Just Eat Drops As Deliveroo Plans Expansion

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Wednesday.----------FTSE 100 - up 2.3%. The miner reported that subsidiary a

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17 May 2018 11:20

Active Energy To Buy Forestry Assets In Canada, Shares Rise

LONDON (Alliance News) - Shares in Active Energy Group PLC rose Thursday as it signed a memorandum of understanding to acquire a controlling stake in PowerWood Canada Corp, which holds multiple in

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28 Nov 2016 10:35

WINNERS & LOSERS SUMMARY: Fear Of Italian 'No' Vote Weighs On Banks

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7 Nov 2016 12:07

DIRECTOR DEALINGS: Active Energy Chief Executive Buys Shares

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3 Nov 2016 17:03

DIRECTOR DEALINGS SUMMARY: Fourth Active Energy Director Buys Shares

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31 Oct 2016 13:03

Active Energy Issues Shares To Investor And Joint Venture Partners (ALLISS)

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