Active Energy Group
-
Press Releases
AEG to Sell Lumberton Facility to Phoenix Investors LLC
Proceeds will be used for the development of commercial production facility in Ashland, Maine LUMBERTON, N.C., March 31, 2022 (GLOBE NEWSWIRE) — Active Energy Group (AIM:AEG), producer of CoalSwitch™, a new clean energy pellet, announced it has entered into a sale and purchase agreement with Phoenix Investors LLC for its Lumberton Site (“Lumberton”) in North […]
Tagged in: -
News
Coal Substitutes Touted as Way to Keep Coal-Fired Power Plants Open
The move away from coal-fired power generation has supported the growth of other technologies to produce electricity. Discussions often revolve around renewable resources such as solar and wind, or the
Tagged in: -
Fuel
Active Energy Group Announces $10 Million in New Funding, Continues Development of First CoalSwitch Production Facility
LUMBERTON, N.C. (February 9, 2021) — Active Energy Group plc (AEG) announced it has secured new funding in the amount of $10 million while also converting all existing debt to equity. The new funding and clean balance sheet will allow the company to accelerate development of its revolutionary CoalSwitch production facility in Lumberton, North Carolina. CoalSwitch is […]
Tagged in: