TIDMAEG

Active Energy Group PLC

07 September 2023

Reach - non-regulatory announcement*

7 September 2023

Active Energy Group Plc

("Active Energy" or the "Company")

AEG becomes Member of the IBTC

Active Energy (AIM:AEG, OTCQB:ATGVF), a producer of sustainably-sourced, energy-dense clean carbon products and technologies , is pleased to announce that it has been voted by the members of the International Biomass Torrefaction and Carbonisation Council ("IBTC") to join the IBTC.

The IBTC is an organisation promoting the sustainable production of vital torrefied or carbonised technology products on a global scale, with an aim to efficiently replace carbon-emitting fuels such as coal. The IBTC members are chosen due to their commitment to contributing to the acceleration of the global transition to cleaner, more carbon-neutral fuels. Torrefaction, pyrolysis, carbonisation and even steam explosion are all thermal treatment processes which the members are developing to upgrade solid biomasses into substitutes for conventional carbon. The IBTC membership includes all industry participants, including fuel suppliers and component manufacturers.

The IBTC and Active Energy believe steam explosion processes, torrefied or sustainably sourced carbonised biomass and waste feedstocks will efficiently replace fossil carbon in all industries and applications.

Michael Rowan, CEO of Active Energy, commented: "We are extremely pleased to have been elected as a full member of the IBTC, alongside many of the key global players in the biomass supply chain. Our mission is aligned wholly with that of the IBTC, and we look forward to supporting them and utilising our products and proprietary technologies to assist in the IBTC's mission to increase the awareness and education around cleaner, carbon neutral fuels and their benefits."

Enquiries:

 
 Active Energy           Michael Rowan (Chief Executive             info@aegplc.com 
  Group Plc               Officer) 
                          Michelle Fagan (Chief Financial 
                          Officer) 
                          Barron Hewetson (Chief 
                          Technology Officer ) 
 Allenby Capital         Nick Naylor/James Reeve/Daniel           Office: +44 (0)20 
  Limited                 Dearden-Williams (Corporate                     3328 5656 
  Nominated Adviser       Finance) 
  and Broker              Amrit Nahal (Sales/Corporate 
                          Broking) 
                        ---------------------------------  ------------------------ 
 Camarco                 Tom Huddart / Emily Hall                 aeg@camarco.co.uk 
  Financial PR            / Lily Pettifar                         Office: +44 (0)20 
  Adviser                                                                 3757 4980 
                        ---------------------------------  ------------------------ 
 Scoville PR             John Williams                           aeg@camarco.co.u k 
  US PR Adviser 
                        ---------------------------------  ------------------------ 
 International           IBTC Office                        office@ibtc-council.org 
  Biomass Torrefaction                                         www.ibtc-council.org 
  and Carbonisation 
  Council 
                        ---------------------------------  ------------------------ 
 
 
 Website          LinkedIn                                 Twitter 
 www.aegplc.com   www.linkedin.com/company/activeenergy    https://twitter.com/aegplc 
                                                            @aegplc 
                 --------------------------------------  ----------------------------

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END

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(END) Dow Jones Newswires

September 07, 2023 02:00 ET (06:00 GMT)

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