Active Energy has signed binding heads of terms to acquire the Ghummud grid connection for a total of £2 million, funding the deal with £1 million in new ordinary shares at 0.11 pence each and £1 million in deferred cash payments. The deferred cash is payable in two £500,000 installments at six and twelve months post-completion, with first-year net operating profits offsetting the final payment.

The Ghummud site features a live 3.5 MVA energized transformer and associated infrastructure, offering approximately 2.975 MW of available capacity. Currently non-operational, the asset consists solely of the grid connection, electrical hardware and land, providing a platform for modular digital energy infrastructure deployment.

Active Energy estimates the site could generate $1.85 million in annual gross revenue and $850,000 in free cash flow once fully operational, implying a three-year payback period. The £2 million consideration equates to roughly £570,000 per MW, representing a potential 50% cost saving versus typical UK grid infrastructure costs of £1–1.5 million per MW.

The company plans to overlay its modular digital infrastructure to offer ultra-low-cost power under off-take agreements, aiming for scalable capacity growth with limited shareholder dilution. Management highlights that the acquisition protects the balance sheet while securing energized grid access in a key Middle East market.