eEnergy Group PLC Contract Win (8159J)
26 Agosto 2021 - 1:00AM
UK Regulatory
TIDMEAAS
RNS Number : 8159J
eEnergy Group PLC
26 August 2021
26 August 2021
eEnergy Group plc
("eEnergy" or "the Group")
First Contract Win for Solar plus LED
eEnergy (AIM: EAAS), a leading Energy Efficiency-as-a-Service
business in the UK and Ireland, is pleased to announce the Group's
first contract win to provide solar power together with LED
lighting in a single contract.
The contract is with British Gaskets Limited ("British
Gaskets"), a UK based international manufacturer and supplier of
gaskets, seals, plastic and rubber mouldings and materials. The
initial, single site contract covers a solar power system, together
with LED lighting, with a contract value of approximately
GBP0.4m.
Over the 20 year lifetime of the system, the Board anticipates a
total customer cost saving, at today's prices, of almost GBP1.4m
and a reduction of CO2 emissions of approximately 576,000
tonnes.
The Board continues to expect trading for the year ended 30 June
2022 to be in-line with current market expectations.
Harvey Sinclair, Group CEO, commented "This contract represents
a major milestone for the Group as we begin to offer joined-up
energy-as-a-service solutions to customers. Our offer is being well
received by the market and this blueprint for material energy and
cost savings, coupled with significant decarbonisation is
compelling for customers and the environment. This contract gives
us the confidence that we're on track to deliver results for FY22
in-line with current market expectations."
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014. The person responsible for
arranging for the release of this announcement on behalf of eEnergy
is Ric Williams, Chief Financial Officer.
For further information, please visit www.eenergyplc.com or
contact :
eEnergy Group plc Tel: +44 20 7078
9564
Harvey Sinclair, Chief Executive Officer info@eenergyplc.com
Ric Williams, Chief Financial Officer
Singer Capital Markets (Nominated Adviser Tel: +44 20 7496
and Joint Broker) 3000
Justin McKeegan, Mark Taylor, Asha Chotai
(Corporate Finance)
Tom Salvesen (Corporate Broking)
Turner Pope Investments (Joint Broker) Tel: +44 20 3657
0050
Andy Thacker, James Pope info@turnerpope.com
Tavistock Tel: +44 207 920
3157
Jos Simson, Simon Hudson, Katie Hopkins eEnergy@tavistock.co.uk
About eEnergy Group plc
eEnergy Group plc is an integrated energy services company,
enabling organisations to transition to 'Net Zero' through "Energy
as a Service". The Group offers:
-- Energy Management as a Service; providing energy measurement,
monitoring and analytics on top of core "Zero Carbon" procurement
services;
-- Energy Efficiency as a Service; zero upfront capital, energy
reduction solutions through measured savings contracts including
its LED businesses; and
-- Enhanced customer value proposition through data gathered and
analysed with its proprietary MyZeERO platform
eEnergy was admitted to AIM in January 2020. The Board's
strategy is to use its market leading eLight LED business as the
foundation to expand eEnergy as a broader energy services company
via a 'buy and build' strategy in the energy management sector. The
market in the EU for energy efficiency services was approximately
EUR25 billion in 2017 and is expected to double by 2025.
eEnergy has been awarded The Green Economy Mark by the London
Stock Exchange, which recognises a company's work on
sustainability.
https://eenergyplc.com/
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END
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