26th Aug 2021 11:30
(Alliance News) - eEnergy Group PLC on Thursday announced the securing of a new contract worth GBP400,000 to provide solar power and LED lighting for British Gaskets Ltd.
Shares were up 12% at 19.62 pence each in London following the announcement.
The contract is the first for eEnergy to provide solar power together with LED lighting in a single contract.
"This contract represents a major milestone for the group as we begin to offer joined-up energy-as-a-service solutions to customers," Chief Executive Harvey Sinclair commented.
"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 financial year 2022 in-line with current market expectations."
London-based eEnergy helps businesses become more energy efficient through decarbonisation solutions and energy reduction. Trading for the year continues to be in-line with current market expectations, the company noted.
By Will Paige; [email protected]
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